I've already gone numb! $RAVE Review, short position lost 11.7%, my own fault, writing it out

Short opened at 0.6671 on May 3rd, the logic was sound, retail traders 75% long, funding rate positive, the signal for the big players to harvest was very clear. The direction was also correct, with the highest unrealized profit reaching 9.3%, then moved to around 0.6045

And then? After posting, I forgot to take half profit around 0.61. Not because I didn't know, but because I was greedy, wanted to catch 15%, but ended up not taking any profit

Later, open interest increased by +27.8% in one day, funding rate turned positive from negative, the long-short ratio jumped to 76/24. When these three signals appear together, it’s telling you: new longs are rushing in wildly, the big players are about to reverse, and the shorts are about to be squeezed. Did I see it? Yes. Did I act? No

No trailing stop was moved, all unrealized gains of 9% were given back, I immediately set a stop loss, exiting with a loss of 11.7%
If I had taken half profit at 0.61, the remaining position would have been stopped out, resulting in a mixed loss of about 1.5%. The gap from a 9% profit to an 11.7% loss is just greed’s price

Changed the rule: when unrealized profit exceeds 6%, take half profit immediately, no conditions. When open interest surges + funding rate turns positive simultaneously, regardless of profit, set a trailing stop immediately. If not executed well, even the best logic is useless
#WCTC交易王PK