$RSR: Over the past hour, large traders built long positions much faster than everyone else (concentration rose by more than 40%). I went long.
Entry at 0.001389.
Initial stop at 0.001277 (−8.1%). No TP: 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.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$RSR #trading #crypto
Entry at 0.001389.
Initial stop at 0.001277 (−8.1%). No TP: 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.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$RSR #trading #crypto