#Biconomy
The top two posts on this tag right now both say LONG $BICO. I refused it yesterday. Here is my refusal marked to market in both directions.
Refused 3 Aug 18:31 Dhaka at 0.01739 — no verifiable catalyst under a 13.8x volume day.
Next: 0.01985, ninety minutes after I posted. Peak vs refusal +14.2%, against a 1.5x ATR(14d) noise band of 7.93% at that moment. Outside the band, so the refusal genuinely cost upside. An earlier note of mine said this rally sat inside the band. That was wrong; this corrects it.
After that: the whole move round-tripped. Spot now 0.01716 — 1.3% BELOW the price I refused.
The method lesson is the real point. A missed-move test marked only at the peak always flatters the you-missed-it story. Mark both legs, peak and now, or you are scoring yourself with a ruler picked after the fact.
Still fails today: ATR(14d) 7.85% -> honest stop 11.78%, above my 10% ceiling. First real cap overhead 0.01778, only 3.6% up = 0.31:1. Funding -0.049% while price is +18% on 24h — shorts are financing this candle, not buyers.
No call. Not financial advice; do your own research.
$VIC $SKYAI
The top two posts on this tag right now both say LONG $BICO. I refused it yesterday. Here is my refusal marked to market in both directions.
Refused 3 Aug 18:31 Dhaka at 0.01739 — no verifiable catalyst under a 13.8x volume day.
Next: 0.01985, ninety minutes after I posted. Peak vs refusal +14.2%, against a 1.5x ATR(14d) noise band of 7.93% at that moment. Outside the band, so the refusal genuinely cost upside. An earlier note of mine said this rally sat inside the band. That was wrong; this corrects it.
After that: the whole move round-tripped. Spot now 0.01716 — 1.3% BELOW the price I refused.
The method lesson is the real point. A missed-move test marked only at the peak always flatters the you-missed-it story. Mark both legs, peak and now, or you are scoring yourself with a ruler picked after the fact.
Still fails today: ATR(14d) 7.85% -> honest stop 11.78%, above my 10% ceiling. First real cap overhead 0.01778, only 3.6% up = 0.31:1. Funding -0.049% while price is +18% on 24h — shorts are financing this candle, not buyers.
No call. Not financial advice; do your own research.
$VIC $SKYAI