Speaking of Binance traders, they dominate the world of trading. Over more than a year, many excellent traders have emerged like mushrooms after rain. The once-slow traders like Ge, Jasmine, have all fallen from grace. Once the top trader, the tortoise and hare race, Han Xuan and Lu all shorted the hottest XRP. The tortoise faced liquidation, and Han experienced a drawdown of over 80%, also nearing liquidation. Therefore, for those who want to follow traders or are currently following them, here are a few suggestions:
1. No matter who you follow, try to take profits whenever possible, roll the profits into more gains. It's the same for me, as there are no evergreens. The futures market is like a knife's edge; it only takes one wave for everything to go to zero. I have seen too many excellent traders go to zero after one wave. 2. Regardless of how successful your trader is, remember to leave when the crowd is loud. The most recent top trader only goes long with hidden risks, opening and closing positions at the right times, and not betting on news. Currently, all my accounts are in profit following him (those interested can search: Qin Shi Mingyue Han Shi Guan). I haven't been doing well myself, starting to short Bitcoin at 1120 and only fully hedging out today. The emotional journey can be divided into three stages. Due to human greed, I have also followed Zhuge Liang's example and left myself a clever plan for future situations where I might be stuck, hoping it will help my future self. I want to reiterate that my trading style is left-side trading, taking profits with the trend for about an hour and holding positions against the trend. Friends who can't hold losses are not advised to follow my trades. Additionally, for those who follow me, I offer two options: 1. Withdraw profits every month, and 2. Achieve dreams together, even if it means blowing up an account, use money that doesn't affect your life to gamble on a future, with a monthly compound interest of 30%, a year being 23 times, and 500 times in 2 years. Currently, it's been 107 days. To be honest, I also don't know if I can reach 500 times in 2 years, but I am willing to try (selling dreams). The data is visible to everyone; it's not as stable as Martingale, nor does it rely on all-in strategies. This is the real curve. Some say I'm gambling, and I admit that I am indeed gambling, but looking back, once you open BN, who can stay away from gambling?
Lastly, let's talk about the recent market situation. Currently, with Bitcoin on the 4-hour and daily charts, I believe there is an M-top pattern. Personally, I am still looking for a correction, as the more than 8000-point correction has not shaken off many bulls. Therefore, I think there will be one more significant correction before we have a healthy bull market.
The task progress has currently reached 4 months, and there is still plenty of time for the fifth month. So as long as you remain steady and develop well, you will be fine.
