I’m sitting at a -5,478.65 USDT loss on my $ETH short. The market kept climbing while I was waiting for the pullback I’d been counting on, and each tick dug me deeper.
My plan now is simple: I’ll tighten the stop to limit further bleed, then watch the next major resistance level. If it finally breaks, I’ll close and take the hit rather than let the position fester.
Do I wait for a clear reversal signal, or just cut the loss now?
My plan now is simple: I’ll tighten the stop to limit further bleed, then watch the next major resistance level. If it finally breaks, I’ll close and take the hit rather than let the position fester.
Do I wait for a clear reversal signal, or just cut the loss now?