Took a loss on $TRX short trade as the stop was hit.
The call was to short TRX at 0.3125–0.3126. Price needed to drop 0.17% to hit the first target but moved against us while BTC gained 0.89%. It's wise to check what BTC is doing before taking an alt setup in the same direction.
What happened:
- Zone 0.31251–0.31265 filled right at the post
- Max move for us 0.03%, short of the 0.17% to TP1
- Stopped at 0.31345 after ~30m
- Closed through the stop, not just a wick
- BTC over the same window: +0.89%
NFA, DYOR.
Current snapshot · Last 0.31280 · PnL -6.48 USDT · ROI -3.36%
The call was to short TRX at 0.3125–0.3126. Price needed to drop 0.17% to hit the first target but moved against us while BTC gained 0.89%. It's wise to check what BTC is doing before taking an alt setup in the same direction.
What happened:
- Zone 0.31251–0.31265 filled right at the post
- Max move for us 0.03%, short of the 0.17% to TP1
- Stopped at 0.31345 after ~30m
- Closed through the stop, not just a wick
- BTC over the same window: +0.89%
NFA, DYOR.
Current snapshot · Last 0.31280 · PnL -6.48 USDT · ROI -3.36%
