Live Trade VLOG - $60K Trade Gone Wrong - $150 Profit Only. Learn from These Mistakes

@philakonesteemit · 2018-05-31 17:02 · bitcoin

![](https://steemitimages.com/DQmVrkKB9WsHitkHqkPomeUeagT9U313P9vDA13PtvWJzta/image.png)

My 2nd trade of the day that went south. I shorted, was in profit near my profit taking range, but didn't close my position. Price ended up going higher, was hitting my stop loss, but instead, I added 3 times more to my position size to have a $60,000 position size, to ladder and average my short. The mistakes I made were: 1) I should've stuck to my stop loss but got greedy 2) I shouldn't have laddered $20K position size to $60K instead. 3) It wasn't worth it for a $150 profit only

https://youtu.be/SIEfVqOn5S0

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#bitcoin #cryptocurrency #technical #analysis #trading
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