$SNDK I see, many people are asking about SanDisk like this, is it? I don’t hold any SanDisk anymore. After I took down the short position on the exchange, I had no position; that’s also my problem—I didn’t keep following it.
But with SanDisk’s current price, shorting has no advantage at all. The best short opportunity would be to remove the liquidity above, then let it drop back, with the stop-loss placed at the prior high. Going long is also fine—either break out and chase, or break out, pull back, and then chase. If it drops back, stop out.
When trading, don’t make predictions—only trade within expectations. If you’re not sure about the market, then use a small position to scratch the itch, and that’s enough. You may not get rich overnight, but you can accumulate gradually.
But with SanDisk’s current price, shorting has no advantage at all. The best short opportunity would be to remove the liquidity above, then let it drop back, with the stop-loss placed at the prior high. Going long is also fine—either break out and chase, or break out, pull back, and then chase. If it drops back, stop out.
When trading, don’t make predictions—only trade within expectations. If you’re not sure about the market, then use a small position to scratch the itch, and that’s enough. You may not get rich overnight, but you can accumulate gradually.