This wave of shorting $EWY really feels like a replay of the old market. The high looked strong, and many people rushed to chase it, but I didn't move at the time, because the more smoothly it rallies, the more likely it is to push people's emotions to the peak.

Earlier, I had already noticed the key resistance level above EWY. What actually made me pull the trigger was that after the high, it pulled back and failed to hold. From 198.58 all the way down to 176.31, there were also pullbacks in between. The hardest part wasn't the direction, but the fear of being shaken out.

Now the feedback on this trade is +275%. I didn't plan to scoop the very last bit. After the short was realized, I first moved the stop down, took partial profits in batches, and let the rest play out on its own.

Many people lose because they think "it can still go lower after falling," but in reality, you're more prone to mistakes when you're already in profit. I won't chase at this level. If I miss it, I miss it. I'll wait for the next truly comfortable opportunity.

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