Today’s big jump in SpaceX—this was to be expected, but also outside of my plans:
1) Last Friday, the disclosure of large holdings in SpaceX stocks by major investors was actually to set up tonight’s squeeze. For example, Harvard University, Alphabet, Nvidia—those are strong endorsements. Long-term investors are the ones holding large sums; they don’t care about short-term volatility. So today’s rise is also deliberately released by the main players as good news: first, blow up the shorts, and then use the upcoming stock unlock to force another round where the longs hand over their shares. After the bad news lands, then harvest the remaining shorts.
2) When everyone knows that there will be a stock unlock on the 20th, shorting has to choose a relatively good price, and leverage can’t be too high.
3) I set my stop-loss at 150. In fact, I know that if it breaks above 150, it will most likely just poke up a bit (like a pin) and then continue falling. But for now I’m controlling risk more and not fighting the market. Because after it breaks 150, you don’t know how far it will go. Even low-probability events are still probabilities—many large amounts of money have been lost this way.
Also, I’ve stopped out all my BTC short positions, and the stored short positions.
The stored position is completely against the trend,
and even if the “small弟” is opened as a short, it’s still a position against the trend.
Also, earlier today, the A-share sector for stored/“存储” had a huge bullish candle. Now it looks like holding shorts on stored really doesn’t have much logic anymore—
it seems like in the past half month, there hasn’t been any money made on stored at all.
This should be recorded. To deepen the memory.
The above is only my personal analysis notes and does not constitute any investment advice.
$SKHYNIX $BTC
1) Last Friday, the disclosure of large holdings in SpaceX stocks by major investors was actually to set up tonight’s squeeze. For example, Harvard University, Alphabet, Nvidia—those are strong endorsements. Long-term investors are the ones holding large sums; they don’t care about short-term volatility. So today’s rise is also deliberately released by the main players as good news: first, blow up the shorts, and then use the upcoming stock unlock to force another round where the longs hand over their shares. After the bad news lands, then harvest the remaining shorts.
2) When everyone knows that there will be a stock unlock on the 20th, shorting has to choose a relatively good price, and leverage can’t be too high.
3) I set my stop-loss at 150. In fact, I know that if it breaks above 150, it will most likely just poke up a bit (like a pin) and then continue falling. But for now I’m controlling risk more and not fighting the market. Because after it breaks 150, you don’t know how far it will go. Even low-probability events are still probabilities—many large amounts of money have been lost this way.
Also, I’ve stopped out all my BTC short positions, and the stored short positions.
The stored position is completely against the trend,
and even if the “small弟” is opened as a short, it’s still a position against the trend.
Also, earlier today, the A-share sector for stored/“存储” had a huge bullish candle. Now it looks like holding shorts on stored really doesn’t have much logic anymore—
it seems like in the past half month, there hasn’t been any money made on stored at all.
This should be recorded. To deepen the memory.
The above is only my personal analysis notes and does not constitute any investment advice.
$SKHYNIX $BTC