DOGE - 50/50

29 mag 2021

Why would anyone want to bet on a 50/50 trade?

Note the beautiful triangle. Price is waiting to burst out.

Why risk being massively wrong? Let the gamblers make their move, we lie in wait.

3 giu 2021

Nota

Well, there goes the burst. I can lie to myself and say that I am right to be safe but watching it rally without me feels like a loss. A better trade would be 50% or 30% position entry to better manage the psychology.

I guess I was overly bearish, just like AMC and GME.

The original plan is to attempt to enter at retest.


But the "hey crypto popped 80% twice and could happen again!" inside me is telling to wait for a 10cents DOGE trade. As a trader, choosing to "sit out" is at times the true gamble.