BTCUSDT Binance Future Trade record #1 06/10/2023

BTCUSDT 1hr
BTCUSDT 1hr

 

Position : Short

Entry Price : 26503

Take Profit : 25600

Stop Loss : 26900

Expecting Support & Resistance 

Support : Around 27300

Resistance : Around 25500

Current Scenario : Overall short, expect to touch near 25500 line based on weekly chart and daily chart.

 

studying EmperorBTC masterclass and tried to adapt it to my real trading.

Although Emperor said that I should practice with paper trading before starting REAL trading, but I’d better paid for experience with small amount of dollars.

This is my problem I am realizing.

 

  1. Too optimisticMeans that I should cut loss but it is hard. I need to practice a lot for that.
  2. Too rushI am aware of that support & resistance always to be breakable, so although I calculate them but don’t trust.
    However, I see that the support and resistance usually works. So, I am stick with the S&R and build my scenario and trade based on it.

    Here I am sharing Emperor BTC tutorial and 10 rules.

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