Sold the $WhiteWhale position this morning. This move was mainly to cut losses; I might consider rebuilding the position after finding a support level. However, the current market pattern is indeed still in transition, with hot spots shifting between different sectors. So the key is to choose the right direction—don't blindly chase the trend; you need to clearly identify where the support and resistance levels are.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
5
Repost
Share
Comment
0/400
OfflineNewbie
· 9h ago
Setting stop-loss correctly is much better than holding on and risking a bigger loss.
View OriginalReply0
MemeTokenGenius
· 9h ago
Stop-loss is also about capital preservation, smart.
View OriginalReply0
LongTermDreamer
· 9h ago
Setting a stop-loss is quite wise. Looking back after three years, this cut might have been the best decision.
View OriginalReply0
Deconstructionist
· 10h ago
Setting a stop-loss is the right move, don't overthink it. The question is, can we wait for that support level later...
View OriginalReply0
GweiWatcher
· 10h ago
Stop-loss is all you need, don't overthink it. Where's the next hot spot?
Sold the $WhiteWhale position this morning. This move was mainly to cut losses; I might consider rebuilding the position after finding a support level. However, the current market pattern is indeed still in transition, with hot spots shifting between different sectors. So the key is to choose the right direction—don't blindly chase the trend; you need to clearly identify where the support and resistance levels are.