$MORPHO: In the last hour, large traders loaded up on long positions much faster than everyone else (concentration rose by more than 40%). I entered a long position.
Entry at 1.746.
Initial stop at 1.606 (−8.0%). 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 position anyway.
Risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$MORPHO #trading #futures
Entry at 1.746.
Initial stop at 1.606 (−8.0%). 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 position anyway.
Risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$MORPHO #trading #futures