Shared by
ReallyGoodice
ORIGINAL PLAN
Ant from The Halt podcast tipped me off to BTBT trading within a channel for the past few days. Kept breaking out, then forming new channel above previous.
BUYS
First buy based on price falling to previous HL
Second buy based on price touching VWAP with strength and returning to previous HL
LOW VOLUME pullback after open
SELLS
First sell 1/4th based on me being happy lol, 3 huge breakouts in a row, locked in profits
Second and third sell next day full position based on percent increase, took profit
NEXT TIME
Leave 10-20% of position for a bigger move, especially when predicting a new channel formation
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-08-03 10:53:04 | BTBT | buy | $10.020 | long |
| 2021-08-03 11:07:09 | BTBT | buy | $10.020 | long |
| 2021-08-03 12:20:01 | BTBT | sell | $10.560 | long |
| 2021-08-04 10:13:04 | BTBT | sell | $12.370 | long |
| 2021-08-04 10:14:38 | BTBT | sell | $12.300 | 0 |
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