"and then CT dunked on me for closing a trade in profit, and proceeded to get haphazardly bullish at local range highs, in the midst of a larger downtrend."
started trading stocks again ~a month ago and it’s been really nice
trends are very clean and clear.
simple trend continuation setups on HTFs have higher-hitrate, and often times the target is ‘price discovery’
could’ve probably 5x’d my nw if I didn’t restrict myself to crypto
"but did you trade it?"
yes, actually😌
...and then I closed the trade for miniscule profit just before the real bounce started to take shape
analysis is easy; execution is hard.
probably a good place for market to relief bounce
I imagine people find the courage to start calling bottoms again *after* bounce occurs
don’t fall for it when it happens.