First of all rest assured that any losses that the trade is showing will likely be closed in profits or breakeven, so there’s no need to panic.
Since our launch in September 2022, we’ve consistently utilized our signals to generate profits. Our trading journey has been marked by a string of successful trades, each of which was closed either in profit or at breakeven. At most, we’ve only gone as far as the fourth entry of a trade. We take money management and risk management extremely seriously, and we’ve incorporated both principles into our signals to ensure the highest possible level of accuracy and reliability.
By checking the liquidation price of your trades, you can easily see that we are significantly far from reaching that price. For example –
This one of my opened trade for short position look how far away is the liquidation price from the current price :
In trading, it’s common to experience situations where a trade takes longer to close than expected and keeps opening new entries. For such cases we, it’s important to adjust your take profit each time a new entry is made. This is because the initial take profit that the bot sets when opening a trade may no longer be appropriate for the current market conditions.
BitsTurtle Invincible Signals is designed to run on autopilot. Nothing needs to be done manually.
About 8% of the total signals sent by BitsTurtle will be taking more than 1 entry. You’ll be profiting from the rest of 92% of the trades. You can leave the bot running on autopilot and not worry about it. It’s important to note that if you choose this option, the trade is likely to close in breakeven.
But…
If you don’t mind doing some manual work for extra profits then adjusting your take profit as the trade progresses allows you to lock in profits.
Once the trade has made all three entries specified by your signals, you have the option to manually make more new entries for the trade. However a trade making more than 3 entries happens very rarely.
To learn about how to edit take profit and make new entries for a trade you can follow this article.