Good IOTA setup!

Nov 24, 2017

Buy moments are when it breaks the little triangle.

Or at the green support line of the triangle.

Nov 25, 2017

Trade closed: target reached

Trade is active! Our limit order on the green support line is filled.

A little lesson. It's all about moneymanagement guys! I never risk more than 3% of my whole stack. So before I trade I think what should be the stop-loss price.

My stop-loss is 0.68 dollar, so when I buy on the breakout line at 0.78 usd.
0,68/0,78-1= +-13% -> I only want to risk 3%. So the percentage of my stack I will use is just +-23% of my stack.

But I did buy 0,72 usd, so the risk is smaller because my stop-loss is still at 0,68 dollar. This time I could risk 54%!

What I did want to learn you guys is two things.
- Be patience, wait for the right moment to buy. It's better to buy at the support, when it's well devined, because it's less risky.
- Always use risk management so you don't come in unpleasent situations. 3% Risk is nothing to get emotional about.

Nov 25, 2017

Trade active

My bad trade is just opened en active not closed! :)

Nov 25, 2017

Note

We did broke out the resistance! Let's see how fast we reach first target :)

Nov 27, 2017

Trade closed: target reached