Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Sharing a bit of thought on real trading operations. I placed a short order for Bitcoin at the position of 89220, preparing to catch a pullback. The strategy is as follows: first lock in profits, then reduce position by a portion, and set a breakeven stop loss for the remaining position, hoping for a second bottom opportunity. From a technical perspective, the pressure at this position is quite obvious, and the probability of a pullback is not small. Of course, the market changes rapidly; do you think this operation is stable?

BTC0.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SnapshotDayLaborervip
· 11h ago
The 89220 short position is quite aggressive this time, but the profit-locking strategy is indeed steady. The only concern is if the price doesn't drop on the second dip; a reversal rally at that point would be really awkward.
View OriginalReply0
AmateurDAOWatchervip
· 12-02 17:50
89220 that level is indeed a bit fierce, but I have to say that this trading strategy of locking in profits + reducing position + protecting capital is quite good, stable. Just afraid of losing composure during the second bottom test...
View OriginalReply0
BlindBoxVictimvip
· 12-02 17:50
Well, this trading strategy is still quite cautious, combining locking in profits + reducing position + protecting against stop loss, at least it won't be trapped too badly. But is the pressure at 89220 this position obvious? Why do I feel a bit precarious...
View OriginalReply0
MetaverseVagabondvip
· 12-02 17:41
This position does have something, but I think it’s a bit greedy to aim for a second bottom.
View OriginalReply0
GateUser-b281ca64vip
· 12-02 17:26
Is it empty??? What's going on, expert?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)