Philakone #3 – Documenting and Review Process with Live Trades

What you’ll learn
My strategies for growing small accounts, how to document trades and review them, how to leverage, how to short
You’ll understand scalping 1-2% profits that can compound to large gains over time
You’ll understand how to document trades and review them to learn from mistakes
You’ll understand how to trade with the trend and catch bounces

Requirements
Have access to a cryptocurrency exchange account that lets you short and have funds to trade.
Have access to a computer and an account at Trading View.
Have access to an exchange that can short (Not 100% Necessary but recommended)
Familiary with RSI, MACD, Histogram on a basic level

Description
The goal is this mini course is to introduce a systematic approach to trading that can help you develop your skills further. We ask ourselves, how can we improve our trading if we don’t document and review each trade?

In this mini course #3, I go through 9 live trades, growing a small $2.3K account to $3K (30%) in a single day.

For each live trade, I:

1) Narrate my thought process

2) List the reasons entering the trade

3) Document the process during the trade

4) Go through risk to reward in detail

5) Keep a master track of trades taken

6) Review each trade at the end of each trade and 24 hours later

7) Review mistakes and successes, focusing on both strengths and weaknesses, to see where improvement can be made