How is this a rebound? This is CPR for my short-position account, isn’t it? A few days ago, when the afternoon market hadn’t fully started moving yet, I was watching
$ARM ’s rebound. Buying support was insufficient, volume failed to follow, and no one was taking it higher. I was bearish at the time and warned not to be lured in by a single bullish candle. And sure enough, the answer came: from 266.18 to 255.79, the short position gained 76.33%. Nailed it—the timing was spot on.
Don’t let profits go to your head, and don’t despair over drawdowns.
Put risk control first—that’s rationality; cutti