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The SQD rally has provided many participants with opportunities. Building positions in the range of 0.041-0.043, and now nearly doubling in value, plus fee income, the overall performance is quite good. Here I want to give a reminder to short sellers — going against the trend on coins with a clear upward trajectory often comes at a heavy cost. Those who end up losing the most are usually traders who stubbornly go against the trend after it has been established. The key to earning beyond your expectations on the trading journey is to find the right direction and follow the right rhythm. Blindly going against the trend will only cause unnecessary losses to your account. Riding the trend, whether in rising or falling markets, is often the wiser choice.
I've always said that going with the trend is the way to go; insisting on counter-trend operations only leads to regret when cutting losses
This round of SQD indeed provided opportunities; the key is still who can hold on
Going against the trend and shorting, isn't that just going against the market? Serves them right.
Doubling, huh? Too bad I was late again, missing the rhythm once more.
Following the trend is the true way. That’s what they say, but how many people can really do it?
This round of short positions was truly overestimating themselves; the momentum of SQD is right here.
The worst-hit group probably still fantasizing about a rebound.
All the good opportunities have been taken by the bulls, and the bears can only lick their wounds.