$DOGE

I really like to trade frequently in DOGE. By shorting, I gradually increased my account from 150U a week ago to 500U-600U now (including some open floating profit orders). In each operation, I strictly control the leverage and only use 2-3 times to avoid unnecessary risks due to drastic market fluctuations.

Everyone knows that the disadvantages of frequent trading are obvious, so I won’t say more here. Let’s talk about the advantages, such as being able to respond to short-term market fluctuations more flexibly, especially in a volatile currency like DOGE, there are many short-term opportunities every day.

By capturing the high opportunity when the price is close to the upper track of the Bollinger Band, I entered the market in time to short when I failed to rush up many times, and at the same time referred to the changes in trading volume to confirm the continuation or reversal of the trend. When the price falls back and the volume increases, the confidence in holding positions will naturally increase, and when the rebound shrinks, the profit-taking opportunity can be better grasped.

It is precisely because of this flexibility that I can use a small amount of money to seize every suitable opportunity during this period and gradually expand the account funds.

The future goal is to continue to maintain a light leverage and a stable trading rhythm, while paying more attention to the observation of the big cycle to avoid ignoring the core direction of the trend due to frequent trading.