Keeping it completely real with you guys because trading isn't always a green streak. Currently sitting underwater on a few positions, especially on $LAYER $LUMIA and $SYN where the market completely squeezed against my thesis. The biggest lesson here is risk management and avoiding over-exposure; when you hold multiple positions open simultaneously, a sudden market shift can drag everything down together if your correlation risk isn't checked. I’ve already adjusted my invalidation points, but times like this remind us that cutting losses early is always better than holding onto hope.
How do you guys handle a sea of red like this? Do you prefer to aggressively hedge your open positions, ruthlessly cut the losses right away, or patiently wait for a clear market reversal signal to dollar-cost average your way out?
How do you guys handle a sea of red like this? Do you prefer to aggressively hedge your open positions, ruthlessly cut the losses right away, or patiently wait for a clear market reversal signal to dollar-cost average your way out?