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I was already preparing to shut down the software, but then it pulls this on me. 🔥
A few days ago, during the $BTW rebound in the early morning, it looked pretty lively, but what I was watching was the follow-through—once it popped up, nobody was picking up. As soon as the sell orders got pressed, it turned weak. I don’t like chasing longs in this kind of market, so I directly stick to the plan and go short.
Entry reference: 0.062001. Now the price has moved to 0.058597, and the profit is already up to +54.37%. It was really tedious earlier, but exiting was also genuinely great.
When it’s time to take profit, take profit.
When you’re making money, the biggest fear is suddenly getting carried away.
For this trade, I’ll close 80% first. I’ll take the bigger portion and put it in the pocket. The remaining 20% will be moved to around the cost basis for protection. If it keeps going lower, let the profit run on its own; if it bounces back, I won’t let the gains turn into an uncomfortable situation.
If you missed it, don’t force a chase. Jumping in now makes it easy to get washed back and forth. Wait for the next shot—move only when the position feels comfortable. The market isn’t short of opportunities; it’s short of patience.
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