>>21613075Confidence can come from a few places:
* Sizing. While I have other things cooking, my MSTX is 1% of my money. So a 5% knife on MSTR only costs me 0.1% of my port.
* Knowing your stops and targets in advance. Maybe this is a fakeout breakout and the 5 minute H&S plays out still. So at 485 I'm out. Target's the measured move from the top of this H&S with the size of it from bottom to top (500 + 35 = 535)
* Knowing what you're trading. Bitcoin's in a general bull trend, luring in a ton of dump euphoric buyers. But look around and you also see some skepticism. If those skeptics start capitulating, I won't care how good the technicals look, I'm steering clear. Until then I think there's still upside to squeeze.