This has been one of the more volatile name in blockchain and I missed out on last run ( though was long HUT earlier on as a day trade turned swing which om still in and is also worth looking at still btw)
I like the price action today on BTBT and have taken a small position . The percent risk on stop is very high seeing as how I average 3-5% on most of my plays, so I have especially sized this one
based on the dollar risk instead to respect risk.
I think sizing this way helps to respect risk and is particularly important for this one ...
Entry at 12.14 with stop vs 10.15
* NOTE : though price action is A+ today's volume is a D , would like to see volume come in before close to validate move today , ideally .
Also, as per usual, will pay myself some profits at 2R if the trade is a success and attempt to follow up the rest
I like the price action today on BTBT and have taken a small position . The percent risk on stop is very high seeing as how I average 3-5% on most of my plays, so I have especially sized this one
based on the dollar risk instead to respect risk.
I think sizing this way helps to respect risk and is particularly important for this one ...
Entry at 12.14 with stop vs 10.15
* NOTE : though price action is A+ today's volume is a D , would like to see volume come in before close to validate move today , ideally .
Also, as per usual, will pay myself some profits at 2R if the trade is a success and attempt to follow up the rest
Trade closed manually:
BTBT, looking weak and not really seeing those volumes volumes come in from the buyers , just exited at cost ...break even trade
艾力克~