Friday, April 26, 2019

Bitcoin Trading Update

This morning Bitcoin plummeted several hundred dollars at the open of the US overnight session on Globex. It triggered both my sell stop to close my long April futures position at a profit of USD 194 and my sell stop to go short the May futures from 5375. This also triggered the set-up of a buy stop for the short position. Everything worked as it should. On the other hand, I was pretty lucky to come out with a profit from the long position, which at one point was much more in the money.

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