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I won't say much more. This short position was really satisfying, but as enjoyable as it is, I truly dare not get cocky. 📉🔥 A few days ago in the early morning when everyone was still hesitating, $JOE 's upward move clearly had no volume - it would spike and then soften. What I saw at the time was resistance at the highs, insufficient buying support, and the fakeout vibe was too strong.
At that time, I set the short entry around 0.04212. The logic was simple: nobody was buying on the way up, the rebound was weak, so don't stubbornly chase longs - short along the key levels. Once you understand, execute. Don't hesitate at the last second. 🎯
Now from 0.04212 down to 0.0284, the return is +641.37%. This is a satisfying trade. ✅💰 The grind earlier was annoying, but once it played out, it was truly rewarding. Those on board should understand the value of this move.
Operationally, I'm closing 80% first, putting the bulk in my pocket. 📌 The remaining 20% is a cost-price protection - if it continues to drop, let the profits run; if it bounces back, don't give back the gains. Take profits when you should. Don't get emotional with profits. 🛑
For those who missed it, don't chase shorts now. Chasing from behind easily messes up your mindset. ⚠️ Jumping in now, the entry wouldn't be as comfortable. Wait for the next clear signal, wait for a retracement confirmation, wait for a more favorable position in the next round. The market never lacks opportunities; it lacks patience. 🔔
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