Something to gamble on if you want. How much lower can the thing go right. Stop is .35
Note
could go back to .20 range, if it does re enter thereNote
.43 entry 1/4th intended positionNote
add 1/4th. $.37Note
Holding off on the add. If it tanks further, I'm going to use the last 1/2 as a bump trade and get outNote
Add 1/4 .30Note
Selling .28. 21%Note
Lost 21%Note
good sell. shitty loss, but good save nonetheless. The mistake here was that you were playing a sympathy mover off the bitcoin mini run when the sympathy mover didn't actually make any measurable moves during the mini run.......You justified the buy with the previous support level that occurred when you first made this post. The problem with that reasoning is that the whole market is trending down, so the odds sway more towards the support level getting breached, especially considering the extent of the sell off. The biggest problem though, again, is that ripple barely moved relative to bitcoin.Trade closed: stop reached
I knew .25 was probably going to be a nice bump out. I didn't like the add at .30 and knew I probably should have waitedDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.