Closed Trades - Storj, Audio, GMX, APE

Hedging against potential pullback in #altcoins

Traders, I’ve made a last minute decision to pull out of these trades not wanting to take a loss. As I mentioned in this post a few minutes ago, I am expecting a bit of a break in the altcoin space. I was slightly in the profits on all of these coins: Storj, Audio, GMX, and APE from my entry, therefore, I’ve decided to capture profits while I can and not take any loss here. Stats can be viewed on my spreadsheet below:

Sometimes new data requires us to make last-minute quick changes to our current trading bias. None of these coins were really moving too much at all. APE is up against resistance. GMX popped quickly and came back down. Audio still could move but I didn’t want to make that bet. And Storj just doesn’t have any more steam to push above that 76.5 resistance.

Now, all of these coins still could move, but the probability grows less likely with time. And that’s why I have exited.

The remainder of my trades are all in the profit and the SLs below will also capture any profit. So, I am satisfied leaving them in and allowing them to ride it out till they either reach their targets or are stopped out.

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