Crypto Portfolio Update (Sep 15 2018)

One should be always thankful for the Stop Losses. They did save me again this time when Bitcoin and other tokens got whacked.  I got stopped out of Bitcoin at 6400 and Bitcoin Cash at 520 as the Stop Losses triggered. (Click here for the previous update from Sep 1)

Since then, I haven’t bought back BTC or BCH though Bitcoin is now back above 6400.  As a result, only XLM is still in the portfolio and rest all is in cash.

I expect another dip this month for BTC and the other cryptos before they consolidate and move up again. I am going to basically wait for that dip to re-enter. I have no entry targets right now for BTC and BCH but when the charts give out signals, I will post my thoughts here and on Twitter / StockTwits.

Click here for the Sep 1 update

Click here for the July 29 update

Click here to learn “Trading Strategies & Risk Management”

 

About Venkat Pulakkad

Entrepreneur, management consultant, blogger & forecaster. Founder of Flourish Research Media that provides insights on markets, trading strategies & risk management. Currently an active trader with 20+ years of experience trading Forex, Stocks & Options. Areas of interest: Trend / Swing trading, Macro-tech analysis, building trading strategies, deploying Risk Management techniques, and helping / coaching traders to become successful traders. Twitter link: https://twitter.com/Flourish_Venkat      
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