CLO's price action around 7:40 AM yesterday is worth recording. From a review perspective, the technical setup at that time indeed showed room for further upside, with the peak expected around 0.85. This judgment was publicly disclosed through charts and analysis at the time.
However, subsequent developments changed. The exchange adjusted its fee structure, and there's an upward trend. This directly impacted the previous short strategy—the orders originally planned to execute at that level were ultimately canceled.
Why make such a decision? Primarily out of consideration for long-term holdings. If fees continue rising, the cost pressure on long-term holders is substantial, representing a hidden cost that must be monitored in long-term trading. Rather than risk holding a position while fees continue climbing, it's better to maintain flexibility. While this move looked like an opportunity from a technical standpoint, after weighing risk-reward, the decision was to sidestep it for now. This is a common trade-off in trading—not every opportunity you read correctly is worth taking.
CLO's price action around 7:40 AM yesterday is worth recording. From a review perspective, the technical setup at that time indeed showed room for further upside, with the peak expected around 0.85. This judgment was publicly disclosed through charts and analysis at the time.
However, subsequent developments changed. The exchange adjusted its fee structure, and there's an upward trend. This directly impacted the previous short strategy—the orders originally planned to execute at that level were ultimately canceled.
Why make such a decision? Primarily out of consideration for long-term holdings. If fees continue rising, the cost pressure on long-term holders is substantial, representing a hidden cost that must be monitored in long-term trading. Rather than risk holding a position while fees continue climbing, it's better to maintain flexibility. While this move looked like an opportunity from a technical standpoint, after weighing risk-reward, the decision was to sidestep it for now. This is a common trade-off in trading—not every opportunity you read correctly is worth taking.