Day 19 of trading, let’s thoroughly review yesterday’s situation. First, I experienced a massive drawdown of nearly 20%, which was unexpected. Let’s break it down from three angles: trend analysis, position building, and profit-taking.

Trend Analysis: Still bullish on #AVAX and #DODG , so despite yesterday’s market decline, I held my positions and continued buying.

Position Building: Based on the above analysis, I stuck to a buy-the-dip strategy. However, the strategy was too aggressive, leading to a $30,000 position in AVAX, which was the main reason for the profit drawdown.

Profit-Taking: No issues here. During position building, I also followed short-term trends to take profits in batches.

The biggest issue lies in the second point: overly large position sizes during building. While this led to significant profits in the previous days, it directly caused yesterday’s “Waterloo.” After reflecting, I’ve decided to further reduce position sizes to avoid oversized positions.

Additionally, for the large positions already built in AVAX and Doge, I won’t sell in the short term. Given the bullish trend and having built positions at yesterday’s lows, there’s no need to rush to sell.

Finally, take my lesson: always build positions in small batches.#CopyTradingDiscover $BTC