Sunday, May 19, 2019

Weekend Trading

Bitcoin is again rising over this weekend, so far. I set a stop buy order in my CFD trading account, which allows me to trade Bitcoin 24/7 for 7700 and it has triggered. Bitcoin is around 8000 at the moment. This long position hedges my short futures position. It allows me to have a stop on my position over the weekend when the futures market is closed. I would have been better off and less anxious if instead I had closed the futures position at the close of trading on Saturday morning Australian time. I think that is what I will do in future.

No comments: