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A few days ago, this wave of long orders from $RESOLV was cashed out pretty directly. It had been going sideways for so long beforehand, so it’s not true to say I wasn’t anxious—especially with a move up and then a drop back down; that kind of price action is the easiest to wear people’s minds down.
The points I was paying attention to at the time were simple: when it pulled back, was there someone taking it? It looked weak, but in reality every time it got hit down, it didn’t break the rhythm. For that kind of market, I actually don’t want to get off the trade too quickly.
Afterwards, when the pump came, the earlier fake breakout and the washout all made sense. The market’s feedback was very straightforward. In the end, this trade produced a +866.7% result, and only then did I finally let out the tension in my chest.
The biggest takeaway this time isn’t how much I made—it’s that once you’ve seen the direction correctly, don’t get led astray mid-way by the noise. A lot of the time, profit isn’t chased out; it’s made by enduring through the uncomfortable period.
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