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Eloquent
Jul 5, 2021 6:58 PM

FILUSDT ewt analysis Long

FIL Perpetual Futures ContractBinance

Description

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this thing looks pretty bullish imo, and if btc does start moving up from here, we may be able to see some handsome returns down the road.

we're in pretty risky times though, so i can't recommend taking any leverage trades or anything. spot is the way, with a decent stop loss.

i have recently learned, that it is never about the reward that we might be able to receive, but it is about managing our risk, and protecting our capital at the end of the day.

💸

Trade active

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took a little bite here,
5x long at 56.04
sl - 54.30

Trade closed manually

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exited my position at +3%

bitcoin looks spooky right now, i rather not take my chances (yet)
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