Me watching $BTW sit in a -$2,565 floating loss while everyone thinks the short is finished đ
Yeah⊠this position is ugly right now.
But this is exactly why I keep saying position size matters more than confidence.
$BTW is still doing what I thought was possible squeezing shorts higher and giving buyers more hope around the $2 psychological area.
Iâm not changing my whole view just because the trade is temporarily red.
The move Iâm watching now is a possible final push into roughly $2.00â$2.18, and after that I want to see whether the structure finally starts breaking down.
My bigger downside idea is still there.
But one thing is important: conviction doesnât mean risking your whole capital. A good analysis can still have bad timing.
Right direction with bad risk management can still destroy an account.
So yeah⊠for now, this is literally me watching $BTW đ
Thesis still alive. Ego not involved. Risk under control. Now let the market prove me right or wrong.
Yeah⊠this position is ugly right now.
But this is exactly why I keep saying position size matters more than confidence.
$BTW is still doing what I thought was possible squeezing shorts higher and giving buyers more hope around the $2 psychological area.
Iâm not changing my whole view just because the trade is temporarily red.
The move Iâm watching now is a possible final push into roughly $2.00â$2.18, and after that I want to see whether the structure finally starts breaking down.
My bigger downside idea is still there.
But one thing is important: conviction doesnât mean risking your whole capital. A good analysis can still have bad timing.
Right direction with bad risk management can still destroy an account.
So yeah⊠for now, this is literally me watching $BTW đ
Thesis still alive. Ego not involved. Risk under control. Now let the market prove me right or wrong.