LABS Trading Challenge

Blue: Buy orders since 5/10/22
Pink: Sell Orders since 5/10/22
Green: Buy orders before 5/10/22
Purple: Sell orders after 5/10/22

Notice the wick that broke the falling channel , this is why we don’t use stop losses. Lucky for me, I keep my orders open even if the pattern changes so that I can capture those wicks. And I stagger my trades ($1-$4). I sold the 0.00155 but as you can see, I made some silly buys earlier (05 oct), so I was trying to brake even and I did, because at this stage I was bearish. I still have open orders below 0.0014 - 0.0012 but only $10. I also have open orders to 0.0016 and higher. Always 15-30 open orders. I use KuCoin so I can trade cents to the dollar.

$30 on the sideline in Buy orders. Hotspot will be 0.00138-0.001444, so I clearly expect a revisit to 0.0014

Since I started trading Labs on Spot price (29 sep), I’ve turned $50 into $80 into $70 currently at $72 waiting for a bounce.

As long as BTC is going sideways, I’m playing this coin.

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