The multiple positions before #beat and the pullback relay have been repeatedly mentioned, so I won't elaborate here.
Just to add: if the market offers profit, I will take it; if the sentiment is right, I will cash out.
On the 22nd, BEAT surged to around $4,
After securing profits from long positions, I shorted at the $4.26 level, not guessing the peak against the rise,
but rather due to the short-term sentiment being overheated + obvious structural divergence, which made it unsuitable to chase long positions.
For these types of positions, my principle has always been simple:
Don't fall in love with sentiment, only deal with odds.
Last night, the price fell back to $2.7
I took profits on the short position directly, clean and neat.
This morning, it briefly dipped to around $2,
but that no longer belongs to my trading range.
What should be taken has already been taken, not being greedy is discipline.
Many people always struggle: can it continue? Will there be another wave?
For me, there's only one answer:
When the market completes its expected wave, I exit.
This round of BEAT has been very textbook: washout → advance → sentiment release → pullback correction.
Being able to continuously profit is not about precise judgment,
but about only taking bites that I can understand in each segment.
The market is not afraid of missing out, but rather fears that when it should exit, it still wants to take a little more.
When the rhythm is right, opportunities will naturally come again.
If you are still confused and have no direction, you might want to see how I do it
Follow Lao Zhang, stick with me, and steadily seize the market that should be taken.
