Let's talk more about #SRM and #ETH trades as it has good lessons.
We started these two trades when BTC was above 63K, and suddenly Bitcoin dumped $ 3,000. We even went up to 80% loss in each. But we reduced the stop loss twice and used the Martingale strategy. And finally, with 77% profit in total, we exited from these trades
But why did we do that? Because we were sure of something.
1- Bitcoin dominance was falling and this caused Alts to survive, otherwise it would have caused a lot of losses in the first moments.
2- We knew that the main reason for this dump was the high funding rates, and when it cools off the market returns, you saw that as soon as this happened, it did.
3- We were entirely sure of the support for these coins.
So sometimes, do not be afraid even if you saw 80% loss in front of your trade because of an unexpected event (if you have analyzed it properly), try to check the situation and choose the best strategy to reduce this loss.
Remember, when the market is not going according to your wishes and analysis, do not act emotionally and focus on getting out of the trade with the least possible loss.
Loss is a part of trading, but it must be managed
Always trade wisely... Stay safe brothers.
We started these two trades when BTC was above 63K, and suddenly Bitcoin dumped $ 3,000. We even went up to 80% loss in each. But we reduced the stop loss twice and used the Martingale strategy. And finally, with 77% profit in total, we exited from these trades
But why did we do that? Because we were sure of something.
1- Bitcoin dominance was falling and this caused Alts to survive, otherwise it would have caused a lot of losses in the first moments.
2- We knew that the main reason for this dump was the high funding rates, and when it cools off the market returns, you saw that as soon as this happened, it did.
3- We were entirely sure of the support for these coins.
So sometimes, do not be afraid even if you saw 80% loss in front of your trade because of an unexpected event (if you have analyzed it properly), try to check the situation and choose the best strategy to reduce this loss.
Remember, when the market is not going according to your wishes and analysis, do not act emotionally and focus on getting out of the trade with the least possible loss.
Loss is a part of trading, but it must be managed
Always trade wisely... Stay safe brothers.
#SRM/USDT
Entry Above: 2.538
Leverage: Cross 12x
Target Prices:
2.563 - 2.5690 - 2.5950 - 2.6550
Stop Loss 2.37
By: @signalforall
Entry Above: 2.538
Leverage: Cross 12x
Target Prices:
2.563 - 2.5690 - 2.5950 - 2.6550
Stop Loss 2.37
By: @signalforall
Forwarded from Indicator Signals Private - Signal For All
ByBit USDT, Binance Futures
#SRM/USDT Take-Profit target 1 β
Profit: 7.1006% π
Period: 41 Minutes β°
#SRM/USDT Take-Profit target 1 β
Profit: 7.1006% π
Period: 41 Minutes β°
SIGNAL FOR ALL (SFA)
#SRM/USDT Entry Above: 2.538 Leverage: Cross 12x Target Prices: 2.563 - 2.5690 - 2.5950 - 2.6550 Stop Loss 2.37 By: @signalforall
ByBit USDT, Binance Futures
#SRM/USDT Take-Profit target 1 β
Profit: 12.5296% π
Period: 15 Hours 46 Minutes β°
#SRM/USDT Take-Profit target 1 β
Profit: 12.5296% π
Period: 15 Hours 46 Minutes β°
SIGNAL FOR ALL (SFA)
#SRM/USDT Entry Above: 2.538 Leverage: Cross 12x Target Prices: 2.563 - 2.5690 - 2.5950 - 2.6550 Stop Loss 2.37 By: @signalforall
ByBit USDT, Binance Futures
#SRM/USDT Take-Profit target 2 β
Profit: 13.2388% π
Period: 16 Hours 35 Minutes β°
#SRM/USDT Take-Profit target 2 β
Profit: 13.2388% π
Period: 16 Hours 35 Minutes β°
SIGNAL FOR ALL (SFA)
#SRM/USDT Entry Above: 2.538 Leverage: Cross 12x Target Prices: 2.563 - 2.5690 - 2.5950 - 2.6550 Stop Loss 2.37 By: @signalforall
ByBit USDT, Binance Futures
#SRM/USDT Closed at stoploss after reaching take profit β
#SRM/USDT Closed at stoploss after reaching take profit β
#SRM/USDT
Long
Entry Point: 2.36 - 2.448
Leverage: Cross 13x
Target Prices: 2.485 - 2.520 - 2.58 - 2.64
StopLoss : 2.25
By: @signalforall
Long
Entry Point: 2.36 - 2.448
Leverage: Cross 13x
Target Prices: 2.485 - 2.520 - 2.58 - 2.64
StopLoss : 2.25
By: @signalforall
SIGNAL FOR ALL (SFA)
#SRM/USDT Long Entry Point: 2.36 - 2.448 Leverage: Cross 13x Target Prices: 2.485 - 2.520 - 2.58 - 2.64 StopLoss : 2.25 By: @signalforall
Binance Futures, ByBit USDT
#SRM/USDT Take-Profit target 1 β
Profit: 19.6487% π
Period: 6 Hours 25 Minutes β°
#SRM/USDT Take-Profit target 1 β
Profit: 19.6487% π
Period: 6 Hours 25 Minutes β°
SIGNAL FOR ALL (SFA)
#SRM/USDT Long Entry Point: 2.36 - 2.448 Leverage: Cross 13x Target Prices: 2.485 - 2.520 - 2.58 - 2.64 StopLoss : 2.25 By: @signalforall
Binance Futures, ByBit USDT
#SRM/USDT Take-Profit target 2 β
Profit: 28.942% π
Period: 7 Hours 24 Minutes β°
#SRM/USDT Take-Profit target 2 β
Profit: 28.942% π
Period: 7 Hours 24 Minutes β°
SIGNAL FOR ALL (SFA)
#SRM/USDT Long Entry Point: 2.36 - 2.448 Leverage: Cross 13x Target Prices: 2.485 - 2.520 - 2.58 - 2.64 StopLoss : 2.25 By: @signalforall
ByBit USDT, Binance Futures
#SRM/USDT Closed at stoploss after reaching take profit β
#SRM/USDT Closed at stoploss after reaching take profit β
Buy/Long - #SRM/USDT
Entry above:1.054
Leverage: Cross 16x
Target Prices:
1.063
1.073
1.135
Stoploss: 0.99
By: @signalforall
Entry above:1.054
Leverage: Cross 16x
Target Prices:
1.063
1.073
1.135
Stoploss: 0.99
By: @signalforall
#SRM/USDT
Long
Entry Point: 0.805 - 0.827
Leverage: Cross 20x
Target Prices:
0.837
0.849
0.860
0.889
Stoploss: 0.77
By: @signalforall
Long
Entry Point: 0.805 - 0.827
Leverage: Cross 20x
Target Prices:
0.837
0.849
0.860
0.889
Stoploss: 0.77
By: @signalforall
SIGNAL FOR ALL (SFA)
ByBit USDT, Binance Futures #SRM/USDT Stoploss β Loss: 112.7451% π
#SRM was already in profit and the trades were closed