20/8/2017
Was a little all over the place over the last few days, lost 100 euro or so by thinking I was losing, sold out at a loss a few times, but coming around to the kind of thinking that hodling is best, trading is pure risk, and it is a simple matter of trading with a small percentage of the monthly investment. 20-30%. Weekends only, from Thursday through Sunday. With mainly watching only on Sun, all the donkey work being done up to wed night doing the coin chart assessment and predictions. I think Mon- Wed can be the test bed for where am I right with my predictions and why. So far, I am thinking new coins to the first page, that are less than 50% increase since previous day seem to be a good start, get in, then get out asap once the peak turns. This isn’t investment it is trading and as soon as the curve goes sell out. Have a back up coin or two to jump to instead of just stopping. 30% is the risk money after all. I want to double that 30 euro in one weekend. But I also don’t mind losing it to bad luck or bad timing. I do mind losing it to bad decisions and not putting intelligent stops in place!
So I lost some euros here that week, that was a costly lesson. It's funny, I don't even remember this happening. All the more reason to be keeping a log I guess. Anyway, did I stick to my plan?