By the time of this post today, the account now has 22,000, an increase of 6,000 in profit compared to yesterday. From a principal of 4,000 opened on the 5th, it has quadrupled in 8 days, and as a new investor, I am quite happy.

Let's review yesterday,

The expectation of yesterday's post was bullish, and I said it might reach the 1050-1060 level, and I bought more myself.

However, I should have been more grounded yesterday and made several quick trades back and forth. Although these trades were all profitable, the frequent short-term trading made me overly focused on the 15-minute chart, leading to a relatively excited state, which resulted in a misjudgment of the overall trend last night. I originally expected to go long at the 1010 level but ultimately chose to short. Later, the price rose all the way to 1025, with my maximum loss nearing 600 u.

Fortunately, I always mention opening positions with low leverage, which allows me to leave myself a way out for mistakes. I shorted with 28% of my position, and during the upward movement, the market looked like it had limited volume, combined with the movement of U.S. stocks, so I chose to add 5% to my position for every 300 point rise. I kept my cost line within a controllable range, so by the time of the final pullback, my loss turned into a profit.

Although I ended up with a profit last night, I believe that the high-frequency short-term trading from yesterday is not very advisable. I need to pay more attention to the 1-hour, 4-hour, and daily charts to assess the overall trend and not get carried away by temporary profits.

Now, about today's expectations,

Today’s expectation is a bearish pullback, so I am still holding onto the short position that is currently profitable and have not taken profits yet. As for how low it might go, I cannot be certain, perhaps around 960-970. Today, I will watch the hourly moving average trend to decide whether to take profits.