Post
Topic
Board Trading Discussion
Re: margin trades explained
by
Bezobraznike
on 21/02/2018, 17:23:20 UTC
hello, ill start to post my future margin trades here,...either wrong or right Smiley
yesterday it was a sharp decline so i
bought Neo/usd
at 127.15
SL 118.5
TP 136.6
aprox: 170
Ill add 50 more at 128 or 119 if we go there.


Looks like you hit your stoploss, is that correct? Unfortunate if so because price only marginally dipped below it. It's just a personal opinion but I feel like your stoploss was too close to buy price, I tend to give about double the room to my stop-loss as I do to my target price.

   NEO is at $118.85! As I understand he will strengthen his position at lower
marks with buying more. That is better strategy then exiting. With crypt-currenices,
solid ones, it is not smart to exit after trade. Keep it and all times high will come.
   I understand margin trading is different! I am just saying that I would not apply
stop-loss strategy with solid coins. That is good to with untested alt-coins, and ICO`s.
   Bitcoin, alt-coins, and tokens that have more potential worth to keep, and to be able
to strengthen position if you are financially capable for that. After that wait!