Long

POLY-BTC Long Trade Plan

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Commodity : POLYMATH
Trade Type : LONG
Trading Against : BITCOIN

Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 8% to 28%
Prospective Loss : 4.5%
RRR : SL to TP1 is 2.14, SL to TP2 is 3.35 , SL to TP3 is 6.62

Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Trade chiuso manualmente
Closing the trade at break even here and setting up the trade again as follows
istantanea
Trade attivo
Trade is still valid.
Just the Entries, SL are updated.
Trade chiuso: obiettivo raggiunto
TP1 and TP2 hit
istantanea
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