My $CAP Long call got stopped out at 0.08929.
Price only reached 0.64% from entry while TP1 needed 2.71%, and the move was specific to CAP rather than the wider market. The stop closed at 0.08929, a 4.51% loss, without closing beyond the level. One takeaway: when the best move stays far short of what TP1 requires, size the position so a stop at the planned level costs little.
What happened:
- Entry zone 0.09316–0.09386 filled right at the post
- Best move in our favour: 0.64% (TP1 needed 2.71%)
- SL 0.08929 hit ~45m after entry
- SL taken by a wick, the candle closed back inside
- BTC over the same window: +0.49%
NFA · DYOR
Price only reached 0.64% from entry while TP1 needed 2.71%, and the move was specific to CAP rather than the wider market. The stop closed at 0.08929, a 4.51% loss, without closing beyond the level. One takeaway: when the best move stays far short of what TP1 requires, size the position so a stop at the planned level costs little.
What happened:
- Entry zone 0.09316–0.09386 filled right at the post
- Best move in our favour: 0.64% (TP1 needed 2.71%)
- SL 0.08929 hit ~45m after entry
- SL taken by a wick, the candle closed back inside
- BTC over the same window: +0.49%
NFA · DYOR
