Last night I opened a short position on TNSR at an entry price of 0.261. Now the price has dropped to 0.2017, and I have an unrealized profit of $2,200 in my account.

But to be honest, what makes me feel most secure is actually that strong liquidation price of 3.2609—even if this thing really manages to rise ten or even twenty times (though I doubt it), my principal is still safely there. It’s like having bought myself insurance; I feel much more at ease.

The market moved pretty aggressively last night. I was holding a bowl of instant noodles, watching it drop from 0.26 all the way down. When it hit 0.20, I took profit on a third of my position, thinking I’d take the profit and stop; but it kept falling, and at 0.18 I liquidated everything. Seeing the profit credited to my account at that moment—damn, it felt better than the satisfaction of finally eating that barbecue I’d been craving since noon.

Now I’m keeping an eye on a few other targets, planning to try again tomorrow. But this time I’ll be more cautious—after all, the market is something you can never predict what it’ll do next.