Just finished lunch and checked the chart—suddenly the price on the screen started to turn bearish. It had been pretending to be strong only a moment ago, and then it immediately moved down to test key support levels. When the market keeps oscillating during the session, $WIF ’s rebounds never manage to hold onto sustained buy pressure. The moment sell pressure shows up overhead, the price drops. In this kind of weak follow-through situation, I’d rather wait for the shorts to confirm.



After going long around 0.1891, the chart didn’t give the long side too many chances afterward. The current price is at 0.1531, and the return rate shows +916.8%—the timing was spot on.

When it’s time to take profit, take profit. First, close 80% of the position, and use the remaining 20% to push the stop level near the cost basis. If it keeps moving lower, let it run on its own. Even if there’s a sudden rebound, it won’t cause me to give back the profits.

Risk management comes first—that’s called rationality. Cutting after a loss is called “a warrior’s severed arm.” Now isn’t the time to chase shorts. There will be opportunities later—when the next batch of signals comes out, I’ll make a move.

$BTC $ETH
WIF-0.85%
BTC-1.03%
ETH-0.57%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned