The most dangerous thing after becoming profitable is not the drawdown—it’s starting to imagine that the price will definitely reach the top of the box.
For this long position near 62,915, once the profit reaches 1R to 1.5R, I will first take partial profits and move the stop-loss on the remaining position up to break even.
My first target is still 64,000–64,500. If after reaching that level the candles only leave a long upper wick with no bullish K with volume establishing and holding above it, that indicates the sell pressure above hasn’t been absorbed yet—so the 65,000–65,500 top of the box shouldn’t be treated as a guaranteed target in advance.
If the remaining position continues to be unable to break through 64,000–64,500, and the profit then pulls back to 1R–1.5R again, I will exit the entire position so that the profits already captured don’t turn back into mere expectations.
As the weekend approaches, liquidity is usually thinner and price action continuity may also worsen. Intraday trading isn’t about who holds the longest—it’s about who can lock in profits when they should take profit, and pull the plug in time when the move stops extending.
The 100x shown in the chart is only the margin parameter; it doesn’t mean full capital. Risk is always back-calculated based on the stop-loss amount.
For this long position near 62,915, once the profit reaches 1R to 1.5R, I will first take partial profits and move the stop-loss on the remaining position up to break even.
My first target is still 64,000–64,500. If after reaching that level the candles only leave a long upper wick with no bullish K with volume establishing and holding above it, that indicates the sell pressure above hasn’t been absorbed yet—so the 65,000–65,500 top of the box shouldn’t be treated as a guaranteed target in advance.
If the remaining position continues to be unable to break through 64,000–64,500, and the profit then pulls back to 1R–1.5R again, I will exit the entire position so that the profits already captured don’t turn back into mere expectations.
As the weekend approaches, liquidity is usually thinner and price action continuity may also worsen. Intraday trading isn’t about who holds the longest—it’s about who can lock in profits when they should take profit, and pull the plug in time when the move stops extending.
The 100x shown in the chart is only the margin parameter; it doesn’t mean full capital. Risk is always back-calculated based on the stop-loss amount.