#TradersLeague

As mentioned the day before yesterday, the position $ETH might be wrong because the entry point is too early, and the daily candle has not closed yet. The reason is: the market trades 24 hours, and I cannot, so I cannot find the best buying point, thus I will enter the market at the time I post.

Currently, it seems that the market trend aligns with expectations, and I am fortunate. Again, I share my trading logic and viewpoints for everyone’s reference:

1. Daily level RSI + MACD divergence

2. 2B structure at the daily midpoint

The indicators and structures at the daily level take several days or weeks to manifest; this is not easy. Therefore, the cost and price of trial and error are quite cost-effective; do not miss it, even if the market proves you wrong. But please be clear: before the market proves you wrong, you are correct. Therefore, you need to have the right values, clarify your trading purpose, and use it to strengthen your confidence to overcome emotional conflicts. (This is a trading psychology issue, which we will gradually discuss later)

Now, regarding your position, you should set your stop-loss price below your cost price at some level, while paying attention to the previous support level below the midpoint. If there is a volume-supported level there, you should leave without hesitation. If there is no volume-supported level or if there is a volume breakdown, then you should increase your position.