Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Pending stop orders for a pair of BTCUSD:
Leverage: 5; Risk per trade 1-3%;
Long stop: 3834, target 3871 (close 50% of the pose), 3908 (close the rest); Short stop: 3760, target 3723 (close 50% of the pose), 3686 (close the rest);
When one of the deposits triggers from the second, we delete the limit order that is take profit (TP), and leave the second one itself - it becomes a stop loss for the activated one. Thus, there will always be only one order in operation.
Trade active
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#BTC Opened down (short is active), long is not relevant