📔 Trading Journal#crypto-swing-traders#bitcoin#ethereum#journal
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Crypto swing journal — BTC and ETH trades this week.
BTC: Entered long at $63,400 on the weekly demand zone test Monday. Held through Tuesday volatility when BTC dipped to $62,100. Wednesday's strong price action pushed it to $67,200. Took 60% off at $66,800. Moving stop to $63,000 on the remaining 40%.
ETH: Entered at $3,180 alongside the BTC long. ETH ran to $3,380 by Wednesday. Closed 70% at $3,360. Holding 30% with a $3,100 stop.
Net week so far: BTC +5.2% on 60% position closed, ETH +5.7% on 70% position. Both remaining positions in profit above stops.
Lesson: Entering correlated positions simultaneously increases risk — if the crypto market had sold off, both would have hit stops at roughly the same time. I need to stagger entries on crypto pairs more deliberately.
How do you handle correlation between BTC and ETH when trading both simultaneously?