$BTC $XBT Short Thread: I clearly don't have a good enough understanding on liquidity pools given my poor trade today, where I shorted too low (6.9k). I went back and checked out some of the #Bitcoin reactions to certain lvls and how I can trade this going forward.
I'd also like to preface this thread by saying I'm likely totally wrong about all of this so take w. a grain of salt. This is just me typing out thoughts hoping others will lend opinions. I swing trade #altcoins and I work w. the 4h and 1D mainly. Scalping is new to me.
Some notes 1: This is an area where big players got liquidity from a retail trader in mind. You can see stop runs, SFPs, etc. Big players say "your stop is my entry"- this is true. $BTC on March 23rd.
Some notes 2: $BTC on March 30th. Both of these notes are from the perspective of the general retail trader aka me.
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