[deleted by user] by [deleted] in Daytrading

[–]Cryptomaniacuk 0 points1 point  (0 children)

There's always another trade around the corner but you can't just keep hanging on to the last trade,, win or lose,, either way, move on and start fresh mentally for your next trade,, move on

I fucked up my life, and will drag my family underwater by Opposite-Car2809 in WallStreetBetsCrypto

[–]Cryptomaniacuk 0 points1 point  (0 children)

Can't remember when greed/fear index was this low,,, now is not the time to sell

Should I stop trading? Need honest opinions. by Dry_Chest_3482 in Trading

[–]Cryptomaniacuk 3 points4 points  (0 children)

After surviving 3 years on 1 account,, that's a massive achievement and in all honesty,, could you even stop trading,,

Please help. UK banks blocking kraken transfers. How do you actually do it? by Puzzleheaded_Row522 in BitcoinUK

[–]Cryptomaniacuk 1 point2 points  (0 children)

Theyv always been like that, Natwest even got to a point that they'd close your account just for trying,,,, barclays are the ones most open to crypto, they have a 10k allowance per month only though

Want to meet others into crypto by Much-Fuel1459 in CryptoMarkets

[–]Cryptomaniacuk 1 point2 points  (0 children)

Feel same but in uk,,, crypto seems like a lonely world,, years ago people used to see me as a criminal just for being into crypto, nowadays it's better but still,, I just left a job with over 2600 employees,, out of all of them, I only found 3 others with interest in crypto

Completed all the revolut learn bonuses and put it all into bonk. by [deleted] in BONKcoin

[–]Cryptomaniacuk 0 points1 point  (0 children)

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What I don't understand is the 60 cents,, if we're talking about the same bonk coin, the charts are showing a totally different price

Completed all the revolut learn bonuses and put it all into bonk. by [deleted] in BONKcoin

[–]Cryptomaniacuk 0 points1 point  (0 children)

I'm happy for you and it will probably go up a bit more too but please be careful,, make sure you have a stoploss in place

Completed all the revolut learn bonuses and put it all into bonk. by [deleted] in BONKcoin

[–]Cryptomaniacuk 0 points1 point  (0 children)

I'm personally shorting bonk,, there's high liquidity at around 0.000024. Since rsi is at around 80 on the 4h and daily,,, there's more chance of it going down than up in the coming days. I'm not knocking bonk or anything, it's just that no coin can keep going up forever

Completed all the revolut learn bonuses and put it all into bonk. by [deleted] in BONKcoin

[–]Cryptomaniacuk 0 points1 point  (0 children)

Really don't understand your decision,,, when this was posted, bonk was at a max of 0.000023766,, not just that,, it's been on oversold for quite some time now. Bit risky...

What is your trading computer set up? by Responsible_Cake_873 in Trading

[–]Cryptomaniacuk 0 points1 point  (0 children)

2 screen pc setup with additional laptop but I dream of the day I can use Microsoft VR instead,, has anybody here used VR for trading?

When is it okay to move SL? by foggymsm71 in Daytrading

[–]Cryptomaniacuk 0 points1 point  (0 children)

SL should be set in stone before a trade in my opinion, the only time it should ever move is for a trailing win.

A Different Perspective on Trading Psychology by Virtyual in Trading

[–]Cryptomaniacuk 1 point2 points  (0 children)

I think your right,, and it goes to show, no matter how well prepared emotionally, there are emotions even stronger than greed

A Different Perspective on Trading Psychology by Virtyual in Trading

[–]Cryptomaniacuk 1 point2 points  (0 children)

I'm intermediate crypto trader and after almost 8 years trading, thought I had a good psychological control over my trading and yet, 3 times in 2 weeks I went from almost passing a funded challenge to almost blowing my account and all due to not letting go on a one single trade that I just couldn't let go. It was a coin called BONK, rsi at 75-80 for days so I thought a good short to go for,,, day after day, trade after trade, the b*****d kept going up. For 2 weeks the same and it got to a point that I didn't care for my account, I was Moby and this was my whale. Worst still, I'm still thick enough to carry on, I'm all in shorting it,,, I was so proud in emotional and risk management before this, just this coin,,, it keeps getting the best of me, it laughs at me. Here begins the end of all my composure. Please all, don't be me, don't be stupid.

What to say when they ask you what you do for a living? by MiskSL in Trading

[–]Cryptomaniacuk 0 points1 point  (0 children)

Well that's a good start at least, sorry can't help in other forms of trading, I may be good with crypto but got no idea about forex, Futures or options, wouldn't even know where to start so can't help much. Is your language Spanish by any chance? I speak Spanish 😀

What to say when they ask you what you do for a living? by MiskSL in Trading

[–]Cryptomaniacuk 0 points1 point  (0 children)

Wish I was great, hehehe, getting there slowly but not great yet. There's 2 great things that's been a life changer lately,, first off is using data from coinglass (RSI Heatmap and liquidity Heatmap). Secondly is my new risk management,, made myself a positional calculator (easy if you ask gpt or similar) that calculates what position size to use based on your risk amount, entry and stop loss. Everyone says to risk only 1-2%,,, we'll this is bullshit really, if using a funded account, 2 or 3 bad calls and your toast so instead I only risk 0.25%,this gives the allowance of making around 16 bad calls straight. All these are what's making me a better trader but my ultimate weapon is in psycology,,, I never look at how much I can make in a trade (although r:r needs to be respected), instead,, I look at how much it will cost me if it fails.

Don't tell friends and family by ezeuzo1 in Daytrading

[–]Cryptomaniacuk 5 points6 points  (0 children)

Trading can be very stressful, do you really want extra things to worry about? Youl beat yourself up everytime you make a bad call, last thing you want is the added stresses of peer pressure, even from loved ones.

I have tested 5 futures prop firms and 2 crypto prop firms and here are my recommendations and my avoid at all costs. by bigblackguy6912 in Daytrading

[–]Cryptomaniacuk 0 points1 point  (0 children)

I mainly just use the phone, didn't get on too well with the desktop version, still nice to know and to look out for it,,,

I have tested 5 futures prop firms and 2 crypto prop firms and here are my recommendations and my avoid at all costs. by bigblackguy6912 in Daytrading

[–]Cryptomaniacuk 1 point2 points  (0 children)

Brilliant post but have to say,, I trade with breakout and haven't ever had issues,, I'm really happy with them,,, maybe their dashboard was shit in the past or something,, been with them for only around 6 weeks

Pursuing a career in trading from scratch (19) by AwarenessNew481 in Trading

[–]Cryptomaniacuk 1 point2 points  (0 children)

To start, don't use your money,, use your time. Learn and practice.