When the status is good and at its peak, we just forget about the profits we made. Last week, Dayu took a loss with a small account on a trade, took a big hit, and everyone knows about it. In the past week, Dayu has almost made back what was lost with a small position by trading short-term (as seen in the image below).
The impact of the trade war has led to frequent surges and drops in the market this month. To be honest, there’s no technical aspect to speak of. Dayu has also seriously reviewed the operations from earlier and the win rate was indeed quite high. However, after averaging down, it easily leads to small profits and big losses; a few trades or the profits made in the previous week don’t cover one losing trade, and the profit-loss ratio is seriously disproportionate. Given the recent market trends, Dayu plans to close positions and operate without averaging down, strictly maintaining defense and steadily taking one trade at a time. We will review our comprehensive win rate at the end of each month, quarter, and half-year. What does everyone think?
In fact, Dayu is just like everyone else; there are times when the trading doesn’t go well and there’s confusion about where to head next. But then I thought, facing the profit and loss in my account is essentially facing myself, correcting my flaws, confronting my mistakes, strictly disciplining myself, not telling lies, and gradually solidifying my trading system. At the same time, I hope to encourage and support each other with everyone 🙏$BTC