I am pleased to share my latest trade : XTZ/USDT on Kucoin platform.
Money management strategy:
The designated capital for this trade is $500+(emergency fund of 500$). Here's how the funds will be allocated:
1st Order ($500 spot): Placed at the current market price 0.832$. This order aims to enter the coin during the strong accumulation(shown in the blue channel).
2nd Order ($500 emergency fund): Will be specified depending on the nature of the downtrend. This price level will adjust my entry price in case of a crisis.
The objective of this trade is to take profits at 2.00$ but can be flexible depending on market conditions.
I won't be adding any additional trading orders below these levels.
Important : I am aware that the trade can take time and that the coin can go to zero ! So I am prepared to lose 1000$ in this trade without any impact on my trading portfolio.
This is not an investment advice, I am only sharing my own portfolio ;)
Happy trading, everyone!
Money management strategy:
The designated capital for this trade is $500+(emergency fund of 500$). Here's how the funds will be allocated:
1st Order ($500 spot): Placed at the current market price 0.832$. This order aims to enter the coin during the strong accumulation(shown in the blue channel).
2nd Order ($500 emergency fund): Will be specified depending on the nature of the downtrend. This price level will adjust my entry price in case of a crisis.
The objective of this trade is to take profits at 2.00$ but can be flexible depending on market conditions.
I won't be adding any additional trading orders below these levels.
Important : I am aware that the trade can take time and that the coin can go to zero ! So I am prepared to lose 1000$ in this trade without any impact on my trading portfolio.
This is not an investment advice, I am only sharing my own portfolio ;)
Happy trading, everyone!
Note
When I share my trades with you, including the amount allocated, entry price, and objective, it takes a lot of courage. Not many traders are willing to share such details. By doing so, I am putting my credibility on the line. Therefore, I would appreciate it if you could give my post a boost. Just to clarify, I don't offer any paid services at the moment. But if my efforts are not rewarded, I may stop sharing my ideas for free !
Trade active
Hello Monstralians,Quick update about my trade.
Today I decided to sell an amount of $500 at current price ($1.742).
This decision will allow me to protect my initial capital and continue with my profits (~$546).
Happy trading ;)
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.
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.