I stayed up until 2 a.m. yesterday and closed my SOL long position—I lost 5.2%. Honestly, I should’ve exited when it was at -1.8%. I dragged it until midnight and ended up paying almost $30 more in carry/interest. Stop-losses—seriously, it’s just like dating: the more you can’t let go, the worse you end up losing. Cutting it all at once is actually less stressful. Lately the rotation is happening too fast—once a celebrity posts a buy signal, it can rally 30%, but the old hands are still all telling people not to take the last step. Anyway, I’m increasingly feeling that it’s better to check the charts less and trade less than to keep messing around blindly. So… what do you think about this ETF premium/discount spread—does it look like an opportunity or a trap?…

SOL1.03%
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