As I shared in my previous trading summary post, I wanted to leverage the Bitcoin ETF hype and focus all my trading energy on RIOT Platforms. So I did.
Here are the results:
Realised P&L was $7,174.02. After deducting fees and holding costs, net profit was $6,373.19.
With the exception of 1 trade on Meta, all other trades were executed on RIOT Platforms.
I was doing really well, until the final trading day of 2023. I had debated putting in a trade, wary of sudden volatility. Ultimately, I went in, and all the crypto related stocks on the day tanked.
Nevertheless, I’ve decided to hold on the trade, as I believe the Bitcoin ETF will be approved any day now, and once that happens, the price of Bitcoin will jump, and so will the corresponding Bitcoin related equities. Let’s see how this plays out in the next few days.
End of month balance: $15,368.
December 2023 Trading Summary
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