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Day Trading vs. Swing Trading vs. Position Trading 86 replies

Attachments: Techknow Trading
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Techknow Trading

Quoting Techknow
{quote} I've been sleeping 2 hours a night for 20 years,lol. This week is especially hard because I can't walk 10 feet without getting blasted by water 24 hours a day. Dont be me, get some sleep!
May God be with you and protect you.
Have a nice day
Quoting Techknow
{quote} I've been sleeping 2 hours a night for 20 years,lol. This week is especially hard because I can't walk 10 feet without getting blasted by water 24 hours a day. Dont be me, get some sleep!
Haha that sounds wonderful! Be careful out there! Try and stay dry, happy trading.
Quoting Markyboi
{quote} Haha that sounds wonderful! Be careful out there! Try and stay dry, happy trading.
Dry, there is no dry. If you go inside somewhere, it's covered in plastic, and people have hoses and water guns. Inside, outside. You have one goal, that is not to get sick.
TechKnow
Quoting Techknow
{quote} Dry, there is no dry. If you go inside somewhere, it's covered in plastic, and people have hoses and water guns. Inside, outside. You have one goal, that is not to get sick.
It sounds like chaos!
Quoting Markyboi
{quote} It sounds like chaos!
Google Songkran thailand water fights and imagine that at every single home business and street in the whole country x50 . Its absolute chaos
TechKnow
Great journal, TechKnow! Best of luck, green pips are coming!
J.P.
Is that a head and shoulders I see on the gold chart? Struggling to break the neckline, Tech?
stay healthy and dig in
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Quoting jundzis
Great journal, TechKnow! Best of luck, green pips are coming!
Thanks for coming by, hope to see more of you. Cheers
TechKnow
Quoting Markyboi
Is that a head and shoulders I see on the gold chart? Struggling to break the neckline, Tech?
my man! Show me with a chart! This is the way!
TechKnow
Quoting Techknow
{quote} my man! Show me with a chart! This is the way!
I just got home but i imagine i can see what you were talking about and i don't think it ever got to the neckline
TechKnow
Right now, all my 2 eyes are on Bitcoin closing above or below 70k. I will cut this piece of shit position depending on the close. However, lower lows on the hourly now.
TechKnow
Quoting Techknow
{quote}I just got home but i imagine i can see what you were talking about and i don't think it ever got to the neckline
no it had a pullback but now it’s shooting for the stars again. Mad stuff
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Don’t focus on making $$$, focus on protecting what you have.
Quoting profits7
{image}
_______________ just XU = thats what I trade
Don’t focus on making $$$, focus on protecting what you have.
Lol, that bitcoin is wreaking havoc on the account. It won't go up enough to close and won't go down enough to help. Lol.
I'm still under the D-D limit, so I guess I will let it play till I have to cut it off, lol.

Ive added a gold short here off the last 4 hour candle. Hopefully, anyone who followed my advice followed what I said about position sizing and price being corrective, not trend changing, so to protect it.

I'll be back later to see if Bitcoin has put me out of my misery yet.

Back out into the water.
TechKnow
what is going on with gold and oil today?
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ma ma make me happy
Hey, y'all, I didn't do much today trading-wise, I just played in the water and watched Bitcoin tease me through my phone. This sob sure enough triggered half my stops and then collapsed of course. Needless to say, by the time the target is hit, the gain will be back where it was, and the DD, by some miracle, stayed under my 20% threshold. I guess the account won't be too messy for too long, as I was planning. Although I barely escaped my DD limit by .76%, Nothing short of a miracle. I knew this bitch was going down; my system doesn't lie; it just teases me on Bitcoin because Bitcoin is a shit show. I have bitcoin going down to 51 in time. I am going to do myself a favor and lighten my load so I can trade other things on this account while Bitcoin inevitably tears at my emotions. Cant wait to trade normal stuff next week.
TechKnow
I hope the whipsaw didn't hit you on gold, guys; it whipped me out of one of my positions. But nonetheless, the remaining shorts remain strong. I would expect Gold to finish catching up with the divergence on its usual correlation with DXY next week. 2045 Should be in the books in time.
TechKnow
Quoting Techknow
Lol, that bitcoin is wreaking havoc on the account. It won't go up enough to close and won't go down enough to help. Lol. I'm still under the D-D limit, so I guess I will let it play till I have to cut it off, lol. Ive added a gold short here off the last 4 hour candle. Hopefully, anyone who followed my advice followed what I said about position sizing and price being corrective, not trend changing, so to protect it. I'll be back later to see if Bitcoin has put me out of my misery yet. Back out into the water.
This was accurate at the time clearly, Lol. The current move we have seen is the type of move that is from a trend change.
I'm not saying it is yet, but that is the evidence you want to see regarding trend changes—big wicks and whipsaws.
TechKnow
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