tomraistrick

Breaking Channels

Short
tomraistrick Updated   
BITSTAMP:BTCUSD   Bitcoin
Messy chart but gets the job done. I'm watching & preparing for an opportunity to short BTC at or slightly above $7.3k.
Comment:
Update: Opened short position with an average entry price of $7,295.

Exchange: Bitmex
Product: XBTUSD Perpetual Swap
Margin: 5x
Liquidation price: $9k
Comment:
Update: Closed 25% of short position below $7,950. >24% profit realised on that portion of my position.
Comment:
Edit: *Below $6,950.
Comment:
Update: Closed a further 12.5% of initial short position below $6900. ~30% profit realised on that portion of my position.
Comment:
Update: Closed a further 12.5% of initial short position at $6,800. ~35% profit realised on that portion of my position.

50% of initial short position remaining.
Comment:
Update: Closed a further 12.5% of initial short position below $6,700. ~45% profit realised on that portion of my position.
Comment:
Closed remaining 37.5% of short position between $6,250 and $6,500.

100% of short position now closed. Update with final realised profit will follow.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.