Tell my why this wouldnt work.

[Shkreliii]

500$ in kamala harris coin
500$ in trump coin or whatever the fuck

stop loss on -5% for both

take profit 30% on both.

 

[KaisenMaxxer]

kamala dips below 5% -> you sell
trump rises to 20%

Trump dips below 5% -> you sell

Congrats

 

[Shkreliii]

kamala dips below 5% -> you sell
trump rises to 20%

Trump dips below 5% -> you sell

Congrats

?? wdym.

if trump rises 20% from becoming the fucking president then im the voodoo man.

Elon musks coins litteraly went above 30% yesterday, so it makes total sense what im trying to say.

 

[Shkreliii]

kamala dips below 5% -> you sell
trump rises to 20%

Trump dips below 5% -> you sell

Congrats

why would i even sit around to watch trumps coin go below 5% that makes 0 sense.

 

[BecomingHuman]

part of efficient market hypothesis:
Volatility in the market is as high as needed to efficiently trigger all possible assymetric stop loss - take profit combinations.

 

[Shkreliii]

part of efficient market hypothesis:
Volatility in the market is as high as needed to efficiently trigger all possible assymetric stop loss - take profit combinations.

i expect to go below 5% naturally.

 

[BecomingHuman]

i expect to go below 5% naturally.

volatility will efficiently trigger both your stop losses before the event

 

[BecomingHuman]

If you plan to play both sides I would recommend lower stop loss or small amounts with no stop loses (this way you trade market psychosis and not some kind of assymetric stop loss/take profit).

Also if you don't know price goes up a lot on election polls change and not only on voting results declaration.

Also trump coin or whatever the fuck could be DJT stock.

 

[Shkreliii]

volatility will efficiently trigger both your stop losses before the event

i get that, is there a way to move through this?. Cant i jus

If you plan to play both sides I would recommend lower stop loss or small amounts with no stop loses (this way you trade market psychosis and not some kind of assymetric stop loss/take profit).

Also if you don't know price goes up a lot on election polls change and not only on voting results declaration.

yeah i get that, i assume i will hold small amount.
but trade stop loss on final hour or 10 minutes

 

[BecomingHuman]

"Lower stop loss" I meant 30% or 50% or something depends on the thing you buy.

I meant more place for breathing.

You probably got it but just mentioning it.

 

[flippasav]

Idk

 

[anoncell]

They’re official coins?
Shit coins will dip 5% at anytime so you’ll liquidate regardless