Remember, yesterday the plan was simple: discipline and observation. My balance was stuck at $47.75 after our first loss. Many of you would have forced an entry out of boredom or to “get revenge.”
Not me. I held on.
The hunt is on
This morning, the perfect opportunity presented itself. A token I’d been watching for 48 hours (low-key, with a strong RWA narrative) confirmed a break of technical structure I’d been waiting to retest.
That’s when I pulled the trigger.
My game plan for Trade #2:
The stake: I put $20 into SPOT (a little over 40% of my available capital). This is the time to be aggressive with a high-conviction setup.
Invalidation (Stop-Loss): Strictly set at -10%. If I’m wrong, I lose another $2. No big deal.
Exit (Take-Profit): I’m aiming for +35% on this impulsive move. If it hits, we’ll bank a net gain of +$7 and get the engine running upward again.
Here’s why this trade is crucial:
It’s not just about money. It’s about validating our discipline. If this trade works out, not only will we erase the loss from Trade #1, but we’ll also set the account on a new trajectory. If the Stop-Loss gets hit, we’ll have followed the plan. There’s still $27.75 in cash.
Current snapshot (Day 5):
Total balance: $47.75 (cash + trade value)
Invested: $20
Available cash: $27.75
You don’t win a war in a day, but one trade at a time.
Today’s dilemma for you: You’re holding the same token and are already up +10%. What do you do?
Do you move the Stop-Loss up to your entry price (break-even) to lock in your gains?
You’re doing nothing and sticking to the original plan? Share your thoughts in the comments.