May 9~16 Trading Review (3 Wins 4 Losses, For Personal Reference Only)
Bought $NEIRO , a car at 0.00024, made a 10% profit and got off, then thought of getting back on as it soared, experienced three waves in between
Thoughts: Lack of awareness, when a strong imitation trend comes, one cannot rely on waves, or else one might get swept away
Bought AI MEME on ALPHA, #SHOGGOTH , #VVAIFU , #HAT , #MAX, #GNON, #SKYAI
Betting on a second explosion of AI, indeed they all rose, the entry point was awkward, switched from Neiro, not the lowest, in the mid-range,
On the 14th, overall profit was 50%, didn’t sell thinking the trading volume wasn’t large enough, lacking a big breakout, just held on, resulting in a pullback to losses
Thoughts: The trading system is not完善, with limited funds trying to do short-term, forcing it into long-term, during weak imitation profit, appropriately take some funds to make waves
Distinguish between strong and weak, which can be seen from trading volume. Hold strong, run weak
I still believe there’s a second wave for AI, I’ve been observing recently, from specific applications to platforms, I’m watching closely.
If a second wave can be initiated, I believe there should be a very strong PMF application emerging.
From today’s Binance listing of the $MIRAI virtual human AI project, including PUNT Squirrel’s official backing, has already indicated the issue
Compared several similar projects, the AI projects on Alpha are in an undervalued state, I believe some are the most likely to find viable scenarios.
Error ❎ Market started, shorted a few MEME, directly faced a small liquidation
Reflection: When fundamentally unable to move short, one should immediately change their mindset
And the most important point, no matter what project you buy, you must think clearly about why you are buying it, and have a psychological estimated position, only then can you dare to buy and hold
Keep up the hard work
