RE: Do you profit on 99% of all your trades using your current strategy? We do..

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Do you profit on 99% of all your trades using your current strategy? We do..

in trading •  7 years ago  (edited)

Hey Luc,

where do you see the larger base on ETH/USD for you at the moment?

I committed Luc's rookie mistake #1 (zoomed in too much) and bought at 1240 Monday evening before the major panic hit, and missed my exit.

Do you see a bounce close to 1200 coming or should I get out at the current base (around 850?) and trade further cracks? WWLD (what would Luc do)?

Thanks so much for all your content. I'm paying my tuition right now, but I trust I'll do well with your method in the future.

Update

I did sell some around $1000 in case we crack the new base at 950.

trading
7 years ago by

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      ·  7 years ago 

    I believe that Luc would just get out of position, on a bad trade. So basically, take the loss and wait for new entry - based on the broken base strategy.

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