BTCUSDTBitcoin / DollarBITFINEX:BTCUSDboorboorha📉 SHORT Position & Risk Management — BTCUSD In this trading setup, we aim to execute a SHORT position on Bitcoin while strictly applying risk management principles. 🎯 Position Specifications & Price Targets: Position: SHORT Stop Loss (SL): 1.98% Take Profit 1 (TP1): 2.40% Take Profit 2 (TP2): 3.75% Take Profit 3 (TP3): 5.20% Risk/Reward Ratio (R/R): 2.69 💡 Risk Management Example (10% allocation on a $1,000 account): If your total account balance is $1,000 and you allocate 10% ($100) with 5x leverage, your total position size will be $500. The profit and loss breakdown is as follows: 🛑 Stop Loss (SL): If SL is triggered, a loss of $9.90 is recorded (representing only 0.99% of the total $1,000 account). 🎯 Take Profit 1 (TP1): Realized profit of $12.00 (12% return on margin). 🎯 Take Profit 2 (TP2): Realized profit of $18.75 (18.75% return on margin). 🎯 Take Profit 3 (TP3): Realized profit of $26.00 (26% return on margin). 📌 Trading Note: Once price reaches TP1, it is strongly recommended to move your stop loss to entry (Risk-Free) and take partial profits to secure gains and eliminate downside risk for the remainder of the trade. Technical Analyst: Amirhassan Salek