I thought it would have to keep grinding, but it delivered the answer on its own first. While everyone was still watching, $CFX ’s rebound had already clearly lost its elasticity. The price lifted upward without volume to back it up; each time it approached key levels, it fell back. Selling pressure was strong, while buy-side follow-through was weak. This kind of market structure is the worst for blindly chasing long positions.

A few days ago, before bed, I went over CFX again. I executed a long around 0.05811. The key at the time was the same: don’t get thrown off by a short-term spike. Now the price is at 0.04395, and my short position is up +1175.15%. The earlier waiting finally got a response—my discipline wasn’t in vain.

After taking profit, don’t drag it out. Close 80% first, and put the protection level for the remaining 20% near your entry cost. If it keeps dropping, let the remaining position ride along with the profits; if it bounces back, you still need to hold on to what you’ve already secured—don’t let the market take back the results.

Even if you only make one percent, as long as you can take it with you, it’s yours. Even if your unrealized gain is larger, it’s only temporarily borrowed from the market. If you haven’t participated yet, don’t chase the very last leg—wait for the next clear opportunity, and move when the next wave of signals comes.

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