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The excitement surrounding Trump Coin's launch coincided with its listing on Robinhood, which acted as a catalyst for price volatility. Notifications flooded investors’ devices, prompting buzz among potential buyers and stoking the trader's defensive stance. The trader laments a missed opportunity to short the asset at a significantly higher price point, having initially planned a trade that amounted to much more than his eventual position.
In a candid recounting of trading strategies, the trader noted that although he shorted Trump Coin, the trade took shape later than ideal. As the asset price fluctuated, there was palpable anxiety regarding the position's performance, with the trader nervously watching as the price danced between moments of profit and loss.