LINKLINKChainlink
$8.74
24h
-10.79%
25 Sep, 09:52

Successful long trade with 17% profit

Bullish-37.12%

AI Summary

The author shares a successful short-term trading strategy, highlighting a 17% profit from long positions on LINK and LTC while maintaining an upward market bias.

$LINK We secured a 17% profit It can be said to be quite perfect now I think the aspect we handled well was the rhythm of this round: at the relative high point of the previous round, we took profits and exited, avoiding the gamble of being shaken out by subsequent wicks; Then, even though it indicated that pullbacks were opportunities, based on the fact that there was no structural breakdown in the larger timeframe, we still maintained a subjective bullish bias. We successfully caught two LTC and LINK positions at the lows and earned substantial profits. Although among the several we anticipated, only these two trades were entered, in reality, all the assets we selected were relatively high-quality targets. LTC was sold too early, but for LINK, we adhered to discipline and the plan. When the broader market was unclear yesterday, we didn't exit directly but chose to protect profits, avoiding selling too early, and now have reaped considerable returns. Overall, the rhythm was very comfortable, without excessive greed or fear.

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