Review: 22-06-2017

Bittrex Account Value: 7.45BTC.

Poloniex Account Value: 1.08BTC.

PnL: +0.93BTC.

Note: Quite lucky with timing of review as the one I am balls deep in (FLDC) had a big recovery rally in the last hour.

Since last review bittrex account peaked at roughly 8 and bottomed at 5.

So massive, massive lesson... When a coin goes absolutely mental, I need to check if it's listed on multiple exchanges. In this case FLDC was really liquid on poloniex, so I was incorrectly trading it based off bittrex's price action (which had a flash spike). Need to bear this in my for future trading, as the price action on each exchange was vastly different.
Pretty cool that, it's takes a literal error in judgement to nearly get me to take a loss on my strategy.

Anyway was about to take the loss, but risk-reward made sense to hold on (since prices were now aligned between exchanges). Other thing was that it was literally nearing on float rotation.

Note: Didn't get a chance to withdraw 1BTC because withdrawal limits (me withdrawing to poloniex counted as withdrawal for the day).

Has been a super interesting last 24 hours. On GDAX the price of Ethereum crashed from $350 to a low of $0.12 (and obviously back again). This kinda sucks for me because I was short it at poloniex but didn't get a move of any comparable magnitude.
However, it is more interesting in the grand scheme of things. Does this shut down the party in alt coins etc??

Other funny thing about FLDC is that it is now making new highs on poloniex, so in a technical breakout. Despite me still being a little underwater (on open position - I locked in a significant amount of profit on one of bounces).

EDIT: I went through excel spreadsheet calculating my average price on FLDC, and how much profit I locked in etc. Turns out I'm actually up a reasonable amount. I locked in a lot into the push (thankfully), and I had amazing entries on the rest of it. I say amazing, amazing for the price action I was working with...



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