Hi all so i started the free trial and began to trade using token metrics platform as a research tool. I am generally more of a long term investor and have a separate HODL bag on ledger but I wanted to try swing trading using token metrics.
These are my results below.
What I have learnt:
- Every trade I entered I could have made a profit , so I will continue to use token metrics as a tool to help pick an entry point.
- I need to have a better plan of when I want to sell and to have some patience if it dips before a run when the TA still looks good. I got stopped out a lot through fear of losing more than 5% only to then miss the up move. Equally I missed moves that went up 10% because I didn’t set take profit’s (or my take profit didn’t fill ).
Disclaimer, since I have some positions open at the moment my actual P/L isn’t 59% it’s lower if I was to sell off my current open positions.
I know you cannot hit the max possible P/L that’s unrealistic but I was curious to see it as a reference point.
Any thoughts and comments.
Clearly I should have just held DOT.
Should have sold some OMG and held rest for moonshot to >$9