Last night, the long position stop-loss for ETH was triggered, so let's summarize:

Last night, I set up a long position for ETH at the 3000 point mark, with a stop-loss set at 2950. From the market's perspective, the overall trend was quite tense, reaching a maximum of 3040, with fluctuations of about 120 points throughout the day, and a minimum of 2921. At that time, all trend indicators showed a bullish outlook, and there was no reason to short, so choosing to go long was reasonable.

Subsequently, the price dropped to 2935, triggering the stop-loss at 2950, allowing for a timely exit. Although at three in the morning, the price rebounded to around 3010, close to the entry point, adhering to the stop-loss exit is essential. This rebound was merely an exception; one must not harbor the illusion that 'not using a stop-loss means no loss'—one should be aware that more often, the market could plummet drastically, dropping below 2900, or even heading towards 2870, and at that point, it wouldn't be about regret but outright liquidation.

In trading contracts, using a stop-loss is the bottom line. This stop-loss resulted in a loss, but there will be opportunities to recover next time; the key is to adjust the mindset and prepare for the next opportunity. Not using a stop-loss might allow for nine wins, but losing just once could lead to a total loss, and such risks must never be taken.

Weekend market fluctuations are usually small, so everyone can relax a bit. On Monday, I will continue to set up positions in real-time in the square, so please stay tuned. #币安Alpha上新 $BTC$ETH