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Just as I finished watching the bearish move, the market suddenly pulled up a bit. I almost thought the bulls were going to turn it around, but in the blink of an eye it was pushed back down again. I also didn’t expect it to deliver results this fast—this time $LAB was actually very cooperative.
I noticed that every time it surged, it seemed to fall just short by a breath. The resistance overhead was clear, and the buy orders didn’t keep rallying with sustained momentum. So I judged that the rebound lacked strength, and during the session I prompted to observe short positions. The reference opening price was 4.25647. Wait for confirmation—don’t fight the first spike high candle.
Now the price has pulled back to 0.1472, and the short has been realized, with the return rate recorded at +1900.8%. If you’re not confident in the trade, look at it to stay clear-headed—blindly chasing in would be foolish. This time it was waited for, not rushed for.
Position management stays the same: take profit on 80% first, and move the stop/protection level of the remaining 20% to around the cost basis. If it continues to drop further, let the remaining profits extend; if it suddenly bounces back, you still can’t give back the portion that’s already been realized.
The setup is what you wait for, and the profits are what you hold onto. This isn’t the time to rush. Missing this leg shouldn’t make you regret it—when a new structure appears, I’ll give a prompt immediately, and in the next round I’ll look for a comfortable entry again.
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