The ETH short position sent out on Friday has made a profit of 100 points during the day. Sending a red envelope 🧧🧧
On Saturday, I also pushed it again near 2580, and the first take profit was already a profit of 100 points. For intraday trading of ETH, this take profit is already very excellent.
Unlike the trend trades I usually do with BTC, which can yield 8000 to 10000 points, a single ETH trade has at least a profit potential of 500 points. This trading method generally has a win rate of about 60% and a high profit-loss ratio.
In short-term intraday trading, I generally do not set take profits too far; I usually control the profit-loss ratio to maintain a high win rate. Take profits should be quick and ensure a high win rate, thereby achieving overall profitability.
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