Off to a decent start #layer It wasn't much, but still good | Daily dose of idiot trading on Binance Square

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Off to a decent start #layer It wasn't much, but still good

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$DOGE During the last few days I've managed to (not exactly...) mess up again, this time with the same coin I had hope in: DOGE. As per usual, I could've gained a fortune if I didn't back out in the last moment... I was there when DOGE peaked at 0.25$, and the chart showed signs of a bear run. And I knew that, but still I hesitated. Ironically, mistakes were made: I made a long in a downtrend!!! A good portion of my budget was erased... The good news is, a while later some sell orders were made and the profit made up some loss. Still, GREED and FEAR are my greatest enemies; It always happens at the wrong time, especially when I see the correct pattern.

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After a few days messing around, I've finally come up with a plan (sort of). This allows / forces me to keep track of my trading progress: How much I gain / lose, overall performance (compares to my standard goal).🤔🤔 And if anyone thinks the numbers are wrong, I don't blame you. That is more than 5M$ (5.5 BILLION PERCENT GROWTH), from a capital of 1$... The best thing is, I'm only required to make 5% gain daily.🤑🤑 And now.... comes the "not so good" news:😳😳 1. I need to increase the profit continuously, and it gets harder overtime. 2. The plan assumes "PERFECT" process (No loss), which in reality is highly improbable (for small & hobbyist traders). As it shows in the chart, I fail to do both.😳 This may be my first attempt to trade seriously, after so many soul-crushing losses. If anyone wants to try this plan, be my guest (change the rate if you like); If not, it's okay. Or you can share your way of trading!!! $BTC $ETH $BNB #TradingStories

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$DOGE After a short break (again), it was decided that I'd try something new: Coin-M. The aftershock of the $ETH dump still lingers, so I'm being cautious this time. So far everything is going well. The gains are not significant honestly; but I'm in this for the long game, and as long as I keep the profit coming I'll be in good shape...#MarketPullback

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$ETH Ok so.... First of all, I'm pretty much at fault here, making wrong trades at the wrong time. Greed has always been my biggest flaw. Secondly, WHICH ONE OF YOU DAMN WHALES DUMP IT LIKE THIS!!!! Well I guess this is a wake-up call for me.... Really need to start using stop loss from now, plus another break Maybe next month when paycheck comes I'll learn to trade properly

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$ETH Last night was not a "really" good time for me to trade, fairly saying. Despite seeing a pattern, I took short position early. Too early... Being in denial as I always am, margin was increased in hope of getting a reversal. It was a good thing it did, but much later when I started to accept the loss. I suppose being stubborn sometimes is worthwhile... 😬😬😬

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