Sharing of personal opinions before important data
After the short order was prompted on Monday, I hope that friends who follow my thinking will exit in time. If it brings losses, I am really sorry, because trading is a very lonely thing, and I can't help but want to share my views
This year, I mentioned in the mid-March of domestic futures exchanges with colleagues that most domestic agricultural products and chemical products are currently high in inventory and low in demand. Go short at highs. Cotton 16010 short price, see around 13900, it has arrived, lithium carbonate, 99000 short orders, and I have made money until now, because our electric cars are really super cute and seriously oversupplied. The production and mining costs of lithium carbonate are only about 40,000 to 50,000, and lithium concentrate is a little higher, but it is also in a serious oversupplied stage. The problem is that you see the profit taking during the holding process, especially the short orders, which are simply unholdable...
Back to the topic, the same is true in the currency circle. After I held too high a position in the night trading of Monday, I saw the profit taking back. After all the stop losses, it returned to the position below my average price in less than half an hour. I felt a little powerless looking at the screen, so I started a series of operations that did not conform to my technical judgment, until the funds were only four digits, and then I felt at ease.
I started with 2600u and experienced the first blow-up in my life. After losing more than 2000 for the third time, I started with 2000 parents for the fourth time. I seized the opportunity of the plunge in early August. The account instantly reached nearly 30,000u. After transferring 4000 out, I started to make self-destructive operations again.
When sharing so many personal wins and losses, I want to remind individual investors that if you are a 🈶 trading system, please strictly abide by it. If you make excess profits, make half of it. Only the money you leave this market is yours; open a grid or use one-tenth of the funds to play in the wild in a volatile market. This market can be done at any time. Everyone wants to copy low and sell high, and vice versa, but ask yourself, can you hold a trend order for a week?
The CPI data will be released at 8:30 tonight. It is another game of long and short. If you stand on the right side, your assets will be lost. If you are wrong, you will leave the market. Therefore, the prudent approach is to announce the data, enter the market after the announcement, and run ahead.
Finally, I wish all retail investors can make money and leave the market. $BTC
