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Today's market movement, to be honest, has made me more certain of one thing: in a weak market, what we fear most is not the drop, but fake rebounds that cause misjudgment. $MU's previous few pullbacks didn't change the structure, which is why I continue to be bearish.
My short position was opened at 991.10, and at that time I was watching for a failed reaction after resistance above. The price went all the way down from the entry to 916.77. Although there were fluctuations in between, the overall rhythm did not deviate from expectations.
The current return is +361.41%. At this point, I will no longer use greed to manage the position. Profit protection, controlling drawdowns, and observing structural changes are more important than staring at every tick.
The reminder from this trade is straightforward: profitable short trades test your execution more. Don't be scared away by short-term pullbacks, and don't lose discipline because of profits.
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