At this level I am done. 30-35% move is ok for me on a short...If it was a long position then it will be based on conviction. I don't carry some level of conviction on short trades for several reasons.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.