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CryptoWolfsTrust
Jan 13, 2019 7:42 AM

XBTUSD trading idea for BitMEX 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Pending orders for a pair of BTCUSD:
 
Leverage: 5
Risk per trade: 1-3%
 
Long entry: 3648; Stop loss: 3584;
Target 1: 3680;
Target 2: 3712;
Short entry: 3584; Stop Loss: 3648;
Target 1: 3552;
Target 2: 3520;
After taking the first goal, we move the position to breakeven.

Trade closed: target reached

#BTC
Opened down at 3584 and made both goals. We fix the profit, close the deal in profit.
Comments
jwbatchelor89
I love your charts man! Keep up the good work.

I have a few questions if you have a second.

-Are you using stop markets in order to set your entry long/entry short?

-If so, how are you setting stops for the long/short entry at the same time?

-Also, what kind of TP are you using? The TP limit or TP market?

-Finally, I am using stop markets to set the long and short positions and I am getting quite a bit of slippage from this. Is there a way to mitigate slippage?

Thanks for your help buddy!
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