Yesterday I just hyped up cake, and today I got slapped in the face, it's become a counter-trend. However, I didn't say the short term would rise. Although I am trading contracts, I treat it as spot trading because my principal is small, and holding spot is not cost-effective. Trading contracts allows for leverage.

Yesterday I shared my thoughts and got a bit carried away, and today I added some more as it fell. Actually, it's hard to say whether it will go up or down from this position. I don't have a positive outlook on the US dollar index, and I still hold a bit of a short position in the S&P. Bitcoin is also at a high position, and if it drops, it will definitely bring down the entire market. Cake will definitely come down. I don't mind holding for the long term; a drop would be perfect for me to add to my position slowly. As long as the alpha keeps coming, I'll keep holding on.

I don't have the technical skills for short-term trading in contracts, and I don't dare to use such high leverage. I admire those brothers who can multiply their small funds by hundreds of times, but I don't have that heart; I can't handle that kind of high-leverage position. I'll just keep accumulating cake slowly, hyping up cake, hoping to blow it to the sky.