I held this short position for a total of 240 days.
240 days ago was $BTC all time high. I opened a short position exactly where I believed the ATH was going to be.
Then I simply followed my own trading method, waiting patiently for months for the pattern I trade to fully play out. I took partial profits after each drop and added those profits back in after each false rally.
My original entry was $124,600, my final average entry was around 91k.
This position is now closed.
That doesn't mean I think the bottom is in. It simply means I reached my goals and locked in the reward.
The best thing about trading? Even if you haven't hit consistent profitability yet, you are currently on the deepest spiritual journey of your life.
Most people start because they want money... But they end up discovering:
Their ego issues.
Their impulse control problems.
Their paralyzing fear of uncertainty.
Their toxic need to be right.
You came for the profits, but the market forced you into extreme self-awareness.
Trading really said: โOh, you want the $100k months? Cool. First, go back and fix your entire personality.โ
Itโs the only industry in the world that refuses to pay you until it turns you into a better, more disciplined human being first. You don't beat the market; you beat the version of yourself that wants to gamble.
We made it to my final target.
I first opened a short on $BTC at $124,679, just under 2k off the ATH. After the first drop, I added to the trade bringing my average entry to $113k.
Then before the third drop, I opened a new position on a different exchange. My thoughts on this PA was always shared publicly on YT and traded with my TTC community.
There's no signs of buyers yet. I need to reset everything and figure out what next.
I love being a trader. Being able to make profit whether the price goes up or down is a life changing skill. So grateful today ๐
maybe jump on a surprise FOMC live with hang annii @tradetravelchil everyonce in a while, best live stream i have been on. i love your energy pedro you make crypto feel pre 2018 again, in a space i sometimes feel ashamed to be apart the way people act in this space these days. any english content ill be here listening ๐๐