2.12🐂
Today's operation: eth contract 2494 long 5x 5u to 5.5u
Market phenomenon: Ethereum has been rising for days and fell briefly at 15 points on 2.12.
Verify the logic: Is it logically correct to promptly follow large transactions and positive public opinions from authoritative institutions in the United Kingdom and the United States?
Operation logic: 1. Based on the last operation experience, do not try to seize the turning point, but follow the general trend and enter the market quickly when the pin is inserted downward (not the current price, but fast).
2. In the afternoon of Beijing time, the US market is at night and the market is not active. The large amount of funds recently injected into the Bitcoin ETF is the basis for my judgment that the market will continue to rise, so I buy and hold in ambush and go long.
Verification result: The logic is correct. ETH rose above 2,600 after a brief decline. The contract will stop profit after rising by 10%.
Result analysis:
First, the stop loss was not triggered, and there was an element of luck involved. Originally, the 5% stop loss was triggered at 2469, but the price rose around 2470, which is really dangerous. The fault tolerance rate of the contract is very low, so you have to buy with the pin down to prevent it from exploding. Only with a larger principal can you make a stable profit by doing spot trading.
Second, the logic that "the rise and fall of the cryptocurrency market comes from big funds, and big funds come from the transactions and public opinion output of authoritative institutions" is currently correct. The short-term rise and fall cannot be counted, and the main reason is Look at the market and institutional capital trends, or fabricate public opinion hot spots on value.
Third, if the logic is verified correctly, there is no need to take profits in time, just hold on firmly.
Next step to verify: Will the general trend brought about by Bitcoin ETFs and institutions turn around in the near future? Is it correct to buy with the general trend after inserting the pin for a short time and stop the loss? If the trading logic is correct, the profit will not be taken.
