Patience Pays
This could still move up ultimately, so I am not gloating or taking a victory lap yet
This is just to show what a stoic mindset and relying on actual factual signals that can be observed on the chart
I saw the technicals suggesting the breakout might not be what it looks like
I waited
I stuck to everything
I readjusted my strategy and risk management to put myself in the best position. secured some profit, used said profit to re-short at the current level.
I caught a $2,500 trade in a couple hours
while securing profit, protection my position, staying objective, and even sharing all of this with all of you
I recognize I say and do things that people don't agree with or might not WANT to agree with
but that's why I do things the way I do
I need to show I am different and can be trusted
how can you do that? by consistently showing your true self and being transparent about what that is and how you operate
you see my skills
you see my intent
if I get it right - yay
if I get it wrong - you know I gave my all and will feel terrible about it to the point the next time I will make sure I do much better
that goes back to the interest compounds quote post.
the effort to iterate and improve is what leads to mastery. Mastery of self, mind, markets, whatever
even with interesting compounding, results take time - that's the patience pays aspect
again, not taking a victory lap yet
I will keep watching and pivoting and informing you as we go, while sticking to the strategy and thesis as a highly probable guideline - not a guarantee