Anyone ever kept a short position for months?

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shard_2013Full Member
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#1Dec 26, 2017, 04:22 PM
tried holding a short for months once... thought I could profit, but ended up closing too soon after making a tiny gain.
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tom.maxiSenior Member
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#2Dec 26, 2017, 09:53 PM
Yeah, I feel you. I once had a coin go from $0.02 to $28, and I got greedy. Held it too long and crashed down to $0.6 in days.
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#3Dec 27, 2017, 04:11 AM
Short positions aren’t meant to be held long term. You gotta be quick. Long positions? Sure, they can hang around longer.
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maxoracleMember
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#4Dec 27, 2017, 08:37 AM
Rave was a classic pump and dump. 90% of holdings in a few wallets? Total manipulation. Zachxbt and Binance calls wrecked it.
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#5Dec 27, 2017, 08:47 PM
Never held shorts too long. Maybe a week max on major coins like BTC or ETH.
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whale420Senior Member
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#6Dec 28, 2017, 01:10 AM
Futures aren’t for long holds. If you kept Rave short from peak, those funding rates would kill you. Like -2% hourly on use. That's nuts!
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cyberbitMember
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#7Dec 29, 2017, 04:48 AM
Greed is real, man. Opened a long on BNB, saw profit, then left it open... walked away and got rekt when I wasn’t looking.
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sage_2014Member
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#8Dec 29, 2017, 09:43 AM
I’m stricter now. No trades unless they meet my rules. Guessing when to hold is risky. You gotta have a plan.
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cipher51Full Member
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#9Dec 30, 2017, 03:55 PM
Your mindset is why you take profits too quickly. Work on that! Recognizing potential shorts is one thing, sticking with them is another.
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#10Dec 30, 2017, 05:27 PM
I disagree. Futures can be held longer with the right strategy. Just do your homework and don’t go all in.
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#11Dec 30, 2017, 08:30 PM
That’s a common issue with hype coins. The swings are wild. I’m cautious now, only use small amounts in this bear market.
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nick.orbitFull Member
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#12Jan 1, 2018, 03:34 PM
Totally agree. Whether it's long or short, it's all about psychology. Emotions mess with your trades, even for pros.
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0x4lphaFull Member
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#13Jan 1, 2018, 04:13 PM
You gotta fight those emotions. I’ve improved a lot... realizing it helps avoid missed opportunities.
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0xDef1Full Member
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#14Jan 1, 2018, 07:58 PM
Position trading requires a different mindset. Stick to your guns during downturns! Trailing stops can help lock in profits.
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mr_gangSenior Member
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#15Jan 2, 2018, 02:09 AM
What type of market are you trading? Spot or futures? Most people prefer spot for safety.
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#16Jan 2, 2018, 08:20 AM
Risky holding shorts long. You gotta watch your positions constantly or you could lose big. Anxiety is real!
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fullnodeSenior Member
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#17Jan 2, 2018, 02:15 PM
Your use might have been too low. Shorted at $25 to $19? Should’ve made more. But yeah, greed plays a role.
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wildaltNewbie
Posts: 174 · Reputation: 19
#18Jan 4, 2018, 09:29 PM
Been there! Tried to hold GRASS at $2.4. Should’ve waited, but I panicked and cut it too soon.
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guru07Member
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#19Jan 5, 2018, 12:59 AM
Luna perpetual swaps had my back once... forgot about my position during the crash, made a nice profit.
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DarkAlphaFull Member
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#20Jan 5, 2018, 02:25 AM
Got that feeling too. Should I long this coin? What if it dips? I didn’t touch it, and it paid off.
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