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Algofy Trader
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Jose Miguel Rivera
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I wanted to make a quick, small operation, and I got stuck in a downward trend that could last weeks. Should I wait or stop wasting time, accept the loss and go with the downward trend in upcoming movements? According to everything I have researched, it is speculated that the correction could touch down to 84,000; there doesn't seem to be a signal of reaching a support, and this could take a long time. I had thought about opening another opposite position to mitigate the losses, but since I am new here, I didn't realize earlier that I am in HEDGE mode to do so, and to switch to that mode I would have to close this position. Any advice?
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