Just last night I took a short position, because I believe that the markets will correct slightly today during the day.
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Just last night I took a short position, because I believe that the markets will correct slightly today during the day.
That's NOT A good strategy in our business, I strongly advise against this type of trading.
Thanks for your reply!🤗
Why? What did I say, that you don't think it's a good idea?
Opening positions and bet for the correction, that's how I got you, did you mean something else?
What about a bet following Risk Management (positive PL ratio) ??? I'm just joking bro.
- EvM
I do scalping operations in Futures of Cryptocurrencies, my short position was closed during the opening of the morning market (NY), with profits. I didn't mean long term or overleveraged or anything like that. My entire strategy is well calibrated with risk management appropriate to my trading plan.
But I understand that for you it was not a good strategy if it is not what you usually do.
I trade futures. I only commented your post because just your vision coincided with mine at this point in time, nothing more.
Thanks for responding to my comment. Nice to meet you and I am open to discuss ideas if you want, some other time.
Best regards.