My latest #NewsTrade was a 1× leverage long on Litecoin (LTC) at $85, exited immediately at $85 for break-even. The trade was sparked by news of a major payment processor integrating LTC, hinting at potential price surge. I entered on a 1-hour chart breakout above the 50 EMA, expecting bullish momentum. However, the market didn’t react as anticipated, and volume dried up. Following my strategy to cut trades without confirmation, I exited instantly, avoiding losses. No stop-loss was needed with 1× leverage and a quick exit. This news-driven trade underscored the importance of confirming news with technicals. #NewsTrade#TradeStories
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