The big boss has organized a short-selling strategy after paying 1 million in tuition, recommended to forward and save
1. Stop loss all positions if the price drops by half, double the principal. Don’t focus on the amount, focus on the overall position and ratio. If the position is large, stop loss half of the total position if it drops by 30%. (melania)
2. Avoid strong coins when short-selling; they rise against the market's big drop.
3. Only use limit orders, do not use market orders. It’s okay if you can’t buy; there’s always the next opportunity, but buying at too high a price greatly affects your mindset.
4. Don’t touch projects that the team is good at trading; it’s best to find projects from a technical team/art background for short-selling. (layer/anime)
6. Projects without financing in this round generally have significant economic pressure after financing in the last round; consider short-selling. (elx)
7. Unless it’s a fully unlocked token, as long as there is real unlocking selling pressure and no real capital inflow, it can be added to the watch list. People are always self-interested, and no one can resist the temptation of vast wealth. (wld)
8. Always write down the logic before operating; many times, it’s about seeing correctly but not holding. If your mindset is poor and you can’t accept losses, don’t open a position.
9. Do less contracts unless opening shorts; only do long positions, not short ones, because what makes me money are long positions.
10. After closing a position, write a summary: “Where did this trade go wrong?” “How to change next time?”
Template for recording each trade
• Open short/buy: ___________
• Cryptocurrency: ___________
• Opening price: ___________
• Target price (take profit): ___________
• Stop loss price: ___________
• Brief logic description (within 3 sentences): e.g., there is unlocking; overheating; after the washout by the operator, preparing to sell
• Maximum acceptable loss in USDT (percentage)
• Is additional buying allowed? What are the conditions?: