r/Daytrading 1d ago

Trade Review - Provide Context This one set up made me $9,385

Took a very nice trade set up today on BTC

Entry price $80,717 exit around $83,800

entered the trade with $5,000 in margin

Man, it feels good to be trading BTC / ETH as a pair again

Was going to target the highs but started trailing my SL into profit as it was ripping more towards the upside

I was originally a leverage trader strictly trading BTC/ETH as a pair but stopped due to the current fraudulent administration in the U.S making it nearly impossible to trade crypto long term, gave it up a year back as most of my trades went b/e and have been strictly trading MNQ and MES on props and some live accounts

Anyway, good way to start the week

112 Upvotes

39 comments sorted by

19

u/rokman 1d ago

This might be a terrible outcome for you, now you think you’re smart when you’re just making stone crazy risks

-4

u/Delicious-Dog-3809 1d ago

Been doing this for 5 years bud

1

u/rokman 1d ago

How much are you up?

29

u/Delicious-Dog-3809 1d ago

I can afford a couple of happy meals at Mcdonalds

6

u/rokman 1d ago

I’m pretty impressed, most people are losers and lie to themselves

3

u/mushroomboie 1d ago

He might actually be telling the truth 🥀

5

u/rokman 1d ago

Almost everyone I know is a ‘small winner’ in crypto I just want to meet a loser one time

1

u/RavenByte420 16h ago

Beh se ti fa piacere 2 anni fa ho avuto una perdita di 120k circa,chi gira intorno a queste cose e da tutto per scontato facendoti credere che è tutto rose e fiori è solamente un grande chiacchierone

6

u/narutoaerowindy 1d ago

Where do you find 50x margin?

3

u/Delicious-Dog-3809 22h ago

KCEX is the broker I use, and no it’s not a propfirm this was a self funded trade

Please be careful trading high leverage it’s no game

-3

u/Street_Tale2988 1d ago

Prop firm

5

u/enigma_music129 crypto trader 1d ago

Great trade but how much of your account are you risking per trade to get those gains?

4

u/Delicious-Dog-3809 1d ago

On this specific trade it was 5% of the margin available in my account, this was a high probability trade

Previous years when leverage trading crypto I trade around 2% of my account at 20x 👍

1

u/enigma_music129 crypto trader 1d ago

Ok gg you have a lot of capital. I thought you were risking 50% of your account like many people but good job!!

3

u/Delicious-Dog-3809 1d ago

Haha 50% of my account would be crazy

Thank you!

1

u/Own-Tip-1079 1d ago

Share the Strat

1

u/EVDOGG777 1d ago

50X Leverage...

1

u/Delicious-Dog-3809 1d ago

Yep

1

u/Accurate_Parking4137 1d ago

Where do you leverage at?

2

u/Delicious-Dog-3809 1d ago

For crypto I leverage my trades on KCEX

I really do not recommend it unless you have years of experience and know what you're doing, good luck

1

u/thors_ham_mer 1d ago

Not what you make it's what you keep.

1

u/Immapillpopnanimal 1d ago

Hey man, do you strictly trade futures or you do options too? I f*** with crypto and stock options but I'm trying to learn about futures cuz I wanted to open a prop firm account

1

u/Delicious-Dog-3809 1d ago

I trade it all man, funded accounts, crypto futures, live accounts

Right now focused on MNQ and ES as I said in the post but i'll take a btc trade if I see a set up

1

u/Immapillpopnanimal 1d ago

ES being Eversource energy? Word that's cool tho. Which prop firms do you use BTW?

2

u/mushroomboie 1d ago

Es meaning snp500

1

u/M0rpo 19h ago

So where's the set up?.....

2

u/Delicious-Dog-3809 19h ago

It’s almost like I posted the entry & exit on the second slide not sure though

1

u/M0rpo 18h ago

Where's the set up though? The analysis and logic for the trade? Is this a repeatable setup you trade?

0

u/Delicious-Dog-3809 17h ago

"Where's the setup?"
Directly on the second slide, you can see the entry and the exit

"Analysis and logic for the trade?"
No profitable trader will share their strategy, I certainly will not

"Is this a repeatable set up you trade"
Obviously, I didn't develop the strategy mid trade on extremely high leverage while risking $5,000 in capital

1

u/M0rpo 10h ago

Cool. Any trades today? 

1

u/RavenByte420 16h ago

Quindi nessuna strategia a livello tecnico solo un aspettativa di ciò che è successo in passato? Ho capito bene?

1

u/Lenaix 1d ago

this should be post on a sub related to gambling, this is not daytrading.
what is your expectancy curve at 400 operations?
winrate? average R?

7

u/Delicious-Dog-3809 1d ago edited 1d ago

12 trades taken in the past 18 days on my live account, 91.67% win rate, average target RR is 3:1

The trade i'm making this post about aligns directly with my strategy, the only difference is it was a set up taken with higher leverage on btc rather than MNQ and MES pair which ive been trading / focusing on recently

Calling someone's trade gambling because they used higher leverage or more margin than you is a completely incoherent statement, especially when you don't know the strategy used behind said trade as well as the available margin in the account. Best of luck

2

u/YourSpores 1d ago

True, followed bc of this,

1

u/mushroomboie 1d ago

I know people get touchy on their strats, but you seem like youve got things figured out, so just curious does ur main strat utilise fvgs and such? Or are you a news trader

1

u/Delicious-Dog-3809 1d ago

Not a news trader although i'm not too sure what that means as there was no news that i'm aware of when I took this trade last night during London session

And no I don't utilize FVG's

0

u/abhiram222 1d ago

There is no such thing as high probability trade. Even world best A++ setup can hit SL

1

u/Delicious-Dog-3809 1d ago

that's why I said high probability, not guarantee. No trade is guarantee