New week testing the market
- philroycrypto
- Mar 23
- 1 min read
With a new week on the horizon and a general bullish trend anticipated after our recent lows I've risked 1 R in a position on BTC, ETH & SOL. I'm keeping the margin constant at 10x for now, and i have to accept the risk of slight over-trading to get the balance up a bit and gather some information.
I also have to accept that I'm at risk of stop-start swing trading, but i'm happy to start with down-sizing or closing for weekends and opening or re-risking on Sunday night or after the Monday range has formed.
The trick will be to sit out as appropriate, particularly if I'm more heavily biased towards long positions. There's always the chance to DCA entries in spots where I've stuck to one choice position and slightly mis-timed things.
As we speak the current 15 minute candle is looming red, but although I knew I wasn't nailing a pico-bottom there's enough margin for error and appreciation of the trend forming, as is the call, right or wrong.




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