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My day started as usual in the evening and just like every normal day I searched my mobile under my pillow and it was right where I left before sleeping.
I turned my mobile on and started clearing notifications. Perks of being introvert is you don't really have much notifications to clear so I only get notified of discord messages, typical SIM company messages etc.
But today there was an additional notification from binance.
At first I thought it's something like market update BTC or ETH, BNB price but actually it was to tell me "I Got Liquidated".
Yea, Future is really scary thing and I will share my story of the blind future trading journey.
Y'all heard about Blind date before but let me introduce you something new. I call it "Blind Trades".
I'm the daredevil so my senses tell me when to take trade and when I do they (binance) beat me like I'm daredevil for real.
But I ain't giving up or crying, trust me just like Mathew aka daredevil Get beaten up badly by king pin or other mafias and still the next day repeating the same thing.
Oh Daredevil sir, Got no chill. It is my second time getting liquidated in futures.
And I bet more are coming in the near future if I keep making blind trades.
What is blind trades?
In simple language from blind trades I meant Trading without doing any kind of technical analysis, not reading any charts, not even checking support or resistance, not doing any fundamental analysis etc.
For me I believe this technical analysis makes no sense except support or resistance part that's it
But in my trade I didn't bothered to check it. Was just Sunday night and been observing market start pumping when the new week is about to start but not really worked this time.
Yea, in my opinion (for me) it is literally the safest pair to trade in future even setting leverages at 50x.
The reason why I'm so confident is BCH being oversold and it's very clear to long and manage stop loses easily and easier as compared to other coins.
My understanding says when it's close to Two digits in worse case scenario I will Long it to two digits to $130 or above.
And when it reaches to $130- $140 I will open my shorts. It is what exactly happening if you keep an eye on it for a day or more.
I don't know if that makes sense in your perspective but for me I'm Gonna try over and over again.
It's just my opinion I ain't suggesting to start trading BCH in future.
What is safe and Good for me might not for you or other. Even though I Got liquidated in my second attempt
First time I managed to make a little profit from BCH in future and that's what eaten up in another trade
So nothing to worry about as It was a trade using "$11" only, I ain't losing a penny Gonna recover it in next future trade which I'm probably going to take once get confirmation from market.
I hope it was not scary at all or you had fun reading it. Well, let me know if you have ever tried future trading.
Why am I asking? To confirm one thing I've learnt or realized is
Doing trade in future really boost your confidence in trading and exactly what I needed in this trading side.
I do lack confidence but now I'm getting mature or confident enough but obviously not in just two trades. I need to wait a little more and sooner or later I will become Billionaire standing next to CZ.
For now need to end here, I have some more things to say but you know I'm traveling and typing this while on my way.
I had a pretty bad day yesterday and also we lost the match but from bad day I meant "not able to be productive" in any platform.
See ya next time, till then take care and have fun trading BCH.