My Trading Journey July 10th

Hello,

I will be posting all my trades that I make and the reasons behind why I am making the trades. Hopefully make some money and teach/learn from everyone in here and we all get better!

I will be doing a lot of swing trading and also long/shorts! Mostly longs but who knows :stuck_out_tongue_winking_eye:

I trade on Coinbase pro, Binance and also Kraken! I use Tradingview Pro+ version for my alerts and TA.

Trades and analysis coming soon!

Best,

Ethan

6 Likes

7/11/19 First trade I sold 10 ETH at $285.29 as ETH was in a downtrend (heikien ashi) went down the vwap on the 3 minute chart at 285.00. Bought back at 283.00 or a .0706 ~$20 USD gain

4 Likes

Second trade I sold 4382 ZRX at 2230 sats. It went below the support and that is the reason why I sold. I bought back at 2201 sats. A gain of 50+ zrx aka $10 usd :slight_smile: #smallwins

4 Likes

Thanks! Keep going! I’ll follow!

3 Likes

Next trade I had an alert that told me zrx pumped 10+% when the whole other market was down. I looked at news and nothing but a little bit of bad news actually. I sold my whole stack and bought back near the vwap and also got an alert when crossing down the 70 rsi! It was also way oversold at the 91 on the RSI. Made around 424 zrx by swinging it!! Sold at 2417 sats and bought back at 2301 sats or ~5% ROI in around 23 minutes :slight_smile:

ZRX BTC -5662 2417 -8813 424
-212 9237 106
-1077
-1862
2 Likes

are you planning on paying taxes ? what are you using to track your trades and owed tax?

3 Likes

Of course! I pay my taxes every year. I keep all my winnings/loses in an excel spreadsheet and I do daily P/L and monthly P/Ls to keep track of how I am doing financially. At the end of the year, I deduct all my profits (hopefully) from my expenses and pay taxes on those gains :slight_smile:

2 Likes

I also use bitcoin.tax and import all my trades there to double check :slight_smile:

2 Likes

Next trade. I sold 10 ETH at 226.30 and bought back at 223.55 or about a 1% swing after the coinbase fees :slight_smile: I sold because the 13ma, 50ma, and vwap were all below the 200ma. Looking extremely bearish. Bought back because it was going into the oversold area on the 15 minute chart! A gain of .1 ETH in ~10 minutes. I promise Im not only just posting my wins. When I lose, I will post, but just getting lucky :slight_smile:30%20PM

2 Likes

ETH just crossed a support that I put in at 223, so I sold and bought back at around 220.20 A gain of .11 ETH. I sold .066 at 224. So not really counting that in there. I try to scalp 1% at a time 37%20PM

2 Likes

Just sold another 10 ETH at 198.66 and bought back at 196.28. A .1 ETH gain. I put my stop loss at 201. After a huge decrease, Ive seen that a lot of the time we trade sideways for a bit. We have been in the range of 195 on the low and 202 on the high. So selling towards the high of the range was my strategy this time. Worked out pretty well.13%20AM

2 Likes

I sold at 214.88 and a little bit got filled at 216 because it hit the 200 MA on the 15 minute chart, I scalped 1% or .1 ETH or a $23.87 profit! Going super strong with all my analysis! Havent lost one yet :slight_smile: My stop was at $217.00 or 1% above my sell point!

ETH -10 214.88
-0.7604 216
10.873 23.8712

1 Like

First loss :frowning: Sold at 217.43 as it was looking like a down trend via the heiken ashi and also broke a 3 minute support! It did go down, but just didnt go to my target point!

Lost out on about .13 ETH or ~28 USD stop was triggered at 219.80 or the last 4 candles high!

1 Like

If you are getting hit by 1% fees… consider moving your funds onto an exchange like binance.

2 Likes

I consider my fees in all my trades that I do! Thanks for the heads up though!

1 Like

Next trade I sold ETH to USD at 221 as it was in a down trend and just broke the support that I set. Sold 20 ETH and bought back my initial 20 at 218.35 (1% down from my initial sell). The rest I let ride and bought back at 217. Aka a .2045 ETH/ ~$44 USD gain. My stop loss was set at 224.01 or just around $3 above my sell point.

1 Like

so far with my strategy I’m 8-1 on my swing trades :smiley: Probably luck, but I’m having fun! Would like to see some other traders trades as well!

3 Likes