@mischajaja@PeterLBrandt And a liquidity level with a lot of stops and a monthly naked POC with huge volume. My avg short entry was $48440 for an intraday trade. Closed at $47500. I know, I should have left a runner.
@MMCrypto So you say you will be waiting for closes below 17600 to close, yet your liquidation price is 17570 and we are in a macro downtrend and ranging on MTF. Good luck
@PhilakoneCrypto Trading level to level, harmonic targets 18041, trading the range until it breaks and not anticipating moves but rather react to what charts are offering.
@lockedlimit@MikeBellafiore Making money is the natural consequence of good execution, but as a developing trader you don’t get hired for either by a prop firm.
@MPrintcos @Cad_Crypto_Acad@CCPool_Daniel@ChartChampions I don’t see a problem with high lvg if it’s used correctly. If your invalidation is 0.2% away from your entry, why not? And #CCPool entries are often that precise. My trades are all 100x but that doesn’t mean I 100x my account size on my trades. It only means my liq price is far.
@MPrintcos @Cad_Crypto_Acad@CCPool_Daniel@ChartChampions No offense but it seems you don’t know much about risk management. In order to judge his respect for risk management, you’d need to know his account size, allowed R per trade, invalidation and position size and none of these variables are stated in the screenshot.
@blcurley@PeterLBrandt I always use cross leverage, but that doens’t mean my position size is 100x my account size. I’m out of that short now but I still made money 😊
@PeterLBrandt At the moment it is range bound. Judging by the low strength of this move up and the fact that BTC is also rejecting from range high, I believe it is likely this will be a failed auction, but we won’t know until price gets accepted back in the range.