$DASH lost its weekly VWAP and fell below the price level with the highest volume. I opened a short.
Entry at 48.92.
Initial stop at 51.64 (5.6% higher). No TP: I use a trailing stop. It moves down with the low and closes the position if the price rebounds to it; 7 days is just the maximum.
Many trades don’t work out, so I risk very little on each one.
This is not financial advice. Do your own research and adjust your risk.
$DASH #trading #futures
Entry at 48.92.
Initial stop at 51.64 (5.6% higher). No TP: I use a trailing stop. It moves down with the low and closes the position if the price rebounds to it; 7 days is just the maximum.
Many trades don’t work out, so I risk very little on each one.
This is not financial advice. Do your own research and adjust your risk.
$DASH #trading #futures