I use XBTFX MT4 "FOR ONLY CHARTING" and execute the trades on BITGET FUTURES TRADING sometimes I use BINANCE with 100x leverage.chris006 wrote: Sun Nov 20, 2022 8:34 pm Hello Faizanxg,
What I see on that bitcoin move is that the down move was about $130. The spread I see is about $49. Could you elaborate how you achieved a return of 46%? I mean what was your entry to stop loss difference and what percentage was this on your total account value?
Because at first sight it seems that you just took a wild bet here with huge risk. Please correct me if I am mistaken.
yes it was a high risk trade but I had only few hundred bucks in the exchange so why not? IM JUST FOLLOWING THE RULES
see the screenshot i posted before. BIG SEMAFOR bias on M5 then second dot on M5 also on M30 and then I got the ARROW SIGNAL and saw the RSI Moving DOWNWARDS so I took the trade. I wasn't expecting it to SHOOT DOWN that much, BUT IT DID. and then BIG SEMAFOR DOT appeared and I exited. SIMPLE