Today's balance 361.1u, a day of significant losses

New trading journey:

Last night, BTC showed a false breakout in a flag pattern, which was perceived as a bullish signal, leading to a long position on BTC. After a quick rise, BTC fell sharply, hitting the stop-loss line, thus ETH was manually stopped out.

When BTC showed a bearish signal, I shorted it, choosing ADA, DOGE, etc., as profit supplements, making up for losses in the morning.

Review 1: Do not chase after rising prices or panic sell; instead, look for suitable entry points to re-enter. Avoid chasing after prices rise immediately; wait for a signal and ensure the risk-reward ratio is appropriate before entering.

In the afternoon, I believed BTC was forming a sideways market, so I continued to hold short positions in BTC and DOGE, gradually closing short positions in ADA.

Evening: Judgement error, BTC showed a continuous upward trend, shifting my mindset to buy low and sell high, and also supplementing the largest drop, Pyth, as a profit supplement.

Review 2: If there is a continuous rise or fall, it is believed that the market has ended; immediately stop loss without thinking the future will drop. Also, avoid unfamiliar coins as much as possible; do not assume that just because a coin has fallen significantly, it will fall further. Research thoroughly before making decisions. Today, Pyth wiped out the previous profits; be cautious, cautious, and again cautious.