Day 5 - Sharing all my trades
Daily Realized Gain/Loss: +5.04% BTC / +5.85% USD Performance since inception (4/6/17): +67.65% BTC / +178.55% USD Current BTC equivalent balance: 6.713124
Strategy Profitability: Wins Rate = 49.35% / Loss Rate = 50.65% Average Win = +37.55% / Avg Loss = -20.92 %
Today's Purchases: Expanse, VeriCoin, Bitcrystals, Riecoin, Viacoin, HunterCoin, Steem Dollars, Counterparty Today's Sells: BitShares, Einsteinium
Summary: Trading strategies work in some markets and not others. At times in the past I’ve had multiple strategies running at once that worked in different market conditions. It was like I was hedging one strategy with another.
Since the cryptocurrency market has been frothy longer than this strategy has been active, I’m not sure how it will perform when the market become more bearish. It’s not a long/short strategy so I predict (hope) my screener won’t return results once we’re in a market downturn. Only time will tell.
See my trades and live performance here: http://ift.tt/2rnzkMt and http://ift.tt/2rC1aEX (Better trade detail presentation coming soon).
Read my Day 1 journal for insight why I’m posting my daily journal and more insight into how I make trades. http://ift.tt/2pHiuLB
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