Day Trade Duration 2 hours
The damn Bitcoin blockchain stocks are extremely hard to day trade in terms of precision entry. Highly manipulated to the core. You can only invest for the long term and not trade it.
Market makers / institutions / pest-vultures are doing their best to wash retail investors off with psychological moves.
Now, should I keep/invest knowing the extreme volatility day to day or trade it/cash-out and miss the long-term big moves up when Bitcoin hit 100k?
Bitcoin is going to enter 50k very soon.
CLSK need to close above 14.1 for it to go to 14.90 immediate first TP and then 15.90 the 2nd TP.
Post Market:
The peril of not taking INTRADAY profits is testing me to the limit....DRAWDOWN of intraday profits by 46% towards market closing hour is expected from profit takings by retails. Did not sell to strength as I think the first momentum burst cannot be one day only not especially it has surged over 37% from yesterday closed and yesterday was over 13% surge and especially mining stocks.
#precisiontrading #markettiming
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