Before bottom fishing, it's best to think clearly: what logic are you based on, and what level are you working with?
For example, I bought Top 2 spot, and the logic is that the long-term trend is still bullish. So I placed tiered buy orders, increasing my positions by n×1.5, betting that the market in the second half of the year will continue to perform well🕺. Even if it breaks below the trend line, with cost averaging + reserving right-side positions, I have confidence to exit smoothly on a bounce.
But if you're trading short-term contracts, don't fantasize that if 1m goes up, then 15m, 1H, and 4H will follow suit — this kind of "cross-level fantasy" is the easiest to fail⚠️.
When I trade short-term, I generally do the following:
When it reaches the same level of resistance, I take profit at 30%;
For the next level, I set a trailing stop loss/profit;
At the same time, I raise the stop loss for the remaining position to the cost price.
This double insurance strategy protects against all possible volatile movements — even low-probability events should have plans in place; this is the basic quality of being a trader.