You can not fight the market when you see huge volume on upside while you are holding shorts. To protect your capital and reduce your risk is always #1 job you need to take care of, no matter whether that sudden pulling up (I don't why) could turn out to be a false one or not. You always have (even better) opportunities to trade it again, as long as you have enough cash.
Unlimited opportunities, limited cash for retail investors.
Luck me that I got in with very good entries for shorts and ended up with small gains in this short squeezing.
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Morning Post 03/03/2025 SPX
3 hours ago
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