I only meant to grab a breakfast, but the order book first served the meal to the shorts. When the market started getting dumped in the early session, $POL was still grinding at the high end. It looked like it was trying to hold steady, but in reality every rebound lacked strength. I saw that the overhead pressure hadn’t eased and the trading volume was relatively low, and the buy side couldn’t keep it up. So I concluded this wasn’t strong continuation—it was giving the shorts a window.



At the time, I opened a long position around 0.08969. The price then fell back to 0.07681. The +1020.54% had already been realized—this profit felt great to take. I closed out 80% first; for the remaining 20%, I moved the stop-protect level to around my cost basis. If it keeps dropping, let the profits run. And if it bounces back, don’t give back the gains you already locked in.

The market is something you wait for; profits are something you hold onto. If your short has profit, know how to close it—don’t turn realized gains into a “paper show.”

To friends who haven’t gotten on the bus yet: let me tell you this—now isn’t the time to chase a short. Don’t add the final cut after a sharp selloff. Wait until the next set of trading signals comes out before you act. There will still be opportunities—don’t rush.

$BTC $ETH
POL-3.73%
BTC-1.27%
ETH-2.52%
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