Day 3 update: That hype short recommendation nearly cost me my position at the firm 😅

Managed to cut losses at 3% before things got worse - reflexes saved me this time. But man, that was way too close for comfort.

Need to bounce back on Day 4. Drop your picks below - looking for something with actual momentum this time 👇

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ExpectationFarmer

· 16h ago

3% stop loss? Brother, your reaction is good, otherwise you would have gone bankrupt directly.

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ChainProspector

· 16h ago

3% stop loss? Dude, your reaction speed is really amazing, I would have gone numb by now.

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NftRegretMachine

· 16h ago

3% and you're out? Bro, you have quite the small courage.

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ForkTrooper

· 17h ago

Haha, a 3% Cut Loss is alright, much better than those holding a losing position.

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BlockchainDecoder

· 17h ago

According to research, the 3% stop loss level happens to fall exactly at the critical value mentioned in behavioral finance called the "mental accounting effect"... However, this time the reaction was indeed swift. It is worth noting that chasing short-term momentum often leads to the trap of trend-following, and it is recommended to refer to the classic paper by Jegadeesh and Titman before deciding on the next step.

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