$VIRTUAL: 4h candle with a huge range that closed at the lows. I opened a short.
Entry at 0.5031.
Initial stop at 0.5315 (5.6% above). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds to it; 7 days is just the maximum.
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.
$VIRTUAL #trading #futures
Entry at 0.5031.
Initial stop at 0.5315 (5.6% above). No TP: I use a trailing stop: it moves down with the low and closes if the price rebounds to it; 7 days is just the maximum.
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.
$VIRTUAL #trading #futures