This $LIT short didn't work.
The stop was hit at 2.9944 after the price broke above it. Meanwhile, BTC moved against the setup, gaining 2.21% when LIT needed a drop. Always check what BTC is doing before taking an alt setup in the same direction.
How it went:
- Entry zone 2.8048–2.8294 filled right at the post
- Best move in our favour: 0.85% (TP1 needed 3.78%)
- SL 2.9944 taken, ~1h30m in
- SL candle closed beyond the stop
- BTC over the same window: +2.21%
How do you handle stops getting hit like this?
Plan, not advice.
Current snapshot · Last 3.008100 · PnL -412.25 USDT · ROI -328.37%
The stop was hit at 2.9944 after the price broke above it. Meanwhile, BTC moved against the setup, gaining 2.21% when LIT needed a drop. Always check what BTC is doing before taking an alt setup in the same direction.
How it went:
- Entry zone 2.8048–2.8294 filled right at the post
- Best move in our favour: 0.85% (TP1 needed 3.78%)
- SL 2.9944 taken, ~1h30m in
- SL candle closed beyond the stop
- BTC over the same window: +2.21%
How do you handle stops getting hit like this?
Plan, not advice.
Current snapshot · Last 3.008100 · PnL -412.25 USDT · ROI -328.37%
