Double Repo Fail Pattern, I intend to convert all my ETH to NEO (Holding NEO instead).
EP : 0.13175
TP : 0.14025
SL : 0.12605
I have 100 ETH in my portfolio. I will buy at 0.13175. Then, I will receive 100/0.13175 = 759.0132827324478 NEO.
I will sell when the price is 0.14025, I will receive 759.0132827324478 * 0.14025 = 106.4516129032258 ETH.
I will gain 6.4516 ETH as a profit
If the price down to 0.12605 I will cut loss and I will have 0.12605 * 759.0132827324478 = 95.67362428842505 ETH left in my port.
I will loss 4.3263 ETH
EP : 0.13175
TP : 0.14025
SL : 0.12605
I have 100 ETH in my portfolio. I will buy at 0.13175. Then, I will receive 100/0.13175 = 759.0132827324478 NEO.
I will sell when the price is 0.14025, I will receive 759.0132827324478 * 0.14025 = 106.4516129032258 ETH.
I will gain 6.4516 ETH as a profit
If the price down to 0.12605 I will cut loss and I will have 0.12605 * 759.0132827324478 = 95.67362428842505 ETH left in my port.
I will loss 4.3263 ETH
Trade closed: stop reached