Most of my trades are REACTIVE, meaning I buy after a panic or sell after a strong upswing. However, this short is ANTICIPATORY, meaning I'm trading into support with lower highs "probing" to see if support can crack, which would lead to a big run down. It's lower probability, but the reward is big enough to take on the risk.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.