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Seriously, this market really knows how to mess with people, but this drop is truly satisfying! 📉🔥
A few days ago in the afternoon, $FOLKS was still oscillating at a high level. Many people wanted to chase it because it hadn't dropped, but I was more cautious. Volume wasn't following, and there was no one to buy when it went up.
During the intraday topping process, I kept watching the rebound quality of FOLKS. 👀 Every time it tried to go up, it was pushed back. Buyers didn't dare to push hard, but selling pressure was obvious. At that time, I judged that it wasn't strong but weak, so I opened a short position around 2.561 as planned.
Now it has reached 1.886, with a return of +1269.29%. The short position has been cashed out, and I handled it very comfortably! 🎯💰👏
Some money isn't earned through impulse.
Take profits when you should.
The handling of this wave was simple: first close 80%, and protect the remaining 20% at cost. ✅🛑 If it continues to drop, let the profits run. If it bounces back, don't linger, and don't disrupt the rhythm you've established. 📌
If you missed it, don't chase. ⚠️ Good positions are waited for, not chased. Wait for the next clear signal, wait for a pullback confirmation before looking at the next move. 🔔
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