$VELVET Too many shorts.

VELVET26.78%
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SeeingThrough
· 20h ago
I'm not sure if I can hold the spot position with a long-term vision.
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mjjtjmmm
· 21h ago
I just set a stop loss at the previous high, I won't take chances.
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mjjtjmmm
· 21h ago
I, with both long and short positions at 0.9 and with no stop loss set, thought it wouldn’t move back very much—after all, it had just dropped so much before.
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mjjtjmmm
· 21h ago
Don't hesitate. Under normal circumstances, after dropping so much earlier, even if there's a rebound to lure buyers, it couldn't have risen this high. That says it all. Don't have any luck-at-your-own-risk thinking😟. It's because of that luck-at-your-own-risk thinking that retail investors end up losing everything, down to their last pair of underwear.
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