If you're still closing every red short before you know why it moved, stop now. That habit is how a manageable drawdown turns into a hole you can't trade back.
The pain isn't one bad candle. It's exiting because the number looks ugly, then watching the same move do what your plan already expected.
A recent 30-day profit board still shows a closed short on $RLC perps at -1,244.10 USDT, about -6.42%. One camp calls that discipline: cut the loser, keep the account, live to trade $BTC tomorrow. The other looks at a 6% print against roughly 246.2k of activity and says the close was the expensive part. I side with the second view. Paying more than a thousand USDT to escape a thesis you haven't actually invalidated is how traders convert noise into a permanent loss.
Would you have held that $RLC short, or taken the hit and moved on?
#RLC #PerpetualFutures #CryptoTrading
The pain isn't one bad candle. It's exiting because the number looks ugly, then watching the same move do what your plan already expected.
A recent 30-day profit board still shows a closed short on $RLC perps at -1,244.10 USDT, about -6.42%. One camp calls that discipline: cut the loser, keep the account, live to trade $BTC tomorrow. The other looks at a 6% print against roughly 246.2k of activity and says the close was the expensive part. I side with the second view. Paying more than a thousand USDT to escape a thesis you haven't actually invalidated is how traders convert noise into a permanent loss.
Would you have held that $RLC short, or taken the hit and moved on?
#RLC #PerpetualFutures #CryptoTrading