I haven't done much recently, just two things:


1) Bought SNXX on Tuesday, consistent with my judgment of a deep V reversal at $1,500.
2) Last Friday, I sensed something was off and rolled all my Puts when the price broke below 1,800.

I don't understand why people would miss a rebound just because they closed their short-term positions. If a short-term trade goes wrong, it goes wrong—just cut your losses. You need to use new short-term trades in the new market environment to earn back with a more "correct" stance and higher win rate.

If you can't do that, it means you're not cut out for short-term trading. Honestly, neither am I. I suggest everyone stop doing short-term trading.

P.S. The "correct" here is relative. For example, chasing highs at the peak is wrong.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned