Managed to exit the entire SMX position around $18 mark for a nice double. Not running shorts on this one at the moment, but the gains were solid. Fair to say I'll probably jump the gun on the exit next time around, but that's trading for you—can't complain about locking in profits. The risk/reward looked favorable at that level, so took the opportunity when it showed up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
FundingMartyr
· 01-08 04:51
It's doubled, what else do you want?
View OriginalReply0
MidsommarWallet
· 01-07 20:58
Doubling out, SMX's performance this time is still good. Next time, don't rush to run away, but locking in profits means no loss.
View OriginalReply0
BTCWaveRider
· 01-07 20:53
Doubling out, this rhythm is pretty good.
View OriginalReply0
GateUser-00be86fc
· 01-07 20:45
Doubling out, this wave is pretty good, but I always tend to sell early.
View OriginalReply0
GasBankrupter
· 01-07 20:44
Doubling feels pretty good, next time don't rush to run away.
View OriginalReply0
AllInDaddy
· 01-07 20:44
Doubling feels pretty good, next time don't rush to run away so quickly.
Managed to exit the entire SMX position around $18 mark for a nice double. Not running shorts on this one at the moment, but the gains were solid. Fair to say I'll probably jump the gun on the exit next time around, but that's trading for you—can't complain about locking in profits. The risk/reward looked favorable at that level, so took the opportunity when it showed up.