Reflecting on My Recent Trading Operations
Over the past few days, I’ve executed several trades across different pairs, including NEIRO/USDT, BTC/USDT, OM/USDT, and DEXE/USDT. My strategy has primarily involved acting as a maker, which reduced fees but required patience. For example, I bought NEIRO at 0.000403 USDT and sold at 0.000443 USDT, securing a small profit. However, a later buy at 0.00054441 USDT suggests I may have missed optimal entry points.
Areas for Improvement:
1. Timing: Avoid chasing prices; wait for better entries to maximize profits.
2. Diversification: Spread risk by trading more pairs or adjusting position sizes.
3. Fee Management: Continue leveraging maker roles but explore fee discounts or rebates.
4. Tracking: Maintain a detailed log to analyze trends and refine strategies.
By focusing on disciplined entries/exits and continuous learning, I can enhance my trading performance. Let me know your thoughts!