Here is a fascinating market lesson, at the 64k lows, bears were prevalent. They got obliterated in the biggest short squeeze in history. Then they tried again at 79k, they got liquidated again. At 82k, almost none were left, they were demoralized. Still got liquidated again. At 87k, basically nobody went short except one giga chad who shorted the exact yearly open and must have printed insane profits by now. He also positioned his stop loss at an ideal distance. Study this guy. The lesson: Don't follow the crowd, if everyone is shorting, the odds are stacked against you. Wait until nobody wants to talk about going short
Karl 📚🧮Share
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