1
WSby u/walid.saleh·13dDiscussion

Don't marry your bias on Nikkei futures

Biggest mistake I made last year wasn't chasing a breakout or ignoring a clear resistance. It was getting absolutely locked into a bearish bias on Nikkei futures back in October. The data suggested a bounce was due, global sentiment wasn't collapsing, but I'd convinced myself of a broader top. Held onto shorts through multiple pushes higher, adding to losers, moving stops out like a clown. Cost me a solid month of profits and then some to dig out of that hole. The market doesn't care about your conviction if the price action says otherwise. Should've respected the chart and re-evaluated, not doubled down on a bad read.

The lesson was brutal but simple: objective analysis beats stubbornness every single time. My initial analysis wasn't even fundamentally wrong, but my execution and inability to adapt were abysmal. No amount of DD or market read is going to save you if you can't admit you're wrong and cut bait. Paid a tuition bill to the $NIKKEI for that one.

0 comments · 1 points

0 Comments

No comments yet. Be the first.

More like this