I'm shorting 80 bitcoins at 11620 with a 80 point stop loss. I'm sure there will be a big dump or pump coming soon. I'm taking a short position because I know where my stop loss if it doesn't goes in my direaction.
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I believe it will goes back to 11650 and that will be a good time to add in more short position. In this way the second order will have 20 points stop loss.
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It will pump back up to 11650 soon. A perfect time to short more!!!
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Stop loss should be at 11700
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Alway know how much you willing to lose if things goes in your predicatoin direaction.