Everything I know about trading, part 1 of 2.

Why didn't he buy back in the 5k range as the price "spiked" down from 6k to 3k? Did he guess correctly that 3k would be a new bottom rather than 5k or 4k?

Right, these are fair questions. So I will clarify, with a brief story of trade history.

I got into BTC in 2013 at $1,100... it falls to $650, I sell. I make mental note "buy before next halving", 2016. I carry this loss with me for year (small money man, loss hurt... and huge social loss, too... I am Accountant and advise buy BTC at $800+).

Next bull run, I go in. Buddy is gambler, he cashes out all assets, goes all in - I match. I take $5k and advertise BTC to community round $2,000 price point. I make community $1 Mil in 1 year.

I go long-long. I do ICO, Alts, etc... go up 500% in BTC value. I do good at asset-to-asset trades. Bear hits, I do good and move into BTC, but fear TAXES and don't go into USD - MISTAKE.

I start project, occupy myself for 6 months doing major work endeavor. Round November get back into trading - huge USD losses in meantime. Think to myself discussion + news = bad trading. Only news that matters is halving + SEC meetings, all else waste.

Think how to mathematically profit from volatility, only, without attached 'charting' or 'fundamental analysis', ONLY today's price. Decide upon method (method also solved concern of project). Then begin execution at $6.2k, believing my 'bias' overshot my price expectation.

So whereas before, I say 'bear market' until $9k (or such), now I say 'bear market' until Feb, 2019. So reason I don't buy at $5k is because I didn't sell enough at $13k.

Round August, 2019 I'll switch to full bull (very little selling, huge spreads) - but as opposed to judging bull bear vs USD on price, I will now fully rely upon Date, only the halving mattering.

So... whereas many say BTC is a buy at $3k, etc... I say have cash until Feb is over, no matter the price. Then expect random walk till August, with full bull after.

Had I done this strategy initially, I would have sold 95% at say $15k and spaced out buys to have around 50% left for the February troth - and bought at $5k. But did not sell until $6k... so, needed margins to justify time, risk, etc.

I am posting a public trade journal here. Up round 20% BTC so far (in 2 months). BTC to Alt, I did great but had major loss BTC to USD... got sold on hype - NEVER AGAIN! :P

However, it should be noted I do better than that trade journal. Unfortunately it is unwise for me to post 'orders' and instead I only post 'trades'. IRL I only do orders, which can easily be 5% better pricing in and out of assets - and execute while sleeping.

Example in journal I 'go all in' at $3,624 but IRL went all in at $3,574 - this micro differences add up to big money, over many trades, but are irrelevant for that purpose :/

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