It’s normal that people start yelling the moment they’re in floating loss. Before I started doing copy trading, when I was trading on my own and had floating losses, you can see that too—yet nobody was yelling. Many people say that after doing copy trading, the trades will “change shape.” Whether the trades change or not depends on my mindset. I’ve been trading for so many years, and my mind is as steady as a rock. I just need to stick to what I’m supposed to do. Let’s leave it
Now let me talk about the SPCX I mentioned earlier. People who truly understand the logic are bearish on SPCX. The day I posted, the price was at 108. I said the opportunity is around 80–90. Then the price surged from 108 all the way up to yesterday’s 130. And now some people say, “You were wrong—how could you be like this.” First of all, I’m in an entirely cash position for SPCX. At low levels I have no positions—I won’t add long or short. If I get the chance at 80–90, I’ll trade that wave. If not, I won’t do anything. Whether it goes up or down from here has nothing to do with me. So why do people think SPCX will fall? The logic is simple: the valuation is too high. For a company like this to become profitable, it needs a technological breakthrough. As for space research, even if we say it conservatively, it takes at least a few years; in the bigger picture, i
Now let me talk about the SPCX I mentioned earlier. People who truly understand the logic are bearish on SPCX. The day I posted, the price was at 108. I said the opportunity is around 80–90. Then the price surged from 108 all the way up to yesterday’s 130. And now some people say, “You were wrong—how could you be like this.” First of all, I’m in an entirely cash position for SPCX. At low levels I have no positions—I won’t add long or short. If I get the chance at 80–90, I’ll trade that wave. If not, I won’t do anything. Whether it goes up or down from here has nothing to do with me. So why do people think SPCX will fall? The logic is simple: the valuation is too high. For a company like this to become profitable, it needs a technological breakthrough. As for space research, even if we say it conservatively, it takes at least a few years; in the bigger picture, i