How many people shorted last night?
Not believing in the market, not believing in the trend, and the result is another round of self-inflicted damage.
Honestly, even if you chased the long position last night, at most you’d be stuck a few dozen points, which wouldn't seriously hurt your vitality.
But if you stubbornly shorted, trying to time the top to catch a pullback —
You’d either face liquidation or take a hard hit.
This market shows no mercy; it can be summed up in one word: strong.
In a bullish trend, going against it with shorts is like giving away money; in high-level fluctuations, maintaining your position is key to the future.
This is not a time to test technical skills but a time to test understanding and execution.
Don’t guess the top, don’t stubbornly fight against the trend; the market is always right.
Those who survive are never the smartest but those who obey the market.