Bearish scalp trade idea ($32,333) BitcoinYes we've seen another leg to the upside but how many more do you think we see before another 30% pull back or another leg down that scares traders? My guess is not very long because this is bitcoin and we see crazy moves in both directions almost every single day. It's just a matter of managing your risk accordingly and not being over exposed/leveraged to the market.
Low volume. low size, low leverage (i use cross) and from there you'll be able to gain confidence and actually back test your strategy and be able to think logically instead of emotionally which you would've been using high leverage. high size etc.
I'll post updates to this point as things play out, yes i want wrong yesterday but my strategy has a high hit rate, will i be wrong today?
Lets find out shall we.