TonyTheBullSeverino
TonyTheBullSeverino
TonyTheBullSeverino avatar

TonyTheBullSeverino

Crypto
Commodity
Stock

Chartered Market Technician. Cycles, crowds, psychology. I don’t predict — I observe structure. Less noise. More signal.

828Posts
961Comments
183%Best ROI
joined

Joined on 15th November 2024

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location

Boston, MA

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X

Reduce Hedge Short By 50%


The way this daily LMACD looks tends to suggest we get one more move up at minimum


I think today closes here or lower due to the monthly , but then the rest of the week we get the last move of this rally.


The top of this short could be the biggest short trade of my career.


Will continue to monitor. I just closed 50% of my hedge short for most meager profits. The profit will cover any loss I incur if the rest of the position gets stopped out


it will allow me to lose no money and take the short higher if we get there. Leaving it, yet having the cost covered lets me not care about if it gets stopped or not/


These are some of the way I manage my positions to reduce my own stress levels or avoid losses