I use perp trading as a tool to extract R multiples from the market. R being what I risk per trade. I could be trading flip flops (prob bullish this time of year) it doesn't matter. If its a good setup, +ev I will take it and bank the R multiple. This to me is trading - and I mostly day trade or short term swing trade (intra-week) - it's my preference. For anything above this time period, I'm likely holding spot, with a longer view. From weekly swings to positional trades across quarters, even years. You can call this investing. To me, investing is the same as trading but with a longer term view or time horizon. If I close a perp trade after 5R at resistance, the job is done. That might even be a weekly target and I can take the rest of the week off. It doesn't mean I'm necessarily bearish on that asset now, and nor should I care what it does after the trade is done. I can journal it and look at where I can improve further, but I'll take the W and wait for the next opportunity. You aren't supposed to measure your success as a trader on how much $$$ you make. Measure your success based on how well you plan and execute. The profit you make is simply a byproduct of quality trading planning, risk management and execution ....

Posted this because a few ppl were asking why I closed my $CRV long ...