15 March 2025
Time line - Global Effect USA Lawmakers to legalize Bitcoin Reserve as national asset like Gold
"First Steps A Profitable Start with BTC/USD profit Peaked at $1,024
"First Steps into Paper Trading: A Profitable Start with BTC/USD (Peaked at $1,024)"
I recently ventured into the world of paper trading on TradingView, focusing on BTC/USD, and was pleasantly surprised by my initial success—a profit of $712. This decision came after watching several YouTube influencers flaunt their incredible trading achievements, such as turning ₹10 lakh into ₹40 lakh or consistently making $100 in profits. Intrigued but skeptical, I decided to test the waters myself to see if significant gains were truly possible.
On my very first day, I closed in the green with a total profit of $587. Here’s how the trades unfolded:
Profits: $712, $990, and $16
Losses: $140, $443, and $553
One trade stood out where I saw a trailing profit peak at $1,024, but I exited when it reached $712, locking in a solid gain. My first loss occurred due to inexperience with the platform’s buying and selling mechanics, which led to an unintended trade. Despite this, the session reinforced my belief in price action strategies—they seem to work remarkably well.
Additionally, I recorded a video of this session without initially planning to share it, so please excuse the low video quality. I never anticipated it would turn out to be such a remarkable day where I'd witness over $1,000 in potential profits on day one! Still, I’m sharing the video as it captures an exciting milestone in this journey.
Moving forward, I aim to continue paper trading to refine my skills and deepen my understanding of BTC/USD and other instruments. Once I feel prepared, I plan to open accounts on platforms like Delta Exchange or CoinDCX for trading.
As for options trading, I’m sticking with my favorite platform, Dhan. It’s an excellent platform for options trading
Watch the trading view trading BTC/USD -