everyone thinks hitting a massive green pnl screenshot means you won the trade, but actually that is where most degens end up giving it all right back to the market.
the hardest part in crypto is never opening the position. it is watching unrealized gains fluctuate while greed convinces you to hold for just one more candle until you roundtrip a bag back to zero.
saw a trader floating +94,127 usdt on a $SUI perpetual long after riding the stream calls, asking if they should just squeeze out one more candle for extra profit. ngl ser, when you are up almost 100k on a $SUI perp while the token is already dipping -1.26%, that is usually the exact moment liquidity dries up and late longs get wiped out.
holding through extended moves like this without taking partials is how solid setups on assets like $APT turn into painful liquidation stories. taking profits is a skill, and treating green numbers on your screen like guaranteed cash before closing the order is the easiest way to get rekt.
how do you guys usually scale out when an open perp is sitting on life-changing unrealized profit?
#CryptoTrading #SUI #FuturesTrading
the hardest part in crypto is never opening the position. it is watching unrealized gains fluctuate while greed convinces you to hold for just one more candle until you roundtrip a bag back to zero.
saw a trader floating +94,127 usdt on a $SUI perpetual long after riding the stream calls, asking if they should just squeeze out one more candle for extra profit. ngl ser, when you are up almost 100k on a $SUI perp while the token is already dipping -1.26%, that is usually the exact moment liquidity dries up and late longs get wiped out.
holding through extended moves like this without taking partials is how solid setups on assets like $APT turn into painful liquidation stories. taking profits is a skill, and treating green numbers on your screen like guaranteed cash before closing the order is the easiest way to get rekt.
how do you guys usually scale out when an open perp is sitting on life-changing unrealized profit?
#CryptoTrading #SUI #FuturesTrading
