Posts
avatar

$BTC - My Short Position & Lessons Learned Just to let you all know, I am still in my short position and the photo attached shows my average short entry. One thing I try to do with every trade is critique my execution, regardless of whether the trade ends up being profitable or not. My plan from the beginning was to treat this as an area rather than trying to perfectly time the top. I stuck to that plan, had a clear invalidation, and was comfortable taking the loss if I was wrong. But looking back, one thing I would've done differently is simply be more patient. After such a massive impulse higher, instead of beginning to build my short position into the move, I could've waited for price to slow down, establish a range, and then trade the structure that developed afterward. That would've given me more information and ultimately a much cleaner entry. And remember, no matter how long you've been trading, you're human and you will always make mistakes (even if the trade ends up being profitale), so there's always something you can improve.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment