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That's brutal! With this drop, those who chased the long positions a few days ago must be silent.📉🚨 A few days ago in the afternoon, $POL was still stubbornly holding up there. Many people saw that it didn't fall and wanted to go long, but I felt that the more it held, the weaker it became.
While everyone was still waiting and watching, I focused on the rebound strength of POL and found that volume didn't follow. When it went up, there were no takers. Every time it rallied, it fell short.👀 I don't like chasing in such a market. Instead, I prefer to wait for it to face pressure and then go long.
As a result, it dropped from 0.08969 to 0.07566, with a gain of +1110.73% 🎯🔥 This wave was not driven by impulse; it was about waiting for it to reveal its weakness. With the rhythm right, it feels good.
Some money is not earned by impulse.
Take profits when you should.
Position management is simple: first close 80% and put it in the pocket.✅💰 The remaining 20% is protected by cost price. If it continues to fall, let it go; if it rallies, don't stubbornly hold on.📌
If you missed it, don't chase.⚠️ Good positions are found by waiting, not by chasing. Wait for the next signal before acting. The market doesn't lack opportunities; it lacks patience.🔔
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