Memo of Trade for Yesterday
Dear Journal:
October 10th , 2023 Trade
Trade position: SHORT /SELL
Gain: $ 446
Lessons: Bias is critical for figuring out the trade direction, understanding the market bias/sentiments can help reinforce one's position and shut out doubts. I was able to return stronger from yesterday's loss by leveraging on the market bias, even though LQTY has a strong upward sentiment, the general market sentiment supported a sell, this provided the lever for a short position on an over-bought token like $LQTY.
#90days50to5000Challenge #TradeChallenge. #Memos