laddered shorts at 6200, 6300, 6400, 100 contracts each
These laddered shorts may not have gone very well, and if you did not lose all of your money, you may well have lost a considerable amount. Call me a party poop, but it tends NOT to be a good idea to be fucking around with leverage, because sooner or later it is quite likely to bite you in the ass and take all your profits and potentially your principle too.
But you said that you were employing good risk management, but what happened to you?
Where's the reporting on the subsequent trades?
So, my point is that trading and profits might be all fine and dandy in terms of locking in ongoing profits, and maybe you make profits on 50 trades in a row (or maybe 40 out of 50 trades are profitable), and then all those profits can get taken away on a set of bad trades (especially if leveraged) and the price keeps moving against you trade after trade after trade... right? Is that what happened?
So, even if the trades did not work out and you have to start over, or you are back to your principle, are there any lessons learned?
Some folks bet in both directions, but hey that does not seem to be your strategy, but instead a kind of Martingale method, which might work until it does not.
Of course, using leverage complicates matters, too... but hey, if someone can consistently make profits and even stack some sats away so that he is only playing with house money that could be great to keep building profits, but the timeline might become a long one, too, and if all of the house money is lost, at some point because the trades keep going against you, then is the trader tempted to dig into his stacked away principle and the stacked away profits?
