$SAND lacks vision, but I still managed to profit from it
This SAND really doesn't encourage holding long-term; the profit margin is thin as paper, yet this bite is particularly tasty. It jumps up and down during the session, every time it rallies it runs out of steam, volume plays dead, and sell orders above form a wall. I dropped a line in the channel: the rebound is fake, try shorting. Back then, few dared to reverse positions.
Tried going long at 0.07153, originally only planned to hold a segment. Came back from lunch to check the chart: 0.087, +22.36% already set to sell. The timing was spot on, not luck but endurance. Took profit on 90%, kept 10% to protect the position by moving stop to cost, no chance to give back profits on the pullback. With the big chunk secured, my mind was at ease.
Profits come from realized understanding; losses come from gaps in understanding. The market specializes in curing "I'm the smartest" syndrome. If not rushing now, wait for a new structure, wait for the next shot. $SAND $ADA $LAB opportunities are frequent, patience is scarce. Personal review, not investment advice. #FedMinutesFocusOnOctoberPause #SECApproves3XBitcoinETF
This SAND really doesn't encourage holding long-term; the profit margin is thin as paper, yet this bite is particularly tasty. It jumps up and down during the session, every time it rallies it runs out of steam, volume plays dead, and sell orders above form a wall. I dropped a line in the channel: the rebound is fake, try shorting. Back then, few dared to reverse positions.
Tried going long at 0.07153, originally only planned to hold a segment. Came back from lunch to check the chart: 0.087, +22.36% already set to sell. The timing was spot on, not luck but endurance. Took profit on 90%, kept 10% to protect the position by moving stop to cost, no chance to give back profits on the pullback. With the big chunk secured, my mind was at ease.
Profits come from realized understanding; losses come from gaps in understanding. The market specializes in curing "I'm the smartest" syndrome. If not rushing now, wait for a new structure, wait for the next shot. $SAND $ADA $LAB opportunities are frequent, patience is scarce. Personal review, not investment advice. #FedMinutesFocusOnOctoberPause #SECApproves3XBitcoinETF