nemercry
Long

entry at 256 and long to 261

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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long to 261, entry at 256
and put a stop where? looks like a bad risk/reward ratio...
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nemercry JeroenHouttuin
Stoploss would be at 254.5.

But still: I assume you are right. It would be better to wait for a pullback into the 246 or 240 Region with and set a Stoploss 2-3 $ lower.
I just dont think thats gonna happen before 261.

What would you do ? ( Iam still a beginner, and would be happy to hear inputs.)
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Tdot nemercry
Sometimes, the best thing to do is not to take any positions. You don't have to do anything, waiting is perfectly fine. :)
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Second that. Both long and short trades come with a risk higher than I'm willing to take right now. I think I'll enjoy the weekend and see again on Monday :)
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