UPDATE: Result of all the challenges I did before the last one: $200 000 profit + $210 000 profit (47 days of bear market) and lastly -$145 000= +$265 000
Now trading a new account with starting balance: $35 000 Dec 4th
I am looking for entries where I see a confluence of 3-4 items including being with the trend, zone lines, sup/res, trend lines and fib retracement.
I trade mostly cryptos these days and I do it every day of the week because I can. After all, the Crypto market never closes!
Important message for anyone new to trading:
Trading is hard. No, trading is VERY hard. 95% of traders lose money. Risk management is key. Do not risk more than 1 to 2% of your trading account on each trade. Never trade with money that you cant afford to lose because you will most likely do just that. Copying my trading will get you nowhere. Get inspired by what I do, learn and then apply by executing your own trades after doing your own technical analysis.
The exchange I trade at: http://bit.ly/2MAy47W
You would like to send a donation?
ETH or BSC: 0x939DAC59BCCa958745D090E529A8AE9481a14F5D
FAQ:
-Where are you from and how old are you?
I live and trade in a small city north of Montreal, Canada and I'm 46.
-How long have you been trading for?
I've been trading for 10+ years, mostly Forex.
-Do you use a stop loss?
With Forex I always did but with crypto very often I don't . I know where I want to get out and I will exit from losing trades at a certain point but because the liquidity is often thin in crypto I don't want to trigger a SL that will be filled badly. (update: I will now use them but will try to trade only pairs with lots of liquidity)
-Do you provide trading education for people that would want to follow your path?
Most of what I do can be analyzed and replicated by watching the stream. I would recommend that you watch vids from these 2 channels that have been an inspiration for me in creating my trading method:
Conquer Trading & Investing - Wicks don't lie
-How long do you usually keep your trades open?
I am a swing trader. Trades are mostly closed between 1 to 5 days from opening.
-What will you do when you get to $1 000 000?
I will start a new challenge and continue to stream it.
-What is happening with the TARGET HIT! project?
We are currently building a website where you'll be able to watch all of Ricks individual charts and much more. The TGH token will be relaunched at the same time so stay tuned!
