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I've finally made it out of this stretch. The $LAB long position entered at 4.25566 and now sits at 5.30594, with a book ROE of +490.56%. This wasn't achieved by stubbornly holding through the drawdown—the rhythm had already sent signals earlier.
At the beginning, many people were still waiting for a deep pullback, some even thought the upside couldn't hold. But what really caught my attention was that every time price dipped, there was no further breakdown with volume—buying support kept appearing, shorts couldn't break through. Something was off here.
I wasn't looking at a single candlestick at that time, but at the reaction of LAB after its retracement. The pullback didn't break support, the rebound came with volume, and the structure had clearly changed. There was a solid reason to keep holding long. Now that the price has released its potential and the trend is clearly extending, I'm taking partial profits on the +490.56% gain in batches, keeping the remaining 20% with a trailing stop, so as not to give back most of the profit.
The worst thing with a trade like this is getting greedy after winning and regretting only after losing. If you have a position, stick to your rhythm. If you're not in, don't chase—wait for the next opportunity, wait for a more comfortable entry.
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