I calmed down today after a dizzying loss from my short position yesterday. I ended up increasing my position and margin twice or thrice, but thankfully at the last moment I pulled back from the cliff. If I hadn’t made that last-minute decision, my losses would have been far more than just over 300u; I would have 100% been liquidated with losses exceeding 1500u, and I would have really collapsed. Fortunately, I managed to make a little profit afterward, recovering 30% of my short position losses. To be honest, I was also a bit dizzy when I made those long positions, which was not advisable; it was just luck. Otherwise, I would have lost on both sides. I felt like a headless fly yesterday; my state was just too terrible. My classmates said I looked like I was seriously ill, which made everyone laugh. 😂
After gathering my thoughts, I took another look. At this point, many people are definitely bearish or expecting a pullback, but they are also scared. There are many who are on the sidelines. My own view is to go long on the pullbacks. The second half of the year is about to start, and the interest rate reduction cycle is also approaching. Overall, I'm bullish for the second half of the year, so for the next six months, I will be looking to buy on dips and not short (if I do short, just scold me to death; that would only prove I’m too greedy 😂😂😂).
P.S.: I really don't have the mood to put on makeup, so just take a look at my bitter smile. 😗
