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James's avatar

Hi Tim, just wondering when your TP levels are hit is that when you will completely exit each coin or will you begin to scale out? I'm also following Project10X on eToro and on here and he has 3 levels to take 20/20/60 out so I was just wondering what your plan is? Thx

Panic Drop -  Timothy Assi's avatar

Hi James, good question. For trades I always take full profit at the TP and cut loss at the stop loss.

Only when a coin is really strong like AAVE, I will scale out at a resistance level. 20/20/60 is a good way to scale out. The coins with a * (star sign) in the report are the stronger coins where you can scale out.

On eToro I also scaled out on XRP at resistance levels. However, as long as the chart remains bullish (and on my list), I will keep some allocation in my portfolio untill the trend changes.

Let me know if this answers your question.

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