Hi guys,
I was trying to figure out the NLF and tried to understand why it was more successful before than now.
We all need to understand that the +$210 TP and the -$70 safety order do no apply anymore.
At the time Petko was shooting the price of BTC was around $4,000 therefore a $210 price move for example was about 5% of variation; the same price movement is now equal to about 0.6% of variation.
Therefore the TP and safety trades of the NLF video are not accurate anymore so probably we are better off calculating these in % of the current price rather than using fixed values?
@Petko do you agree with the above?
Matt