MrHow77
A Personal Experience with Contract Grids — Lesson Learned
I discovered a very interesting pattern that’s proven true again and again:
For the long-term grid I’ve been running (30+ days), when the price breaks the upper limit, I cannot open a new position at that breakout — if I do, it always drops afterwards. 📉
Short version: don’t chase the breakout with a fresh long on a long-term grid — wait for confirmation or a safe pullback.
How I trade this now
If the upper grid boundary is broken, do not open a new long immediately.
Wait for a retest of the broken level or a confirmed continuation (
I discovered a very interesting pattern that’s proven true again and again:
For the long-term grid I’ve been running (30+ days), when the price breaks the upper limit, I cannot open a new position at that breakout — if I do, it always drops afterwards. 📉
Short version: don’t chase the breakout with a fresh long on a long-term grid — wait for confirmation or a safe pullback.
How I trade this now
If the upper grid boundary is broken, do not open a new long immediately.
Wait for a retest of the broken level or a confirmed continuation (