Sold the $WhiteWhale position this morning. This move was mainly to cut losses; I might consider rebuilding the position after finding a support level. However, the current market pattern is indeed still in transition, with hot spots shifting between different sectors. So the key is to choose the right direction—don't blindly chase the trend; you need to clearly identify where the support and resistance levels are.
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OfflineNewbie
· 01-19 20:52
Setting stop-loss correctly is much better than holding on and risking a bigger loss.
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MemeTokenGenius
· 01-19 20:52
Stop-loss is also about capital preservation, smart.
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LongTermDreamer
· 01-19 20:50
Setting a stop-loss is quite wise. Looking back after three years, this cut might have been the best decision.
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Deconstructionist
· 01-19 20:32
Setting a stop-loss is the right move, don't overthink it. The question is, can we wait for that support level later...
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GweiWatcher
· 01-19 20:29
Stop-loss is all you need, don't overthink it. Where's the next hot spot?
Sold the $WhiteWhale position this morning. This move was mainly to cut losses; I might consider rebuilding the position after finding a support level. However, the current market pattern is indeed still in transition, with hot spots shifting between different sectors. So the key is to choose the right direction—don't blindly chase the trend; you need to clearly identify where the support and resistance levels are.