ETH this wave of market movement, I am starting to feel restless. So I decided to open a position to test my idea.
This setup is very clear: I plan to take a short position at a high level to probe, aiming to confirm where the top of the rebound is structurally. The position size is very conservative—$300 capital, 10x leverage, with entry preset around 3140. The stop loss is set at 3165, meaning a maximum loss of $300; if everything goes well, the target is 3100.
Honestly, the most common mistake in trading is thinking only about "how much I will make" before opening a position. But the more important question to consider is—if this trade goes against me, how do I cut losses? Thinking this through thoroughly makes making money a natural outcome. Risk management always comes before prediction.
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SignatureCollector
· 9h ago
Alright, I understand this approach. Thinking about stop-loss first before considering profits is not wrong. However, entering a short at 3140 is a bit tight; a rebound could easily break through, so be careful not to get caught in a squeeze.
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mev_me_maybe
· 9h ago
3140 short position, not afraid at all. I think this wave might break new highs. Be careful.
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zkProofInThePudding
· 9h ago
3140 short position? I bet you'll definitely go the opposite way, that's the kind of magic it has.
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gm_or_ngmi
· 9h ago
I understand the feeling of not being able to sit still, but are you really not afraid of getting your face slapped if you go short at 3140 this time? It still feels like the top hasn't been confirmed yet.
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ResearchChadButBroke
· 9h ago
Really, a 10x short position with 300u to test the waters—this approach still has some merit. However, I always feel that the 3140 level is a bit risky; the rebound might not be as weak.
To be honest, your risk control logic is sound, but if ETH's current upward trend truly breaks, 300u isn't a big deal. I'm just worried that after opening the position, the market might spike again, so be mentally prepared.
Waiting for your backtest data—any historical references?
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AllInAlice
· 9h ago
Prioritizing risk is indeed a common topic, but few people can truly stick to it. I like the mindset of testing with 300u.
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ImpermanentLossFan
· 10h ago
3140 short position? Bro, are you really trying to test your strategy this time or are you just going to get trapped again?
ETH this wave of market movement, I am starting to feel restless. So I decided to open a position to test my idea.
This setup is very clear: I plan to take a short position at a high level to probe, aiming to confirm where the top of the rebound is structurally. The position size is very conservative—$300 capital, 10x leverage, with entry preset around 3140. The stop loss is set at 3165, meaning a maximum loss of $300; if everything goes well, the target is 3100.
Honestly, the most common mistake in trading is thinking only about "how much I will make" before opening a position. But the more important question to consider is—if this trade goes against me, how do I cut losses? Thinking this through thoroughly makes making money a natural outcome. Risk management always comes before prediction.