I just came across a story about swing trading, and it's pretty intense... This guy started accumulating WETH at a low price back in November last year, averaging around $3,085 for over 9,000 tokens. By mid-January, he was sitting on a unrealized profit of $2.87 million. How awesome is that? But then what happened? He didn't take profits... he stubbornly waited for the price to drop, and only sold 3,000 tokens 12 hours ago, ending up with just a $30k profit. He's still holding over 4,000 tokens, now with an unrealized loss of $47,000.

This is the most heartbreaking part of swing trading—one bad decision can turn huge profits into losses. I don't know if he's waiting for a rebound or giving up, but this case is really a classic example. Do you set take-profit levels when you do swing trading?