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My hand trembled slightly as I set the stop-loss a few days ago, only to discover this morning that the filial piety was unnecessary. $ARB Honestly, I never expected this long position to go so smoothly—from 0.10851 to 0.11083, with +122.22% sitting right there. It feels great to look at.
During the intraday bottoming process, the price kept testing around 0.10851. I watched it the whole time: it was forming a bottom without breaking down, and it could still hold after the retests—that was a good signal. I confirmed it several times before calling for a long entry around 0.10851. The screen was all green at the time, and many people were afraid another big bearish candle would come. I understand that panic, but the order book doesn’t lie.
Now 0.11083 has been pushed up, +122.22% in hand, so the wait wasn’t in vain. The earlier action was truly sluggish, but the breakout feels truly satisfying. This meat tastes great, brothers.
Position management: Take profit on 80% first, and move the stop-loss on the remaining 20% to the entry price for protection. Let the profit run on its own. Experts die trying to catch the bottom, retail traders perish chasing orders, and smart people live in the present. Even if you only make one point, whatever you can take away is yours; however much unrealized profit there is, it belongs to the market.
Don’t rush to chase now. The market never lacks opportunities; what it lacks is patience. I’ll call out the next signal when it appears. Wait for the next shot.
$DOGE $ETH