Yesterday's BREV market movement, I took a 60% unrealized profit and decisively closed the position to sleep. Luckily I did that—otherwise, I would have watched the profits evaporate first thing this morning, ending in a loss.
And today, BREV is back again. Still the same asset, I reopened a long position at 0.384. Currently, there's a small unrealized profit, and I feel pretty good about it.
But to be honest, trading in this kind of market still requires caution. Especially when everyone is watching the same asset, large players can easily manipulate and set traps. I don't dare to hold a heavy position myself—this is also the reason—big positions attract attention and can become targets for others' sniping.
That's just how trading is; profits and risks are often separated by a single thought. The early take-profit helped me avoid a retracement, and this light position is an adjustment based on lessons learned. How far BREV can go this time still needs further observation.
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Yesterday's BREV market movement, I took a 60% unrealized profit and decisively closed the position to sleep. Luckily I did that—otherwise, I would have watched the profits evaporate first thing this morning, ending in a loss.
And today, BREV is back again. Still the same asset, I reopened a long position at 0.384. Currently, there's a small unrealized profit, and I feel pretty good about it.
But to be honest, trading in this kind of market still requires caution. Especially when everyone is watching the same asset, large players can easily manipulate and set traps. I don't dare to hold a heavy position myself—this is also the reason—big positions attract attention and can become targets for others' sniping.
That's just how trading is; profits and risks are often separated by a single thought. The early take-profit helped me avoid a retracement, and this light position is an adjustment based on lessons learned. How far BREV can go this time still needs further observation.