I recently traded INIT using a disciplined momentum strategy, and it played out exactly as planned.
Entry:
I bought INIT during a price dip when the RSI was low and volume was picking up — early signs of a potential reversal. I waited for confirmation instead of rushing in.
Exit:
I set a limit sell order at 0.7700 — and it hit that exact price, not a cent higher, before reversing. It was a clean execution. No panic, no greed.
Timeframe: 4H chart
Indicators used: RSI, volume, and support/resistance levels.
Risk Management:
Placed a stop-loss just below the recent swing low to manage downside risk.
Why this trade worked:
I followed a system, not emotions.
Combined simple indicators with timing.
Let the plan do the work — from entry to exit.
Lesson:
Even a basic strategy can be powerful when combined with patience, risk control, and the discipline to stick to your target.
Reflection:
I’m glad I didn’t chase higher. Trusting the limit order and my analysis paid off. Consistency > hype.
How do you decide when to take profit — fixed targets or trailing stops?
Let’s share and learn from each other.
