$AUCTION

Summary #auction

About entry, slight profit and cut. Lost funding fees.

Withdrawn:

1) Bad entry point. (no clear reversal signs yet) must get in because afraid the price will drop from there and a red candle will lose a good entry ——> STUPID.

2) When seeing the price still not decreasing but continuing to rise, do not dare to cut losses or go long against it:

+ Afraid of going long, then get caught at the peak.

+ Holding onto short, maybe it will turn around because many cases are just like that. —-> trading with hope: STUPID

3) Price after the first DCA is 37, liquidation is still very far away, must go 4 times more from the peak of 68 (at this point down $500) but still do not dare to DCA because funding fees are very high, in case it pumps again and then gets stuck it will burn out so keep the account safe and hold that loss. Hold until it returns to break-even, slight profit then exit, not hold onto profit. Accept a little loss ——> extremely poor trading psychology because afraid it will fly again and hold onto a loss.

Always know that risk always has a big opportunity but I keep missing it, knowing that many brothers burned their accounts, suffering great losses but I have to fight for myself, always improve to take money from the market.

Remind myself to always learn and strive.

I lost profits from the auction, what a pity.

Have you guys eaten well and are full?