Taking Profit & adjusting a position in mid trade with the GMMA Обучение

BITSTAMP:BTCUSD15

Bitcoin / U.S. dollarBitstamp

Описание

⋅ 31 авг 2018 г., 16:52

Please view my twitter for the original trade post. The link for my twitter is found on my TradingView page.

Сделка закрыта: достигнута тейк-профит цена

⋅ 31 авг 2018 г., 17:54

Position closed, trade executed perfectly.

There is still steam left in this rally to extend the wave beyond my TP but I am closing due to heavy resistance.

I am looking for a short term short scalp on overbought conditions. I will update with that position if time allows it.

Комментарии

everyparallel

⋅ 31 авг 2018 г., 21:56

stop market below stop limit as parachute. genius!
related question: any guidelines for choosing stop price on stoplimit orders?

Nick_Core

⋅ 31 авг 2018 г., 22:10

@everyparallel, I wish it was as easy as giving guidelines, but it is situational dependant.

everyparallel

⋅ 1 сен 2018 г., 15:34

@Nick_Core, do you use market orders as parachutes for limit orders too ?

Nick_Core

⋅ 1 сен 2018 г., 16:38

@everyparallel, For entry? No, never.

everyparallel

⋅ 2 сен 2018 г., 02:16

@Nick_Core, is that because of slippage or fees? or both? would you use market orders for entry if you were trading a smaller account? or under any circumstances?

MuMPiTz

⋅ 31 авг 2018 г., 17:42

@Nick_Core thanks for sharing! which exchange are you using so you can set a limit-sell order and a stop-limit at the same time?

Nick_Core

⋅ 31 авг 2018 г., 18:25

@MuMPiTz, There are quite a few exchanges that allow that. I don't typically share which exchanges I use. But also an API can do the trick for the exchanges that don't have those capabilities.

MuMPiTz

⋅ 31 авг 2018 г., 20:59

@Nick_Core, sadly I cant code.. I know there are few paid services that offer advanced trading features through an API but I'm not sure about that... do you have coding skills?

Nick_Core

⋅ 31 авг 2018 г., 21:50

@MuMPiTz, I do not.

alfernandezj

⋅ 31 авг 2018 г., 17:35

Great breakdown!

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