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BTC/USDT Renko 2 Up 2 Down
Started Jul 25, 2022|Trading Journals|52 replies
I have switched from trading ETH/USDT to BTC/USDT also went from candlestick to Renko. I lost ...
I found a youtuber who tests trading systems and I will be using this system tomorrow.
So after all that revenge trading I followed the rules and entered a trade. Still not back to breakeven on the day though. image
I entered a trade not thinking about server maintenance @ 5:55-6 pm EST when they close orders unless you've paid over night fee's. Here is the result image
Looked like price wanted to reverse on the 1M chart so I exited image I need to stop exiting early image
I entered late and exited early on this trade image image
Starting with only $5 USDT (actually $3 bityard gives $2USDT to everyone for free margin) and 100X leverage which makes each box about $7USDT. First trade entered at second red bar there is also a descending triangle image image
This can happen to when price rockets one way and I get in late.
This is more typical image image 0.37% profit after fees but hey it's not a loss
Here is a trade I just took. The arrow is pointing to a bar with wick. That wick went up 2 candles and I took the sell after two down candles. image image Most of my trades do not net this much
This is how I have my charts set up. Top BTC/USD middle ETH/USD both renko and lastly BTC/USD regular candlestick chart (so I can see the candle count down) image
I have switched from trading ETH/USDT to BTC/USDT also went from candlestick to Renko. I lost ...
Starting a new system and resting win/loss ratio again The system is super simple 15X Leverage $1 ETH/USDT Renko Bars. Enter long/short on 3 consecutive bars and exit with 2 in the opposite direction. My stop loss is set to 5% because that is the ...