Event Contract 100-Day 100,000 U Challenge
Day 2 Today's performance 73-54, win rate 57%, profit 1100 U.
Today is Sunday, I stayed home all day and played event contracts, the market is like shit.
I like to go against the trend, and today the major cryptocurrency is mainly in a downtrend, so I mostly opened bullish positions. I opened a total of 127 orders today, and there should only be a single-digit number of orders that bet on the decline; the other more than a hundred orders were bets on the rise.
However, the market movement today really made it hard to hold on. There was no sustained increase, and basically every rise was followed by a continuous decline, with each candlestick showing long upper shadows, and some were even pure bearish candlesticks. It was quite uncomfortable to place bullish orders today.
The root cause is still the lack of volume, continuously being beaten down. The weekend should still be mainly short, especially after the violent surge on Friday night.
If I had changed my mindset today and focused on shorting, I probably could have made over 10,000 U, but unfortunately, I couldn’t get over myself and went against the major cryptocurrency.
Fortunately, my orders were relatively precise; despite the whole day of gradual decline, I opened more than a hundred bullish orders and was still able to barely complete today's task, which is not bad.
100-Day 100,000 U Challenge, current progress 4880/100000
