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You need to sort out your risk management.

Done for the day banked on the US30 nice little upside rally.

I’ve been reading over this thread is any technical analysis carried out before plunging into this market? It does come across as a bit hit and hope. I don’t trade Crypto yet if you could read a chart it was indicated reasonably early there was going to be a change in trend to the downside. I’m...

If this is your plan you need to find an edge in the market, I may hold a trade for 5 mins to two days max I like to get in and out and bank the profit. Saying that it took me ten years to find a consistently profitable edge. Good luck.

BTC daily chart formed a perfect head and shoulder pattern, advice stay away from buys until a bullish signal is confirmed.

Really? We aren’t allowed to trade Crypto and have to close all trades ahead of potential volatile financial news releases. I like volume not fan of all that volatile whipping around oil can be a bitch for that.

I wouldn’t bother far to volitile if all It take is Elon Musk saying a few words to send it spiralling. Professional traders leave it alone on the main.

Depends what side of the trade your on :whistle:

Thanks

I opened a coin base account as I wanted to buy some dogecoin then found out they don’t support it ffs.

Way to much pressure for a beginner trading other people’s money, set up a demo account and see how you go. Your probably get wiped out everyone does part of the learning curve. You also will be trading pennies with a few hundred as the leverage is crap on crypto.

The markets aren’t reflecting the state of economy’s since Covid, It’s a bubble waiting to burst the US have pumped billions into the markets to try and keep a float. Money which would be better spent on the people, imagine people being made redundant from their company only to see the companies...