your SL hit. :) | Trader ZamZam on Binance Square

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your SL hit. :)

trade with sandy

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Bullish

buy BTC at current price for the first target 108800 and second target 111300 with stoploss of 107300

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Good morning everyone! It's the last trading day of the week! BTC short is printing! Life is good! Let's make some money! Negative Funding Rate Coins: BLAST / ARK / CUDIS / WAVES Market RSI: 46.79 (big drop from yesterday!!) Economics: Nothing of note!

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Let's say BTC around 97k to 100k #btc #BTCReclaims110K

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⚠️ Read This Before Trading From This Journal ⚠️ The Rules: 1. Focus on Percentages: Prioritise growth over revenue—compounding is your ally. 2. Mental Health First: Your well-being > portfolio > profits. 3. Risk Per Trade: Stick to 1-2% per trade—avoid over-exposure and over-trading. 4. Secure Profits Early: Move your Stop Loss (SL) to Breakeven (BE) or into profit and focus on new opportunities. 5. Be Patient: Don’t chase trades—let them come to you. 6. Trade Your Plan: Use your own confirmations (e.g., support/resistance, RSI, or other indicators). 7. Risk Management: It’s not just margin—plan exit strategies and accept losses as part of the process. 8. Know When to Pause: Sometimes, the best move is not trading at all. 9. Default Trade Direction: If not explicitly stated, the trade will be short, as this is my preference. Profit Strategy: - Take Profit 1 (TP1): At 20%, move SL to BE and sell 50% of your position. - Take Profit 2 (TP2): At 40%, move SL to +20% and sell another 25%. - Let It Run: From here, let the trade run to either capture more profits or close at a profitable level. > This is my usual approach but not a rigid rule—I may adapt based on market conditions. Stop Loss: - No fixed SL—trades are managed manually and are never left unattended. Leverage: - I use 25x or if not permitted, the highest possible (12.5x / 20x) but never more. Important Disclaimer: These are my trades and should not be followed blindly. I might make a profit in the morning, allowing me to take a loss later in the day—this could be very different from your situation. Always trade according to your own risk tolerance, strategy, and goals. PS - This journal isn't suitable for copytrading and will never be enabled. #tradesafe #StrategyBTCPurchase #btc

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