Mark Cryptex
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I'm Mark and I'm kind of a trader. Retiring tomorrow.

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Contact: @heymarkc
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Mark Cryptex
#positions Ticker: BTCUSDT.P * Entry: 54000 - 55000 > TP1: 47000 > TP2: 44000 > SL: 59500 Allocation: < 30 % Leverage: x2-5 Contact: @heymarkc
Short is still valid (including for entry), right now there is no strong bullish momentum.

Manage allocation size, this position is riskier than usual ℹ️
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Let's go back to the roots
At the moment I expect a move to the resistance/liquidity/magic-magnetic line zone on the chart in the region of 67000 - 69000. If nothing changes and the price goes to where I expect to see it within a week or two, then we are interested in two scenarios:

1/ After a wave of liquidations, a divergence will form, no new buyers will appear and we will open a short
2/ The printing press will start up at full power opening horizons of 80000 - 100000 and we will open a long in order to take profit from the rally.

Stay tuned.

Contact: @heymarkc
If you can’t wait to trade here and now, I remind you that I also have a channel with automatic signals: https://t.me/+fc1N-YJ_qwszMGQy
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Regarding closings by BE.

I am not aware of your risk strategy, but I personally use the following scheme in my swing trades: "The price moves 2% towards my TP » I move the stop loss 1% towards TP" and continue to do so either until the trade closes by the expected TP, or until it closes by the risk-free stop loss.
Sometimes this scheme being used in more complicated variant with a stair stop loss with a step of 0.5%.

All for the sake of minimizing the loss of paper profit, because I am convinced that the inability to take what the market gives is one of the pillars of a failed trader.

Contact: @heymarkc
Right now you can keep shorts to not loose position or you can close it in good profit and try to catch reverse movement with smaller allocation and leverage (hidden bullish divergence has formed on BTCUSDT.P 10KR chart).

Stay tuned, folks.

Contract: @heymarkc