A few days ago, after that $VELVET failed rebound, the market flipped to weakness straight away, and the short position outcome was quickly realized. From the entry price of 1.66025 to the current price of 0.52426, the return was +678.62%—this drop is a verification that the high was under pressure.

But this trade wasn’t a smooth ride all the way. The stop-hunt spikes and the rebound in between were pretty annoying. Especially after you have some floating profit, the biggest fear is wanting to “hold with conviction,” while also being afraid of giving everything back—people’s hands are very easy to override their brains.

So later I handled it in batches using an 80/20 approach, and I no longer moved the protection level around at random. Profiting from the drop doesn’t mean you need to take every leg full-sized. Long-time players only understand after suffering losses: once the short is realized, first protect your profits—don’t let a rebound throw off your rhythm.

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