โ Gym goers are familiar with the phrase: No pain, no gain.
โ Traders are familiar with the motto: Risk is part of the game.
Experienced traders know by a fact that it is not about the number of trades that you win but about managing risks, high probability trade setups and knowing when to exit and when to enter a trade; having a well throughout plan, being conscious of the pros and the cons.
Here you have the full trade-numbers for my Bitcoin SHORT Trade.
(This is not financial advice. These numbers are shared for illustration purposes only).
The numbers below represent "support" and "resistance" levels based on technical analysis.
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SHORT BTCUSDT
Leverage: 8X
Buy-in: $45,500 - $43,500 | Cp: $44,000
Targets:
1) $41,000
2) $37,500
3) $35,000
4) $32,600
5) $30,000
6) $27,500
Stop-loss: Close daily above $47,500
Potential profits: 300%
Capital allocation: 3%
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All the information shared on this channel and/or by Alan Santana is intended for educational purposes only and should not be construed as financial advice. Cryptocurrency trading is for adults. Adults are responsible for their own actions. Adults are responsible for all their wins, as well as their losses.
Wishing you tons of profits, success, health, wealth and luck and this year 2024 and beyond.
Namaste.