Day Trade ...Extremely Trappy
2024 Feb 06 EST
I knew it. After kicked me out on MARA yesterday. Painful mistake.
Today's day trade on CLSK helped to mitigate the loss slightly. Bitcoin mining stocks are too volatile, but today is too slow-paced. Lacking patience for it to hit my TP, which it did hit to the dot, and not advisable to aim for big gains as market makers set up traps for Bitcoin moves every minute.
Today's day trade on CLSK helped to mitigate the loss slightly. Bitcoin mining stocks are too volatile, but today is too slow-paced. Lacking patience for it to hit my TP, which it did hit to the dot, and not advisable to aim for big gains as market makers set up traps for Bitcoin moves every minute.
It looks like mining stocks are about to reverse, but without catalyst news, it is quite dangerous to trade, though I still do. Perhaps SEC approval of Spot Bitcoin ETF Options and Spot Ethereum ETF will do the trick.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment