Phyrex|Jun 03, 2026 08:59
This time, I placed short positions in WTI at $93, $94, and $96 respectively. In fact, thinking about it this time, I was a bit too optimistic about $85. Although I still think about it repeatedly, I don't have the concept of taking a profit and leaving first because I rarely do short-term trading. This has been another roller coaster ride. Although it is still profitable overall, I can actually do one more round.
Of course, these are not the key points. The key point is to short the WTI. I still think there is no problem. Even now, Trump has not said that he does not intend to talk about it, and Iran has not continued to escalate the war. The United States is about to hold mid-term elections, and the blockade of the Iranian coast is also deadly.
In this situation, I think the more conflicted both parties are, the more likely it is that they have reached the details and critical period of negotiations. They are already showing an unyielding attitude, and the rest is likely to be ground down. We must pay attention to the liquidation price, which is still above $120.
The current average price is $93.48, with a loss of 29%.
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