#ShareYourTradingOperations
This week, I opened a short position on BTCUSDT with 5x leverage.
My entry price was $71,200, and I exited at $69,800.
I set both stop-loss (SL) and take-profit (TP) levels and followed a disciplined approach.
This trade yielded a 16% return.
My reasoning was based on the RSI indicating an overbought condition, which signaled a potential reversal. I also confirmed this by analyzing the volume.
Without a solid strategy for each trade, losses are likely.