Observing a notable drawdown on my current $LIGHT short position. This market movement presents a challenging scenario for many traders. 📉
Despite the current unfavorable price action, my conviction in the short thesis for $LIGHT remains strong. It’s crucial to adhere to one's strategy amidst volatility.
This trade is now positioned for a decisive outcome: either a substantial profit realization or a complete liquidation. It highlights a high-risk, high-reward approach.
Therefore, I am maintaining my short exposure on $LIGHT. Persistence in one's trading plan is key.
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