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Not to mention, today's move was really decisive. 📉🚀
A few days ago in the afternoon, $EDGEX was still consolidating at the top, as if to continue the performance, but then the market loosened, and the bears cashed in all the previous hesitation.
During the intraday topping process, I saw that EDGEX struggled with every rebound, with clear resistance above and insufficient volume. That position looked lively, but actual support was weak, so I didn't chase longs at that time, but waited for the bearish rhythm to emerge and executed a short 👀
From 0.3128 to 0.3003, now profit +192.44%, this wave was handled very cleanly ✅🔥
Good positions are waited for, not chased.
Chasing the tail end gets you hit.
In handling, don't be greedy, first close 80%, put the bulk in your pocket 💰, the remaining 20% protected by cost price, let the profit run if it continues down, and don't let the profit become painful if it pulls back 📌
If you missed it, don't chase; chasing the tail end easily messes up your mindset ⚠️ Wait for the next clear signal, wait for the next more comfortable position, move when the rhythm is right, there will be opportunities later 🔔
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