In continuation, I set trading rules for myself. By adhering to these rules, I achieved 22 trades with 21 profitable ones, resulting in a win rate of over 95%. I increased my capital from $1050 to $1450. Continuous profits led me to fall into the trap of human nature again. I abandoned my trading rules and opened positions 5 times larger than before. The result was that I lost all profits within 10 days and am still holding onto my positions, continuously averaging down and increasing my position size. Smart people learn from the failures of others, and I hope everyone can gain insight from this experience.
Experience summarized after several liquidation incidents Entered the cryptocurrency world in March, diving headfirst into the futures market, and experienced liquidations on several of my significant positions. Two of these were due to following others' advice, which taught me a bloody lesson: when trading in the crypto space, one must have complete confidence and never trust others' trades. Gradually, I discovered that controlling a reasonable position size can keep the win rate above 90%. Therefore, when capital is insufficient, ensuring the safety of positions is crucial; otherwise, liquidation awaits. You might get lucky and make a profit, but losing one trade can wipe out your entire investment. Interested partners can discuss and exchange ideas at #经验是走出来的 .
(Ninety-Five) is a pseudonym I am 22 years old this year, retired in March, ending a two-year military career. With a yearning for life outside, I felt that I could succeed in whatever I did. After a month of retirement, I learned about virtual currencies through an introduction from a childhood friend. At first, I didn't believe in this thing. After all, I wouldn’t earn money outside of my knowledge. I was also afraid that the savings I had accumulated over two years would be put at risk. However, now I am here to publish an article. The result is self-evident. I still embarked on this irreversible path because my childhood friend lost money trading contracts and later made it back trading spot. He advised me never to touch contracts. We can't compete with makeup.
$ETH Seeking steady victory in seven days Preparing to buy more at 1680 There will definitely be a significant correction Buying more at 1680 to see 1980 300 points of space
If there are no major surprises in the trend of $ETH , it should pull back to around 1555. If it breaks below 1605, you can go short directly. Brothers, don't use too much leverage!