*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Bitcoin Mining Company BTCM today at $1.78 per share. Our first take profit is $2.40. We also have a stop less set at $1.60
This company is a standout from other Bitcoin mining companies. It doesn't exactly trade the same as the others due to China relations, but with investors now eyeing investments overseas this could become a goldmine soon.
OUR ENTRY: $1.78 FIRST TAKE PROFIT: $2.40 STOP LOSS: $1.60
We have closed out of this trade on trading view for a quick 15%, but for disclosure we must clarify that some members (risk-takers lol) on our team have chosen to hold onto this position.
تم فتح الصفقة
ملاحظة
We got out yesterday because we figured the market would dip today. We secured a %15 gain, but now we are entering again at $2 and resuming our initial plan which was to take profit at $2.40.
Stop loss is set at $1.75
تم إغلاق الصفقة يدويًا
We closed this trade today at $2.32 for a 16% gain. This brings our total gain to 31% for BTCM. We didn't hit $2.40 today but we touched $2.38 which is around where we suspect there to be resistance.
تم فتح الصفقة
Entered again at $1.18. This is a very high-risk trade, and we are relying on a large market bounce tomorrow morning. If we get this bounce, then we will exit CRKBTCM and EQX. In this scenario the market will sell-off hard once the fed meeting starts.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.