Strategy signal + subjective bearishness, clearly stating to short at the square yesterday noon. I also kept increasing my short positions, making big profits. Friends who followed should have made quite a bit (records can be checked). This evening, after a small rebound with increased volume at the bottom of the 1-hour K-line, it has retraced with reduced volume maintaining the oscillation, without breaking new lows. Here, I've closed part of the positions for now.
Closing a position does not mean a lack of optimism, but rather a exhaustion of short-selling momentum. At least it requires consolidation to settle the chips before continuing to choose a direction.
King of Speculation -- Livermore once said: When I stand on the tracks and a train is rushing towards me, I would jump off the tracks and let the train pass, rather than waiting for it to hit me. Of course, I can always return to the tracks whenever I want.#la $LA
