Live Trade on Btc
- Steven
- 2 days ago
- 1 min read
I got home today and found a nice setup arriving in an hour so I decided to record the trade actively with the intention of discussing my thoughts on it as it progressed in real time. Real time experience is quite different to analysis and theory in the same way understanding ideas is different to applying them. You can know how to kick a ball or swing a club but not actually be able to do it very well yourself. You also never consider the human element when attempting to execute the strategy; the emotions, psychology and so on, which I've always said is more important for your bottom line than understanding any theory.
We banked $900 today with 1/3 of the position floating ($450). At the time of this upload our decision is to leave the last 1/3 open until we observe the daily candle close as that is our next unit of information that will necessarily lead to some decision.
Good Trading.
