1. The current recommended strategy is to short"TAO", clearly setting up a short-term short trade. No mention is made of overextended upward movement or pullbacks; the trading rhythm leans towards a rapid downward trend, emphasizing proactive action. 2. Position and Risk Management Recommendations: We recommend using 2x to 5x leverage. Initially, enter the market with cross margin at the current market price, adding to your position in stages at $167. Set a strict stop-loss at $170 (three key levels). Take profit in four stages: recovering 25%, 50%, 75%, and 100% of your position in sequence, emphasizing phased profit locking. 3. This strategy is suitable for aggressive short-term trading, emphasizing quick entry and exit, leveraging to amplify profits, and using clear stop-loss orders to avoid significant drawdowns. Based on short-term price structures, it is suitable for risk-taking traders with a fast trading pace; avoid holding positions for too long.
TAO: Summary of TraderTitan Community Discussions (17:00:10 ~ 18:00:10)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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