FTT USD experimental play

With the whole ETH merge situation i dont want to take big risks for te next 2-3 days but i cant pass on this FTT idea.

First of all, i'm buying HALF of my position here at 24.77 and i will set an order for the other half at 23.85.
this will give me an average enry price of
24.31.


i will have 3 take profit points
24.95 2.75%
25.90 5.9%
27.45 11%
and i will use 2x leverage because it is a little dangerous.


now,if things don't go our way
if 4hour candle closes below 22.80
i will cut my losses.that is a 6.1% loss which is unusual for me to risk that much but i dont see that scenario coming to life.

MAX 2X leverage with normal position size.
If take profit one is reached,stop loss will go to my entry price.
i will update here for every move i make.

Giao dịch đang hoạt động:

both entries are reached on binance futures.
average price now 24.31

i am setting both the mentioned take profit targets and also looking fot a close below 22.80 to cut losses in case it goes there

Bình luận:

i will adjust my stop loss price.
if 4h candle closes below 23.8 which is 1.88% i will stop the trade.
this level became crucial,so that's enough for me.

Bình luận:

i am setting a stop loss at my entry price and letting it run.
risk free from now on,waiting for targets.

Đã hủy lệnh:

trade was closed at entry price.
no profit,no loss either