alanmasters
Long

Litecoin Leveraged Trade -BitMEX [LTCH19][LONG][10X][80.89% ROE]

BITMEX:LTCH19   None
Trade: LONG LTCH19

Buy in: 0.00849 - 0.00857

Leverage: 10X

Time Frame: 4H

Targets:

(1) 0.00880
(2) 0.00890
(3) 0.00922

Stop loss: Close 4H candle below 0.00831.

Capital allocation: <8%.

Profits Potential: 80.89% ROE

As promised... Low risk vs high reward.

Enjoy the trade.

Namaste.
Jan 19
Comment: Targets:

(1) 0.00880 -Reached
(2) 0.00890 -Next target.
(3) 0.00922
Jan 22
Comment: This trade remains active, in profits, and we are aiming for our next target.
Jan 23
Comment: Targets:

(1) 0.00880 -Reached
(2) 0.00890 -Reached @0.00889
(3) 0.00922 -Next target.
Jan 24
Comment: We are now aiming for our third target and looking positive.

Make sure to secure profits.

Namaste.
Jan 26
Trade closed: target reached: Targets:

(1) 0.00880 -Reached
(2) 0.00890 -Reached @0.00889
(3) 0.00922 -Reached @0.00920

We consider all last target reached.

ALL TARGETS REACHED.

Enjoy the profits.

Please follow me on my new LTCH19 trade for additional profits and always hit LIKE if you want more... THANKS IN ADVANCE FOR THE SUPPORT.

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did you get stopped out on the January 22 wick?
Reply
@joan23us, No, we trade based on candle close rather than hit.

If you use your stop loss based on hitting the price, you would lose money really often with good trades. This trade here is a great example.

You can see that the price felt and quickly jumped back up, not closing below our stop loss. (This is something I expect to happen and thus my manual stop loss).

For this stop loss to activate, a close below the mentioned level must happen.

Here you can find more information on how I use my stop loss (feel free to post again or message me if you have any questions):


MANUAL STOP LOSS




Namaste.
Reply
very good setup
+1 Reply
@LijiLe, Thanks a lot.
Reply
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