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TAby u/takeshitanaka·11hDiscussion

Lesson Learned: Not Sticking to the Plan on $ETH

Biggest mistake for me this past quarter was deviating from my pre-planned $ETH trade. I had a clear thesis for a long entry around $1800, with an initial target around $2200-2300 and a stop below $1750. Everything lined up, I got the entry, but then price stalled around $2000 for a few days. Instead of letting the trade play out to my target or my stop, I got impatient. Closed it for a small profit, thinking I'd re-enter lower. Of course, $ETH then rocketed to $2400 shortly after. Cost myself a decent chunk of unrealized profit by not trusting my initial analysis and getting spooked by short-term consolidation.

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