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Honestly, this empty (short) position feels really satisfying. When $SUI surged up in the beginning, many people were still shouting to keep pushing higher. At the time, I wasn’t focused on how much it would rise—I was focused on whether, once it went up, anyone would be willing to keep taking it. The answer was obvious: no.
The entry price was 1.0030. Now the price has been pushed down to 0.7231, and the profit has already climbed to +1344.38%. The key is right here: resistance at the high isn’t just a slogan. Only when the price repeatedly fails to break through, and the key levels start to shift downward, does the certainty of the shorts slowly emerge.
Now you don’t need to get overly excited. I’ll split the position into an 80/20. The bulk will take profit first, and the smaller portion will continue following with a protective stop. Since the profits have already been released, don’t keep using fantasies to bet that you’ll catch every segment to the fullest. Trading isn’t about who shouts the loudest—it’s about who survives the longest.
If you didn’t catch up, don’t feel regret—there are opportunities every day. Chasing in right now can easily get you “educated” by a snapback. Don’t chase; wait for the next signal to be clear before moving.
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