Trade Review: MASKUSDT Perpetual Long
Trade Details:
Market: MASKUSDT Perpetual
Trade Type: Long
Trade Status: Closed
Entry Date and Time: 06/10/2023 12:26:08
Entry Price: 3.0810 USDT
Max Open Interest: 324 MASK
Close Date and Time: 06/10/2023 19:32:00
Average Close Price: 3.4120 USDT
Closed Volume: 324 MASK
Summary:
This trade was a long position on MASKUSDT Perpetual, indicating an expectation of the price of MASK token increasing. The trade was opened on 06/10/2023 at 12:26:08, with an entry price of 3.0810 USDT. The maximum open interest for this trade was 324 MASK.
The trade was closed on the same day at 19:32:00, with an average close price of 3.4120 USDT. The closed volume was also 324 MASK.
Trade Performance:
Entry Price: 3.0810 USDT
Exit Price: 3.4120 USDT
Price Difference: +0.3310 USDT
Percentage Change: +10.76%
The trade resulted in a positive outcome, with the price of MASKUSDT Perpetual increasing from the entry price of 3.0810 USDT to the average close price of 3.4120 USDT. The price difference was +0.3310 USDT, representing a percentage change of +10.76%.
Lesson learnt:
- Copy and paste open order and why
- Got filled and closed off 100% of the position after it bounce from the low of 3.03. Thinking that it will likely retest the near the low or low on hourly chart. Could have place a stop loss slightly below the low for an additional 10% upside or reduce profit from 10% to 5% if it gets stop out.
