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Did I just sleep for hours and my account grew on its own? This morning when I opened the chart, the short position from that drop in $PARTI a few days ago directly gave the answer. In my last look before sleeping, I saw its rebound lacked strength, volume was shrinking horribly, and price was being held down above—at the time I already reminded myself not to chase too much; the shorts were clearly in control of the rhythm.
Short entered around 0.06088; now the price has moved to 0.03058, return rate +1222.86%. This bite of profit feels great—no wasted time staying up, and my emotions have been brought under control by the chart 😄
Take profit when you should.
Plan your trade, trade your plan.
Over here, I’ll close 80% first; the remaining 20% will be protected at the cost basis. If it continues breaking down further, I’ll let the profits run. If it bounces back, I won’t allow the gains to turn back into a key level.
Friends who haven’t gotten on board yet, hear me out: chasing a position makes it easy to get stuck at the top of the mountain, and chasing the low makes it easy to get swept. Wait until a new structure forms before looking again—there will be opportunities afterward.
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