Hello friends,
I have gone short again from 7350, I am expecting to hit the levels marked in the chart. However, I have reduced risk as the volatility has been reduced and therefore that reduces the expected value of the trade.
I would not be surprised if we go up from here, but the trend is down and that's how I trade - I don't care about what I "think" will happen. I follow my strategy. What's yours and do you follow it? You should if you do not.
Thanks for reading,
YS
I have gone short again from 7350, I am expecting to hit the levels marked in the chart. However, I have reduced risk as the volatility has been reduced and therefore that reduces the expected value of the trade.
I would not be surprised if we go up from here, but the trend is down and that's how I trade - I don't care about what I "think" will happen. I follow my strategy. What's yours and do you follow it? You should if you do not.
Thanks for reading,
YS
Note
short from $7350, risk 3%. You can join my discord to see how I am managing an account that is up 41% in BTC for free.
Note
stop 7750Note
stop lowered 7550. Tomorrow can probably put it in profit. Risk on the trade is now only: 1.5%Note
locking in profit, stop at 7300Note
dont like the scam wick, back to sidelinesNote
shorting again on the break, 7250 stopNote
closed short
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.