Consolidating under the daily open, fib level, daily momentum still bearish, expecting a retest of 40k again. I don't think it will hold either, but still a good target.
Invalidated again, not my best scalping session. Will try again tomorrow. I will also short $44k if we get it. Goodluck everyone. Total loss 0.015 BTC on these two attempts.
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• Charting vs. Trading
• Missed opportunities
• Probability
• Emotions
I'm writing this thread for my own personal reference (in the future) and for anyone that is interested to see my most recent experience trading Bitcoin. Everything in this thread covers the last week of
my trades, mindset, executions, emotions, etc...
Charting and trading are two totally different games. It is important to understand this, especially if you are a new trader or investor in this industry. Anyone can make a chart that plays out, but just because the chart plays out does not mean the trader executed properly.