$DEXE spot funds are still flowing in, reaching 9 million. Contract funds are still flowing out, reaching 20 million. The spread is more than ten basis points—this is a push aimed at going to zero. I don’t know how many people they’re going to bury.
Last night my instinct was that it would keep dropping without end, but I’m also scared by the bounce that wrecked the shorts. Along the way, whenever I saw signs of a rebound, I took profit. Around 8–8.2, it looked like a phase top, so I had a lot of sell (short) orders placed. I didn’t expect the final move to rebound all the way to 8.25, and that stopped out most of my position. Before bed I also placed some take-profit orders at 5–7. After waking up, all that’s left is this small bit of position—I'll just hold it and watch what happens.
Last night my instinct was that it would keep dropping without end, but I’m also scared by the bounce that wrecked the shorts. Along the way, whenever I saw signs of a rebound, I took profit. Around 8–8.2, it looked like a phase top, so I had a lot of sell (short) orders placed. I didn’t expect the final move to rebound all the way to 8.25, and that stopped out most of my position. Before bed I also placed some take-profit orders at 5–7. After waking up, all that’s left is this small bit of position—I'll just hold it and watch what happens.
