The trader 0xFC78, who had consecutive profits for 9 sessions, just executed a stop loss and exited — he closed his short positions, incurring a loss of over $1.78 million.
He made a profit on 9 consecutive trades, earning 2.12 million dollars, but one trade caused him to lose over 1.78 million dollars, almost wiping out all his gains.
Short positions can be addictive.
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The trader 0xFC78, who had consecutive profits for 9 sessions, just executed a stop loss and exited — he closed his short positions, incurring a loss of over $1.78 million.
He made a profit on 9 consecutive trades, earning 2.12 million dollars, but one trade caused him to lose over 1.78 million dollars, almost wiping out all his gains.
Short positions can be addictive.