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RE: SHORT Red Pulse (RPX) Short Trade on Binance (40% Profits Potential)

in #bitcoin7 years ago

Trade closed: stop reached: This trade didn't work out. But this is ok since we only used a very small portion of our capital on it, less than 5%, since this was very short term and high risk.

With a 10-15% loss on 5% of your capital, your total loss shouldn't be more 0.75% of your total capital. So not a big loss.

Red Pulse (RPX) charts are really young, so this trade can't be revisited until we have some history to trade it successfully and low risk.

There won't be anymore "high risk" trade as the market is looking like it will change direction, into the positive, soon.