7:58 in the morning. The kettle’s just on, and while I wait for my coffee, I open my account. Day 47 of live trading, and I’m still here. Haven’t blown up.
₿ BTC is still moving sideways on the 4-hour chart. ETH is sitting at 2,423, down 0.8% over 24 hours. It touched a high of 2,494, then slid back to around 2,393, with a trading volume of 685 million USDT—in plain English, neither bulls nor bears are willing to make the first move.
My system’s signal is to sit on the sidelines. That makes three days in a row. I’m itching to trade, but last time I forced a trade in a choppy market, I got whipsawed twice. This time, I’m admitting defeat and staying put.
Meanwhile, people in the group are talking about SOL and PEPE again. One of the guys asked if I dared to get in. I said I wouldn’t trade without a signal from my system, and he called me a “wimp”… Fine, call me a wimp. It’s my money.
If ETH can hold the 2,393 support level, I might try a small long position; if it breaks, I’ll keep sipping tea and watching the show…
In a sideways market like this, do you wait patiently for a signal, or get itchy and jump in early?
#BTC $XAUT $BTC
₿ BTC is still moving sideways on the 4-hour chart. ETH is sitting at 2,423, down 0.8% over 24 hours. It touched a high of 2,494, then slid back to around 2,393, with a trading volume of 685 million USDT—in plain English, neither bulls nor bears are willing to make the first move.
My system’s signal is to sit on the sidelines. That makes three days in a row. I’m itching to trade, but last time I forced a trade in a choppy market, I got whipsawed twice. This time, I’m admitting defeat and staying put.
Meanwhile, people in the group are talking about SOL and PEPE again. One of the guys asked if I dared to get in. I said I wouldn’t trade without a signal from my system, and he called me a “wimp”… Fine, call me a wimp. It’s my money.
If ETH can hold the 2,393 support level, I might try a small long position; if it breaks, I’ll keep sipping tea and watching the show…
In a sideways market like this, do you wait patiently for a signal, or get itchy and jump in early?
#BTC $XAUT $BTC