Shorting BTC - Sell stop via futures.
BTC is showing opportunities to execute risk-adjusted short positions through futures or DMA CFDs (avoid STP brokers). No matter if BTC bounces to the upside, we could also benefit from such situation, and we can place pending orders in order to take advantage of the most likely scenario on a quantitative and qualitative level: a mid-term downtrend.
Operation:
R/R ratio: 1/2.42 (risky)
Risk mgmt: 0.65% of our portfolio risked.
Wealth mgmt: We will average probably at 15 000 with the same R/R ratio.
Timeline: 2-4 months.
Exchange: OKX.
Financial engineering: futures.
Sell stop 1: 16 950.
Stop loss 1: 19 800.
Take profit 1: 10 050.
Sell stop, stop loss, and take profit 2: We will check it in the future.
Operation:
R/R ratio: 1/2.42 (risky)
Risk mgmt: 0.65% of our portfolio risked.
Wealth mgmt: We will average probably at 15 000 with the same R/R ratio.
Timeline: 2-4 months.
Exchange: OKX.
Financial engineering: futures.
Sell stop 1: 16 950.
Stop loss 1: 19 800.
Take profit 1: 10 050.
Sell stop, stop loss, and take profit 2: We will check it in the future.
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