Intraday trading from your phone
Intraday trading on a Friday night
🔸 Dumb and stupid move right here
🔸 You'll end up being stressed out the whole weekend and gets rewarded with a gap in the opposite direction
During weekends
🔸 Yes, crypto is opened 24/24 7/7 but do you really believe whales/funds/banks are trading during weekends?
🔸 We allow crypto trading during the weekend but, with reduced position sizing as the moves are often erratics, dangerous, fakes and based on rumors
A few hours before a major bank holiday
🔸 New Year's Eve, Christmas, Thanksgiving, ...
🔸 Any volume during bank holidays is very likely to be fake and reversed too quickly.
🔸 Erratic moves, small potential profit, huge risk. I'm out of this sh*t :)
Indices: A few minutes before or during a major announcement
🔸 Events such as FED, ECB, DOW CASH OPEN, DAX CASH OPEN, ...
🔸 Just don't. Thank you :)
🔸 Dumb move with chasing stops kind of candles
Automation
🔸 If it's dangerous for manual trading, you can bet it's 3 times riskier with 100% automated bots for any of the events mentioned above
🔸 YES, plugging a bot on crypto during the weekend is dangerous. Prove me wrong :)