Trade Review
Today I made many trades, some profitable and some not.
First, before sleeping last night, I went long at 0.024 with 10x leverage on $REZ . I watched for half an hour and closed at 0.025 before sleeping, securing my profits. In the morning, I saw the price had skyrocketed to 0.033. I initially wanted to set a take-profit at 0.03 last night, but fearing a drop, I closed my position instead.
Then, I noticed there were signs of a breakout in Shell, so I opened a long position with 10x leverage on $SHELL , making a small profit. However, as Shell struggled to break out, I decided to close the position.
Then came the bad news. First, I went long on $GPS , and then Binance announced something that caused the price to plummet, triggering my stop loss. After watching GPS, I saw the price recover after the observation was revoked, so I chased the price up, but once again I got caught in the middle and had to manually stop loss, resulting in a significant loss.
During this time, I noticed that Dego had a bug, so I shorted it. However, after being in profit, I failed to take profit in time, overlooking the possibility of the market being manipulated by the news. This again triggered my stop loss.
As a result, I faced three consecutive losses and missed out on the major movement in Rez, ending up back at nearly square one after two days of ups and downs.
In summary, I need to stay calm, calm, and calm again. Actually, when Binance revoked the GPS announcement, there was also an opportunity to recover my losses, which was to quickly assess that GPS would rise with the news and then drop, allowing me to switch from long to short. But the crypto market changes rapidly, and in the moment of hesitation, my losses increased, forcing me to stop loss and miss the opportunity.
But now that it has come to this point, I'll take a moment to calm down today and discuss tomorrow. Time to rest; it’s not a big deal. 🥰
Today I made many trades, some profitable and some not.
First, before sleeping last night, I went long at 0.024 with 10x leverage on $REZ . I watched for half an hour and closed at 0.025 before sleeping, securing my profits. In the morning, I saw the price had skyrocketed to 0.033. I initially wanted to set a take-profit at 0.03 last night, but fearing a drop, I closed my position instead.
Then, I noticed there were signs of a breakout in Shell, so I opened a long position with 10x leverage on $SHELL , making a small profit. However, as Shell struggled to break out, I decided to close the position.
Then came the bad news. First, I went long on $GPS , and then Binance announced something that caused the price to plummet, triggering my stop loss. After watching GPS, I saw the price recover after the observation was revoked, so I chased the price up, but once again I got caught in the middle and had to manually stop loss, resulting in a significant loss.
During this time, I noticed that Dego had a bug, so I shorted it. However, after being in profit, I failed to take profit in time, overlooking the possibility of the market being manipulated by the news. This again triggered my stop loss.
As a result, I faced three consecutive losses and missed out on the major movement in Rez, ending up back at nearly square one after two days of ups and downs.
In summary, I need to stay calm, calm, and calm again. Actually, when Binance revoked the GPS announcement, there was also an opportunity to recover my losses, which was to quickly assess that GPS would rise with the news and then drop, allowing me to switch from long to short. But the crypto market changes rapidly, and in the moment of hesitation, my losses increased, forcing me to stop loss and miss the opportunity.
But now that it has come to this point, I'll take a moment to calm down today and discuss tomorrow. Time to rest; it’s not a big deal. 🥰
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
REZ
0.01376
-8.38%