【Summary】After half a month, I finally doubled my investment
A while ago, I lost the 200 I invested, and then I invested another 200, sold it as soon as I made a profit
Let's summarize the recent failed orders
1. Not strictly adhering to stop-loss and take-profit lines
Every time I see the price approaching the stop-loss price, I always end up stopping the loss early, and then the price finally moves in the direction of the take-profit, such as #AGLDUSDT, #MORPHOUSDT, #ACTUSDTD, etc.
I closed positions after a slight pullback on take-profit
2. Frequently watching the market
Whenever I have free time, I check every few minutes, which affects my mindset
3. Poor position control
I haven't studied relevant content; every time I just go all in and close all positions without any operations like adding to positions, averaging down, or reducing positions
【Suggestions】
Trading is better suited for larger timeframes; I previously used 15 minutes (trading timeframe) and 1 hour (trend timeframe) which felt inaccurate.
Currently, I am using 1 hour (trading timeframe) and 4 hours (trend timeframe)
【Inquiry】
Does anyone have suggestions for position control or study materials? I would appreciate any guidance from the experts.