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Missed the take-profit—just treat it as the pocket money the market gives. 😂
When I saw $COLLECT right after the dump early in the session, it wasn’t just a brainless short; the rebound was especially weak. Push it up a bit and it gets pushed back down, and the trading volume didn’t keep up either. At that time, I said don’t get fooled by a fake bounce.
I placed the short around 0.04348. During the session it kept being pushed down to 0.04259. The PnL showed +40.3%. This piece of meat was eaten comfortably—no wasted time holding through the session.
Some money isn’t made by impulsiveness.
If you understand, execute—don’t hesitate at the last step.
As for position sizing, I’m not greedy. Close 80% first. The remaining 20% is protected at the cost price. If it keeps selling off, then keep holding; if it rebounds, don’t get overly attached.
Friends who haven’t caught up yet, don’t be in a hurry. This is not the time to rush in. Good setups are the ones that wait for you—not the ones you chase. Wait for the next signal, then act. Just sit tight for good news.
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