My $ARB Short call got stopped out at 0.167609.
Price only reached 0.54% in my favor while TP1 needed 1.22%, so the move never developed. BTC moved 0.31% against the short in the same window, and the stop closed beyond the level rather than just wicking it. I'll size the next position so a stop like this stays a small, planned loss.
What happened:
- Entry zone 0.163994–0.16455 filled right at the post
- Best move in our favour: 0.54% (TP1 needed 1.22%)
- SL 0.167609 hit ~2h15m after entry
- SL candle closed beyond the stop
- BTC over the same window: +0.31%
NFA · DYOR
Price only reached 0.54% in my favor while TP1 needed 1.22%, so the move never developed. BTC moved 0.31% against the short in the same window, and the stop closed beyond the level rather than just wicking it. I'll size the next position so a stop like this stays a small, planned loss.
What happened:
- Entry zone 0.163994–0.16455 filled right at the post
- Best move in our favour: 0.54% (TP1 needed 1.22%)
- SL 0.167609 hit ~2h15m after entry
- SL candle closed beyond the stop
- BTC over the same window: +0.31%
NFA · DYOR
