Long on $CTR: 4h breakout accompanied by a large number of new futures positions.
Open interest rose 86% in 24 hours.
Entry at 0.017347.
Initial stop at 0.016047 (−7.5%). No take profit: I use a trailing stop—the stop moves up with the high, and the trade closes when the price pulls back to it. If it hasn’t been hit within 7 days, I close the trade anyway.
Many trades don’t work out, so I risk only a little on each one.
This is not financial advice. Do your own research and adjust your risk.
$CTR #trading #futures
Open interest rose 86% in 24 hours.
Entry at 0.017347.
Initial stop at 0.016047 (−7.5%). No take profit: I use a trailing stop—the stop moves up with the high, and the trade closes when the price pulls back to it. If it hasn’t been hit within 7 days, I close the trade anyway.
Many trades don’t work out, so I risk only a little on each one.
This is not financial advice. Do your own research and adjust your risk.
$CTR #trading #futures