Short VISAHi traders,
Entering a short position in VISA, while below 200 MA.
From fundamental stand point, crypto payments might affect future revenues
I will update idea if scenario changes
My 6 trading rules, audited track record at my signature
1. Never add to a losing position: Avoid averaging down to prevent compounded losses.
2. Don’t be the first to buy low/sell high, and don’t be the last to exit: Avoid trying to nail the exact top or bottom; wait for confirmation.
3. Think like a fundamentalist, trade like a technician: Understand the market context but use technical, price-based rules for entries and exits.
4. Keep your analysis simple: Avoid over-complicating charts to prevent analysis paralysis.
5. Start small and increase exposure when the trend confirms your analysis: Build positions only when the market moves in your favor.
6. The hard trade is the right trade: Often, the trades that feel the most uncomfortable to take (e.g., stopping out, buying at support) are the correct ones, while "easy" trades are emotional traps.
Short
