Trading my remainng 50usdt.
I am surprised! I was able to trade my remaining 50usdt in stormgain. Remember they have this rule of 1 to 4 ratio. Meaning if you trade 50usdt, you should deposit 200usdt to activate the trade. But i was able to open a trade.
Also noticed im able to do a 10X leverage.
We will see how this trade works, I might do some short term TP take profit.Since we will be doing this as how stormgain wants us to trade, using the 28day trading period. Also 10x leverage is a little high. Currently at -1 USDT, was on a +1USDT awhlie ago, so will see if BTC will hold this good support and bounce and will do a little TP.
I will be making updates regarding this trade.
UPDATE: May 1 2024
RISK WARNING, BTC sliding down
UPDATE: May 3, 2024
BTC had a bounce and now we are on a green
UPDATE: May 4, 2024
BTC started climbing up to reach resistance level, a bigger gain now
Now BTC is trying to break the resistance
Will see if it can break this resistance
MAY 5, 2024
BTC broke the resistance, it was trying to break it for some hours
We are back to 20+ USDT, yesterday it was around 25 notice the wick on the above chart
Will see how this goee, we have until May 28 for the auto close, etiher we hold it until auto close or exit when we see that its time to exit for a good gain and re enter again.
UPDATE: May 18 2024
BTC did a signifacant move up, so i did a Stop Loss to secure some gains incase it will dip. Below is my first stop loss
I did a 64700 since theres a good support above it.
Then yesterday, BTC was trying to break a resistance, so scaled up my Stop Loss, sort of like a trailing stop loss to 66600, since there was a support above it.
And when i woke up this morning, i saw the chart and BTC was still trying to break the resistance, but when i checked my trade position, the Stop Loss got trigger, so i went to check the chart in details and saw a wick heheheh
The wick went to my stop loss price. If i didnt scale up my stop loss then would still be in the trade. Then again its a gain already, strategies or being greedy. I was being greedy, im guity, see if strategy the previus SL would have kept me in the trade but still i want more gains i scaled and it got triggered. Then again gain is gain. Come to think of it is above the highest price when we entered the trade which was exit and it dipped down. So still good.
This is my new wallet data now, see you can withdraw USDT or convert to BTC
So we will wait for a good entry to trade. Again if you want to trade using your mined btc, stormgain
