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$BTC
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?pic.twitter.com/vX5plBelkt
I've been in a short since we hit 6800 the first time, tell me about it. It's closing in on 3 days now. BTC somehow forgot the rules: 1) Bart up 2) Bart hair 3) Bart down BTC WHY NO 3?
You've got strong hands, Don. The daily has been opening and closing within $50 for the past two days. I caught a wick on the second test. Closed out 50%. Moved stops in profit. This following impulse is going to be big, no point in converting a winning trade to a losing one.
I've been adding and reducing on the moves up and down. So my positions has been getting better and better. I disagree with moving the stop loss in profit, I rather get stopped out on invalidation. Stopping out before that is like buying where I should be selling to me.
I agree, but I think this circumstance is different due to the longer period of consolidation we're seeing. Longer the consolidation, larger the expansion. The invalidation is going to hurt imo, especially with the spread b/w stops and fills on Mex.
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