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saqo
saqo
When I opened the short position on $SPCX , the idea was simple: at 116.94, with 75x leverage, I thought it would drop. But it kept pushing up, from 116 to 139, then from 139 to 147, with almost no decent pullbacks in between. Today it peaked at 149.47, current price 146.92, floating loss over 300 U, still holding. On the same token, I also ran a grid strategy, going long 10x, in the 100-250 range, average price 134.31, placed 80 orders, total investment 18 U. The grid earned 7.8 U, the short lost over 300 U. Having both long and short orders on the same token feels like hedging, but also like battling myself. $OKB rose 8% today, from 94 to 105, breaking out with volume, mainstream coins are moving steadily, no positions. $TRUST surged 14%, from 0.05 to 0.063, with only 3.92 million U in volume, a small cap drawing lines, chasing in is just taking the bag. The losing positions are still held, and I haven’t touched any of the rising coins. $SPCX rose from 116 to 146, a 30-point increase, the direction was clear long ago, I just didn’t follow it. The position is still open, not closed. Waiting for a pullback opportunity to cut losses and exit. The direction no longer matters; what matters is how this trade ends.

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