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Stop losses on bigger BTC shorts trailed

Trailing stops to above the last high in case there's a big pullback/reversal. I think we're in a break and will hold my smaller shorts but trailing stops enough to lock in a net profitable position. https://preview.redd.it/9xxrdkro3k481.png?width=1920&format=png&auto=webp&s=1b94c5a4859a541c8924dbd04bf79715f5965b1c via reddit https://ift.tt/3EG8zbj

SPX ranging around 76 fib

Trading conditions have been pretty slow today with markets ranging. We're probably going to see momentum coming back into the market upon a breaking of the range. ​ If we're in what will turn into a 76 rejection and a hard fall we usually will not go over the last high again. So this is a point where some stop losses can be adjusted to reduce the maximum risk. Usually if the market is going to break here it will keep setting lower highs and lower lows. Breaks usually coming in big candles through support. https://preview.redd.it/vl5c717uwj481.png?width=1917&format=png&auto=webp&s=4f4265187fe3a66a818df5deda88702f55c0da05 If there was to be an upside breakout the next move up could easily get as far as 4850. So I'll be stopping out positions if we break over the 86 fib / make new high but currently holding short positions waiting to see if 76 breaks. via reddit https://ift.tt/31J4NQb

No being a dick if the market dumps

You will get banned for cheerleading shitty things happen. You'll be banned for kicking people when they are down. I have no tolerance for people being a dick. More than enough of that goes on already. See: Berating bulls usually will lead to perma-ban : BeatTheBear (reddit.com) via reddit https://ift.tt/3ECE1Y9

Open rally and short close

For those new here or those who've not picked up on the pattern yet, we've very consistently seeing SPX up during the day and down into the close on the bear days. ​ Almost invariably all of the short trades start around 3 hours before the close. Often a lot of the selling comes into Asia/London and then it bull traps on the US open. This has been so consistently reliable it's been weeks since we even started the work for the day here before mid-day. We're always waiting to around this point in the day to fade the early day momentum. via reddit https://ift.tt/31Lyq3f