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SLby u/suzuki_lei·2hDiscussion

The time I chased a copper breakout and got burned

Remembering a tough lesson from a few years back, I got caught up in the copper hype. Price was finally breaking above a multi-year resistance level, and the narratives were strong about EV demand and infrastructure. Instead of waiting for a clear retest and confirmation, I jumped in with a full position, convinced it was 'the' move. Of course, the breakout failed, pulling back sharply, and I ended up taking a significant loss on what should have been a relatively low-risk setup if I'd just been patient. It was a classic case of FOMO leading to poor entry and sizing decisions, reminding me that even in commodities, the 'obvious' trade often isn't.

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