0711 Transaction Record
The WIF short position is still maintained, and the stop loss is lowered to protect capital.
Looking at these three pictures, you can find that WIF's "price presentation" is weaker than the broader market. It is clear to find a representative long red/long black as a benchmark for comparison. I am short not because I am bullish, but because I am bound to follow the trend.
In addition, I saw many currency friends posting about the benefits of WIF, but the reality is that the price is so weak that it cannot be raised. I used to do this often, and started to find reasons why many experts were optimistic about WIF to convince myself not to stop losing money. , and make up many stories to explain why the price cannot rise. In the end, you will find that no matter how much homework you do, the price will still not rise, and it is all in vain.
In fact, there is only one reason why prices will fall: "There are more people selling than buying."
All we have to do is make money. I would like to ask if you want to be a "fundamental investor" who understands many fundamentals but is trapped by dog dealers, or a "trader" who understands nothing but makes money by following the trend?
Like and share your views with me. I will share the benefits and methods of following the trend to the brothers who support me later.
