Intro:
I'm not a full-time trader, I just do it for fun on the side of what I call my "real" investments which are far more long-term plays in stocks and crypto.
Trading is a hobby of mine. It's proven to be profitable and definitely viable. I love doing it but I know that short-term trading like this is both risky and unpredictable!! That's why I don't rely on it for my main income stream.
Tripto Trade Log Entry 3:
I opened a new position this morning on ETH. My strategy is simple and I'm sticking to it!! This buy-in level has been profitable on the last 3 plays I've made and I believe we'll stick to this range for the time being.
Opening Position
- Underlying: ETH
- Buy Price: 221.06
- Expected Sell Price: $225.48
- Expected Profit: ~2%
- Expected Window: 1-2 days
- Actual Profit = TBD
I already have the sell order set for $225.48 (which locks in a 2% profit from my buy price of $221.06)
Disclaimer:
Nothing in this post or in any other post I write about my own trading/investing should be read as financial advice. All information in this post is simply for entertainment purposes only.