As a swing trader I took a max position (100 BP of risk) in Bitcoin spot on Apr 21. I do not try to pick bottoms or tops. I play for chunks in the middle. That is where the lowest measured risk is for me. The initial target has now been met and profits taken. Targets out of channels are initially to parallel channel equal to width of initial channel. I remain long in the Factor Prop Account, my company's main account and my source of income over the years. I am a macro bull on Bitcoin and basically will treat (for now) my remaining long position as a free call option. $BTC This is a futures chart. My position was in actuals

87.83K
899
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.