A few days ago, my stop-loss hand trembled slightly. Only when I opened the chart in the morning did I realize that what I really needed to guard against was my own sudden urge to chase.



A few days ago at night, $CFX was still moving in a tight range at the high end. A lot of people were watching that small rebound, preparing to rush in. But what I saw was clearly heavy suppression above—the pullback growing increasingly weak.

When the price kept oscillating during the session, I re-checked the CFX rhythm: every time it surged up, there was no effective follow-through. The moment the sell wall came down, price quickly retreated to where it started. So I executed a long near 0.05811. The logic was simple: if the rebound isn’t strong, don’t indulge fantasies of a breakout.

Now it’s back at 0.04388, and the unrealized profit is already +1180.95%—this bit of meat feels great. First, close 80% to lock in the results, keep the remaining 20% for a possible continuation. At the same time, move the protection level close to the entry cost. If it keeps dumping further, let the profit run—don’t make the rebound feel uncomfortable.

Don’t let profits balloon, and don’t fall into despair over drawdowns. Have a plan before the session, keep discipline during the session, and only then can there be something to review after.

Friends who haven’t boarded yet, let me say this: don’t chase just because you see a drop. Wait for the next wave of signals to confirm. Opportunities are still there—don’t rush.

$BTC $ETH
CFX-5.92%
BTC-1.51%
ETH-1.08%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned