Hello,
Here is a promised summary of my trades, all of them were trend following setups. MEA stands for maximum extension (average) highest possible point in a trade.
1st trade: BNB
Open: ,0028772
Close: ,0028706
PNL: -0,46%
MEA: 7,74%
2nd trade: EOS
Open: ,0004161
Close: ,0004217
PNL: 1,14%
MEA: 15,33%
3rd trade: ETH
Open: ,02239
Close: ,021582
PNL: -3,81%
MEA: 0,46%
4th trade: XRP
Open: ,00003280
Close: ,00002982
PNL: -9,28%
MEA: 2,74%
5th trade: LTC
Open: ,009819
Close: ,009120
PNL: -7,31%
MEA: 1,74%
In total, I took -3,37% loss of total Acc amount. The graph above shows my entries (blue lines) and exits (red ones). Nowadays, all of my positions are highly correlated. Therefore I limit my risk on every trade to 1%, and I don't want to have more than 6% risk exposure to the market. As you can see on the graph, I was selling weakness (BTC dominance was decreasing) for almost 14days. However, sentiment about alt season changed, and BTC started reversing again. In 4 days, I closed all my positions, which saved me from losing additional 3,33% on average (today's BTC dominance) on every trade.
Did you take any of my trades?
Here is a promised summary of my trades, all of them were trend following setups. MEA stands for maximum extension (average) highest possible point in a trade.
1st trade: BNB
Open: ,0028772
Close: ,0028706
PNL: -0,46%
MEA: 7,74%
2nd trade: EOS
Open: ,0004161
Close: ,0004217
PNL: 1,14%
MEA: 15,33%
3rd trade: ETH
Open: ,02239
Close: ,021582
PNL: -3,81%
MEA: 0,46%
4th trade: XRP
Open: ,00003280
Close: ,00002982
PNL: -9,28%
MEA: 2,74%
5th trade: LTC
Open: ,009819
Close: ,009120
PNL: -7,31%
MEA: 1,74%
In total, I took -3,37% loss of total Acc amount. The graph above shows my entries (blue lines) and exits (red ones). Nowadays, all of my positions are highly correlated. Therefore I limit my risk on every trade to 1%, and I don't want to have more than 6% risk exposure to the market. As you can see on the graph, I was selling weakness (BTC dominance was decreasing) for almost 14days. However, sentiment about alt season changed, and BTC started reversing again. In 4 days, I closed all my positions, which saved me from losing additional 3,33% on average (today's BTC dominance) on every trade.
Did you take any of my trades?