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This short position has no tricks—just waiting for confirmation of resistance at the high before taking action.
When $MYX repeatedly couldn’t push through at the front, I had already started watching the key zone. Before the signal appeared, I noticed changes: the upward pushes were getting weaker, and the pullbacks were getting stronger. A lot of people see the rise and want to chase, but at that moment I cared more about whether the price could hold its ground. The answer was straightforward: it couldn’t hold.
My opening position was around 0.1975. Now the chart has been pressed down to 0.0756, and my position profit is +1216.28%. This isn’t just a simple pullback—the short side’s rhythm has already played out. Once the room for volatility opens up, moving with the trend is far more comfortable than trying to guess the bottom.
But in the profit phase, you still need to stay calm. If your position is heavy, you can first handle it with an 80/20 approach—keep a portion to continue watching, and move your protection level up so you don’t let your profit retreat significantly. In the contract context, the most painful thing isn’t making a little less—it’s being taken away by greed even when you’re right.
If you didn’t catch it, don’t chase. Don’t chase the trade—wait until the next spot with stronger certainty before you act.
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