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I was just about to go to the forum and start cursing, but when I saw the order book it had already started sending red envelopes to short positions—forget it, market daddy is sometimes still pretty reasonable. When I opened the chart in the morning, the rebound looked lively; in reality, every time price tried to surge it was missing just that last bit of momentum—volume didn’t keep up. I judged this wasn’t a strong breakout, but rather a bull trap caused by pressure at high levels. So, following the signal, I opened a short. I recorded the entry price as 0.06816; the current price has fallen to 0.05582. My current profit is +871.87%—I nailed the timing; it feels great. Here I’m not greedy for the last bite. I’ll close 80%, and keep the remaining 20% for further observation. I move the protection level directly to around the cost basis. If it keeps dropping, I’ll let the profit run; if it rebounds, I’ll still first make sure to secure what I’ve already achieved. Don’t grind away your patience in a range—also, don’t try to win back dignity by betting on a one-direction move. Even if you only make a single percent, as long as you can take it away, it’s yours. Chasing shorts makes it easy to get suddenly pulled back. Consider again when the next wave of signals appears—there are still opportunities. Don’t be in a hurry.
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