Review of the 26th~27th (for personal reference only, loss of 6, profit of 3, with one heavy loss)
Trade
#KERNEL $MLN $TUT
#HYPER #NEIRO #SUN #ACT $DEGO $BMT Total 9 trades
Review
1. $NEIRO Profit buy, saw the MEME sector rising significantly and wondered if it could follow suit, bought at 0.002479, indeed started to judge correctly, rose over 15%, opened at 12x,
When profits expanded to 200%, greed set in, didn't realize it had already peaked, started to withdraw but still held on, went from a profit of 2200 to finally walking away with 800.
Taking profits is important, otherwise it's just numbers; if the direction is wrong, you must take profits immediately.
2. $SUN Loss of 200, the logic for buying it was seeing $JST rise, hoping $SUN could follow, previously it was correlated, but the correlation lasted only a few minutes and then it dropped.
Reflection: Mainly due to the single-mindedness of Brother Sun’s calls, it didn’t create correlation; don’t assume your own beliefs are correct.
3. $ACT $TUT Loss of 200, the logic for buying it was a rebound in the AI sector, hoping to catch a wave of rebound.
Reflection: For projects from our country, caution is needed when buying without good news or updates, especially since $ACT has already caused harm once, be sure to watch for a second occurrence.
4. $HYPER $KERNEL Most severe loss of 400, the logic for buying these two was based on seeing impressive investment backgrounds, and thinking a 40 million market cap wasn’t high and could still surge, but the surge only lasted 5 minutes and then dropped, from a profit of 300 to a loss of 400.
Reflection: For new coins, in the current environment, don't expect too much, unless they have been down for several months, you can start trading after just one day, but most likely won't be able to trade afterwards, and can only short.
5. $MLN Loss of 60, the logic for buying it: market cap low enough, small enough, currently speculating on small caps, hoping it could rise, but it also dropped shortly after.
6. $BMT $DEGO Profit of 500, the logic for buying it: market cap low enough, concentrated chips, good for a pump.
Total profit of 1300, loss of 860, net profit of 440.
Summary: 1. Don't easily go heavy on positions unless you are particularly confident in the numbers, 2. When there are large losses, especially with the first three issues, immediately consider that the overall direction has changed and is unrelated to you; timely change direction, cannot only go long without shorting.
Trading is not a one-time thing, it should be ever-changing; following the trend is very important, keep up the hard work, keep going.
@币安Binance华语