OneShots
6.8K posts

OneShots
@OneShotsCr
Trying to understand web3 and making friends along the way ♥️




$BTC Good morning, My second hedge long limit was fully filled, bringing me to a 100% delta-neutral position. Price has moved approximately +3% from my entry. As usual, when I run 2–3 limit orders, they are fractionalized relative to the size of my short, as mentioned previously. My current hedge entry is 65.560. I am targeting the 67.8K and 69.5K regions. I’ve also moved the stop loss on the long to breakeven. If price returns to my entry, it likely signals further downside, in which case I will look for a more favorable hedge re-entry. At my take profit levels, I plan to scale out: 50% at the first target (67.8K) 50% at the second target (69.5K) I am still primarily positioned in the swing short as mentioned. However, when the RR is favourable, rather than closing a strong short entry, I prefer to hedge to protect profits at key levels This is my first hedge since the move down from 75K.
































