$ETH

Last night I was tortured by Ethereum, at 11 PM it dropped 60 points in a waterfall, and then after midnight it pulled two big green candles, all the profits were given back and I ended up with a loss, it's so disgusting.

I originally planned to break even, but then I was too angry and moved the stop loss back to the initial stop loss point. Actually, I shouldn't have operated this way; changing the stop loss is a bad habit. I opened a short position at 2652, if I had stuck to my break-even loss, there would have been better points later.

The most important thing is that a tighter stop loss means that if there is a real loss, it will come back quicker.

However, this incident also reminded me that stop losses should be reasonable, they should be placed at points where the market might reverse, and at the same time, entry points require patience and should not be rushed.

This way, I can avoid the disgusting situation where the market sweeps the stop losses and then goes down.

This wave of Ethereum netted me 100 points, and although my position wasn't large, it broadened my take-profit thinking.

I set a random take-profit at 2641 before bed, thinking that it wouldn’t hit due to the downtrend, but when I woke up and manually closed the position, it actually hit, which was a surprise.

I opened quite a few orders yesterday, but 90% of the profit came from this one at night, the daytime trades were just ants moving their homes back and forth.

Once again, it shows that making money relies on the market and not the number of trades.

I hope to change this slowly.