*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Bitcoin Mining Company $BTCM today at $1.78 per share. Our first take profit is $2.40. We also have a stop less set at $1.60
This company is a standout from other Bitcoin mining companies. It doesn't exactly trade the same as the others due to China relations, but with investors now eyeing investments overseas this could become a goldmine soon.
OUR ENTRY: $1.78
FIRST TAKE PROFIT: $2.40
STOP LOSS: $1.60
If you want to see more, please like and follow us @SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Bitcoin Mining Company $BTCM today at $1.78 per share. Our first take profit is $2.40. We also have a stop less set at $1.60
This company is a standout from other Bitcoin mining companies. It doesn't exactly trade the same as the others due to China relations, but with investors now eyeing investments overseas this could become a goldmine soon.
OUR ENTRY: $1.78
FIRST TAKE PROFIT: $2.40
STOP LOSS: $1.60
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Trade closed manually:
Closing out at $2.05
Comment:
We have closed out of this trade on trading view for a quick 15%, but for disclosure we must clarify that some members (risk-takers lol) on our team have chosen to hold onto this position.
Trade active
Comment:
We got out yesterday because we figured the market would dip today. We secured a %15 gain, but now we are entering again at $2 and resuming our initial plan which was to take profit at $2.40.
Stop loss is set at $1.75
Stop loss is set at $1.75
Trade closed manually:
We closed this trade today at $2.32 for a 16% gain. This brings our total gain to 31% for $BTCM. We didn't hit $2.40 today but we touched $2.38 which is around where we suspect there to be resistance.
Trade active:
Entered again at $1.18. This is a very high-risk trade, and we are relying on a large market bounce tomorrow morning. If we get this bounce, then we will exit $CRK $BTCM and $EQX. In this scenario the market will sell-off hard once the fed meeting starts.
Automatic stop loss: $1
Automatic stop loss: $1
Trade closed manually:
Exiting at $1.23
