New month is a good time to review recent month performance
5/6 trades across BTC & ALTS for ~+9R in September follows up a solid +6.6R August. Less triggers given choppy conditions but w/quality control ✅
Only includes planned/shared here in advance, trades for reference:
1/6 Bitcoin Long 1: +3R net | +15% move (One de-risk TP on the way to main target)
2/6 LOOKS Long: +17% & rest trailed into profit for +7% (~2.1R equivalent).
First alts long in a while and glad stop was trailed based on structure continuation (would've come all the way back)
3/6 Bitcoin Long 2: Closed early for -0.15R - would've been stopped for total amount. Just wasn't a fan of the return structure & it then set up the recent long given lower sweep
4/6 CHZ short: 2/3 locked in for avg +14% with rest up another +18% (guaranteed +8% with trailed stop).
On swings I worry less about pure R (unlike scalp acc) but will note as +2R equivalent atm for comparability
5/6 Bitcoin Long 3: Still on-going just above entry atm - jury still out on this one
6/6 btc short scalp +2.1R (3R but covered initial after 1R move)
this twitter thread.