soul_productions
Long

Litecoin Idea 2 (Fibonacci)

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
349 views
0
Buy: 211.28
Sell: 228.18 - 8% gain
Stop: 202.83 - 4% loss
Duration: 7 days

Its going to be tight but lets see if this 2/1 ratio works.
Trade closed: stop reached: Stop reached. A tight a squeeze, should have allowed more breathing room and time.

Comments

I think you have a too tight stop loss and sell limit. 8% is only about 17$ and no one is looking so little, also 4% drop is pretty normal.
+1 Reply
Oh man! I can't believe people still trade (Buy and sell for short-term gains) coins like Bitcoin and Litecoin!! These coins are long-term investments... so you buy and hodl until December where the price usually hit all-time high and there you sell, just wanted to help out!

Good Luck !!!
Reply
Buy and hold
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out