chris333
Short

Go Short ETHUSDT at a Break Below Pivot Point

POLONIEX:ETHUSDT   Ethereum / Tether USD
Action to Take: Go Short, enter sell at 17798 stop
Take Profit Level: TP1 160889, TP2 14620 Stop Loss Level: 192.648
Additional Factors:
Timeframe: ~ 24 hours
Total Risk of Account Equity: 2% or less
Thank you for your post. Is it not likely to go up from 178? why do you think so? Could you please share if you have any reasons?
Reply
@HondaJr, It may very well go up - I only play probabilities and I see a short based on a break below the Pivot Point which is key support. If I am wrong, I have a stop loss to exit and move on to the next trade with good risk reward.
Reply
HondaJr chris333
@chris333, Ok,thank you for your reply!It seems to be going up.
Reply
@HondaJr, Yes, this is one of those that bites me on both ends:). The key lesson here is to trade your system and not to worry about any single trade. Losses happen, keeping them manageable is the point.
Reply
HondaJr chris333
@chris333, Thank you for your telling me that. I missed the boat. I am thinking that I wish I could buy some. Very hard to manage my emotions.
Reply
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