Took a massive profit from my $BTC trade yesterday. I had shared the levels that my analysis found and they were correct.
Here is the exact stat for the trade:-
Position 1 :- Long 10x at $69915.8
Position 2 :- Long 10x at $69276.5
Exit :- At the price $72333.8
Final Calculation:-
Average entry price :- (69925.8+69276.5)/2 = $69601.15
Exit Price :- $72333.8
Net movement :- 72333.8-69601.15 = 2732.65
Percent profit :- 2732.65/72333.8*100 = 3.77
My profit percent with 10x peverage :- 3.77*10 = 37.7%
This is how you calculate your profits. Hope this was helpful. If you have any doubts, feel free to ask me in the comment section
