Shorting again 2024, running it back turbo downward
I'm neutral going into 2024, scoping for a short opportunity as I did in 2021. Similar conditions, less this time a double top in equities that could burn me. Conviction is what makes a great trader. Conviction and learning from your mistakes, that is. So here we go, the top of Dec. 2017 taught me that everything isn't always what it seems. Even when the words are right, and the momentum is there, markets won't placate to narratives, and price dictates all. By Oct. 2021 I learned again that a strong narrative and an inflow of capital to a sector can bring price discovery. I remain true to my conviction. Researching alternative crypto's for next cycle in 2024, until I see a healthy correction in the sector by deleverages to risk.
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