According to the investment research prediction results, the opening will drop, with the investment research predicted peak of 0.06-0.08. The opening is short, around the level of 0.062. Before placing an order, calculate the liquidation point at 0.09 with a 20x leverage, mentally calculate the entry position, and enter at market price.
Upon entering, observe that the cost quickly reached -2%, indicating that the market maker wants to push the price up to liquidate the contracts. To experience the intensity of the rise, I entered a small position at 0.0652 and closed it at 0.0667 to feel the result. The upward momentum is average, and it won't reach 0.09 in a short time. Patience is required; a consolidation appeared near 0.059, so I closed one-third of my position, then closed another third at 0.057, stabilized at 0.053, and closed the entire position.
Switching to the spot trading mode, I entered a portion near 0.052, waiting to enter another portion at 0.055, and fully leveraged the position! Waiting to exit after a 10-point rise.
This operation can be considered perfect; many times I knew the peak of the new currency but did not go short. This time I profited from both short and spot trading, which was excellent. The trainees in the office also operated themselves and earned 8%. Previously, not opening contracts was still a mindset issue for me; other factors were not a problem, just the mindset. Through this period of training, my mindset and skills have clearly improved.
Do not fear contracts; make predictions that you can control. Plan stop-loss, take-profit, and position adjustments in advance and execute them. Although I previously shorted Bitcoin and incurred consecutive losses, it was due to incorrect predictions. Israel attacking Iran and Trump throwing surprises are unpredictable events, including the timing of ETF purchases. Uncontrollable factors can lead to trading losses; the win rate of K-line techniques is about 70%. Adding human emotional errors, achieving a win rate of 70% is already impressive; this is statistically researched and can be found in IE literature reports.
Trading is inherently impossible to be 100% accurate. If someone tells me 100%, I would firmly believe they are a fraud unless they explain their methods.
Trading is not difficult; the difficulty lies in not understanding the methods and not being willing to practice effectively. I read a book called "Deliberate Practice," which generally discusses that for an action, task, or profession, if you practice it a thousand times or ten thousand times, you become an expert. I agree with this view, but not entirely. If it can be mechanically repeated, that works, but not if it's about building a nuclear bomb. Trading practice is among the essentials; you need to constantly practice buying and selling points while also adapting to the actual market conditions.