Status of the Trading Competition

To not tamper with the posts about my trading decisions, I decided to keep a separate post where I track my progress. Whenever something worth mentioning changes, I’ll update this post, mainly to keep track of the portfolio.

Additionally, I will add links to the archived posts on archive.is.

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Bitcoin - credits go to www.photosforclass.com

Trading Challenge: Starting With 0.1 BTC

Long time I haven’t written, here! But now that the evil of 2018 is slowly starting to fade away and the crypto markets look a bit healthier, I thought it’s time. So, here we go.

Today, I was scrolling Crypto Twitter, again, and when reading predictions from the usual crypto wizards spending time doing pseudo science, I had an idea: I will start a trading competition soon™, and I will use no technical analysis, no lines, no clouds and no other fancy stuff. Just enter and exit a position when it makes sense. Why am I doing this? Simple: to prove that technical analysis is in no way needed to be profitable in trading. And I even want to go one step further: I want to show that it’s actually a distraction which prevents you from focussing on what’s important: trading.

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