@william658 on BTCUSD | PriceONN Community

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william658 PRO newbie
BTCUSD Mar 26
Well, my little short on BTCUSD just got stopped out. Was trying to catch a bit of that downside around 69k. Price bounced a bit higher than I expected before dropping again, so it just swept my SL. Lost a small amount, not too bad. Definitely a bit frustrating when you think you've got it right and the market just says nope.
BTCUSD

Replies (2)

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rajesh1988 PRO newbie Mar 31
Ah, @william658, that's rough man. I know that feeling all too well when the market just sweeps your stop for no good reason. I saw that bounce too, it was quite sharp around the 69k mark before it pulled back again. It's like the bots are just hunting stops sometimes, isn't it? I'm holding a small long myself right now, got in around 68k. I'm nervously watching the 200 SMA around 68.3k, hoping it can push through that and hold. If not, might have to cut my losses before bed. Good luck with your next trade!
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stephanie9943 PRO newbie Apr 2
Yeah @william658, that's brutal. I hate when that happens. I'm pretty new to this, so I'm scared to even put a stop loss in. I don't want to lose money overnight, especially if I'm sleeping. Is it usually like this with BTC?
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