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When gods fight, mortals suffer—what should you do if a short position gets trapped?
Retail investors are more tormented than ever before. The U.S. has perfected the art of “fighting while negotiating,” but unfortunately, they ran into Iran, this stubborn hardhead. No choice—when you carry out a decapitation operation against someone else’s leader and try to seize someone else’s oil, even I would choose to fight to the death. With the knife at your neck, if you don’t resist now, you can only wait to be erased from the Blue Planet.
You don’t have to think about the morning early-session rally—it’s just another line drawn by Atte himself. If it drops sharply right at the open, to be honest, I might not even dare to chase a short. Chasing rallies and killing the trade is a big taboo in trading. In the evening, when Atte delivers a speech, it’s easy for prices to get pulled back. But if it jumps away from the rally, then you must short—no matter what—even if the move unexpectedly continues higher and sweeps losses, you still have to short once. Chasing the highs is impossible.
Opening a position takes courage; holding a position requires conviction. Friends who hold short positions, be patient and hold on. Remember: don’t add to your position casually. If this market starts to fall, it can drop very quickly. Tonight, U.S. stocks will most likely open higher and then trade lower. After being closed for two days, once trading resumes, capital flows into the market will increase significantly, boosting liquidity. Just be patient and wait for the wind to come!