This morning, I found that my previously shorted BEAT position was taken profit overnight. I immediately continued to hold a small short position, and the profits were promptly withdrawn to lock in gains. From a short-term technical perspective, BEAT faces obvious downward pressure and is expected to break below the key support level of $2. During this downward trend, managing position size and risk levels is crucial, especially when the price approaches important support levels, so be alert to the possibility of a rebound.
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MiningDisasterSurvivor
· 4h ago
It's the same old trick again—closing positions to take profits, small short positions, locking in gains... I've been through all of it. In 2018, I played it this way, and my account was wiped out directly.
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TrustMeBro
· 4h ago
Automatic take-profit is satisfying, but the real concern is a rebound that could hit hard. Keep an eye on the $2 level.
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ResearchChadButBroke
· 4h ago
Can I continue shorting after taking profit at night? This trading rhythm is amazing; I really like this straightforward stop-loss and take-profit logic.
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FlashLoanLarry
· 4h ago
ngl the opportunity cost of holding through that support level is what gets me—why sit and wait when you could be deploying capital elsewhere? thesis validation hits different when you actually lock it in tho
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ShibaMillionairen't
· 5h ago
Take profit and run; this is the correct approach. Waiting to see if BEAT can break $2.00.
This morning, I found that my previously shorted BEAT position was taken profit overnight. I immediately continued to hold a small short position, and the profits were promptly withdrawn to lock in gains. From a short-term technical perspective, BEAT faces obvious downward pressure and is expected to break below the key support level of $2. During this downward trend, managing position size and risk levels is crucial, especially when the price approaches important support levels, so be alert to the possibility of a rebound.