Swallow Crypto - How To Read Our Signals? (Paid Channels)
- Swallow Crypto
- Jul 1, 2024
- 2 min read
Updated: Jul 14, 2024
CRV Trade Taken On 8th Of March (Example)
Entry: When this price is broken, our analyst believes that the price will reach targets.
Stop-loss:
The price that must be set on any of your positions at all times. We prefer to keep it between 50 and 80%. If it is reached, the already open position will be closed with a loss. This is important as managed loss is something every trader has to deal with but unmanaged loss can result a liquidation (which non of us would like to get)
What Should You Do When You Reach the Target Zone?
Targets: We have a very simple rule when trading: we always move our stop-loss closer to the target while also taking some profits along the way.
We like to divide the take-profit zones as follows: "30/20/50" or "25/25/20/30". This, of course, depends on how many target zones we have!
Example: Let's say we invest $100 and our final target is 8.44% (market price) on the CRV/USDT pair. If we rely on the upper signals that has been sent on 08.03.2023 we can apply our "25/25/20/30" strategy. Using our strategy and calculation, a $100 investment in a position could have resulted in the following profits (different scenarios):
Where we reach Tp1(+31.14%) and get closed at entry: +7.75 USDT
Where we reach Tp2(+69.12%) and get closed at Tp1: +43.93 USDT
Where we reach Tp3(+99.72%) and get closed at Tp2: +70.69 USDT
Where we reach Tp4(+151.92%) and position gets fully closed: +100.24 USDT
Limit Order Or As We Like To Call It "wait for entry"
Limit Order: signals are signals that are not entered at market price, meaning we need to wait for the entry price to be reached in order to enter a particular position.
