Hello,
If you are like me and think $1,000 will be the bottom for bitcoin and want to start scaling in now in case the bottom is higher, here is how I recommend going about it...
This is on my twitter, I am literally just going to ctrl+c and ctrl+v :)
"Just explained this in the discord group, but here is some math for scaling into your trades following a martingale-ish strategy. Idea is to double your bets each time. 6 -$500 decrements left. That's n*2^6 = 100% of the capital you want in. n is 1.5625%. This means at 3500 you go 1.5% in, at 3000 you put in 3%, at 2500 you put in 6%, at 2000 you put in 12% and so on... sum of %s should be risk limit.
This is a "preferable" way to scale in because at each level lower your risk is lowered and so deserves more capital allocation."
Hope this helps,
-YoungShkreli
If you are like me and think $1,000 will be the bottom for bitcoin and want to start scaling in now in case the bottom is higher, here is how I recommend going about it...
This is on my twitter, I am literally just going to ctrl+c and ctrl+v :)
"Just explained this in the discord group, but here is some math for scaling into your trades following a martingale-ish strategy. Idea is to double your bets each time. 6 -$500 decrements left. That's n*2^6 = 100% of the capital you want in. n is 1.5625%. This means at 3500 you go 1.5% in, at 3000 you put in 3%, at 2500 you put in 6%, at 2000 you put in 12% and so on... sum of %s should be risk limit.
This is a "preferable" way to scale in because at each level lower your risk is lowered and so deserves more capital allocation."
Hope this helps,
-YoungShkreli
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.