TOWNS I have a limit order placed at 0.002140; I’ll say more when it gets there.
I don’t bet on one-sided moves; for TOWNS, selling high and buying low is the most reliable.
During a sideways phase, I don’t guess the direction; I wait for signals.
If TOWNS hasn’t shown a direction yet, I stay put.
TOWNS is currently at 0.002140, down 4.0% in 24h, RSI 26.2. I don’t catch falling knives on sharp drops: first see whether 0.002140 can stop the fall, and wait for a bullish candle with shrinking volume before doing anything. Risk control comes first.
Position size matters more than direction. For the same trade, full position versus 20% position can mean a world of difference in mentality and results.
I’ve laid out the idea here; whether it’s right or not, the market decides. Take it as a reference, and don’t blindly follow.
The most tormenting part of this market isn’t losing money; it’s that itch from being right but missing the move.
#TOWNS #ETH