江师兄

June Performance Sharing
In June, a total of 67 trades were made, including 34 stop losses, with a loss of -32,000u, 32 break-even trades with a total small profit of 8,000u, and 2 profitable trades, one of 60,000u and the other of 83,000u.

In June, there were basically trades happening every day. Due to the mistakes made in April, trading has become very cautious now, so the overall drawdown in June has been relatively stable. I hope to continue to work hard next month.

Actually, it’s not necessary to make a profit every day in a month. As long as you can make two to three profitable trades in a month and control the trading frequency well, only trading in familiar markets, making money is actually quite easy.

This coin, #HUSDT , unexpectedly broke out at the bottom and is currently in the first wave. I hope it can form a second wave, which would complete an upward trend. The market is moving very quickly; has everyone caught on?

Is this coin #br one with a thousand hearts? To produce such a K-line shape this year is truly unique. Big players and market makers, should you at least put in a little effort? An electrocardiogram shouldn't be this flat after all. This pattern looks too fake. Even if you're going to harvest the retail investors, you should at least put on a show. Old retail investors like us don't even dare to follow along; how can you harvest us?

#zkj After a long drought, it rains sweetly. Catch a wave of quick orders, make a small profit, and when the opportunity arises, you must be able to enter decisively. How many friends got a share of the profits, please share!

The recent market conditions are as bland as plain water, with no fluctuations. Often, such a situation over time indicates that the market is brewing greater opportunities. The overall trend in the past two months has been bullish, so will the market continue to rise? Personally, I think the possibility is still quite large. Recently, the cryptocurrencies that need attention are those with rapidly increasing trading volumes, especially those that are particularly volatile and have risen sharply; they could be the next major opportunity.

$TRB Today I took a profit of 30,000 USD, which is also the only active profitable trade in May. In the last 10 days of April, I had a total loss of 140,000 USD, which seriously affected my mindset, but I managed to control it quite well in May.

In May, I made a total of 84 trades, with 44 of them being loss trades, 37 being break-even trades, and 3 profit trades, all of which were small profits. It was a mix of losses and gains, and ultimately, I had an overall loss of 169.39 USD in May, which is a stroke of luck within misfortune. This month has had a significant impact on me: firstly, my mindset was affected last month, and in the early part of this month, I continuously missed out on a profit of 300,000 USD (these profits were already floating gains). Recently, I made a small adjustment to my profit target, lowering the risk-reward ratio first, to ensure normal account returns, and once my mindset stabilizes, I will adjust the normal risk-reward ratio.

Trading is actually quite difficult. The entry points are relatively easy to grasp, but the hardest part is managing emotions and state. When faced with challenges, it especially tests a person's psychological quality, like the significant mindset test I faced in the last 40 days. No matter what, I at least adhered to strict trading discipline, with minor mistakes, but no major ones. For example, I strictly followed light positions, stop losses, and trend-following. The only small error was that my trading frequency was still a bit high. There weren’t many good opportunities this month, yet I opened over 80 trades, which is quite a lot, and I spent almost 10,000 USD just on fees. So controlling my hands is actually a very difficult psychological activity.

The above content reflects my personal trading insights and growth journey, hoping it can help everyone. If there are any questions, feel free to leave a message in the comments.

The two small coins that are the focus today are $HAEDAL $COOKIE . The trading volume of these two coins has been continuously increasing from yesterday to now, with a significant increase. Along with the surge in Bitcoin, they have also become the hottest small coins currently. You just need to find a suitable entry point. Since I am using a floating profit and increasing position model, I have made six or seven long positions from yesterday to today, none of which were successful. The market has not been particularly smooth, but the opportunities are still quite evident. If you are not using a floating profit and increasing position model, these two coins can be a key focus. Small coins carry high risks, so please be prepared for risk management at all times.

My Actual Trading Capital Curve

The last month has been my worst trading period in the past year, mainly due to psychological issues caused by the last ten days of April, which led to continuous mistakes resulting in over a 30% drawdown in my account. The mistakes I made during this process were basically the same few common errors: first, my position size was a bit too heavy; second, I had slightly larger stop losses; third, I traded too frequently; and fourth, I was easily influenced by external factors. These were the main reasons for my continuous losses in April.

Starting from May, it has been 20 days until now, and the market hasn't been favorable. Coupled with my confidence in trading being severely impacted, I basically didn't make any money in May. However, I didn't stop trading; on the contrary, I executed over forty trades in May. I just managed to control things better, so I neither made nor lost money in May. Below is my capital curve for the last three months. Compared to those around me, I believe my capital curve has remained relatively stable, and I hope that my upcoming trades can be even more stable. Recently, I made a simple adjustment to my trading, starting with a few trades with slightly smaller risk-reward ratios to stabilize my account, and then I will consider larger risk-reward ratios later.

#mood Real-time analysis, Hippo 🦛 is currently in a high position with a shrinking volume increase 📈, showing strong upward momentum. The K-line pattern is very smooth and clear. From experience, the probability of continuing to rise tomorrow is quite high, and we can exit when there is a massive volume at a high position.

The probability of reaching 0.4 in the first phase is still quite high, and in the second phase, it may challenge 0.5. Looking forward to a massive volume being released in tomorrow's market; if a huge volume is released, that would be even more perfect.

The luck in this wave of market is really poor. Every time I increase my position, I end up with a loss. I lost 400,000 USDT in this wave, and I will be upset for a few days.

#memefi What is this for, 15 minutes, a direct drop of 60%, are we even allowed to live, the drop is so fast, I haven't even boarded yet, there is no insight at all, the dealer's layout is too small, just messing around blindly.

$LAYER fought for 22 hours, with a total profit of 51000u. Although I closed my position, the market is still clearly in a bearish trend. I was mainly scared off by the funding rate, which is charged once every hour. Who can withstand that? From yesterday until now, the funding rate has taken away 20000u. With such a vampire, who can endure it? Who knows how much longer this will fluctuate!

Some of you may not be aware of the funding rate and might still be holding short positions, only to find out later that you've inexplicably lost money, without even knowing what happened.

$LAYER has settled for a week, and I caught the first order. Although it's just a small market movement, I decisively took a profit of 41,000u in three hours of confrontation, achieving a tenfold profit-loss ratio 💰. The remaining portion will continue to wait for opportunities to add to my position, hoping to earn another 50,000u. Based on this chart, the probability of a sustained decline 📉 is relatively high, so I am preparing for a protracted battle.

Friends with short positions should pay attention to the risks.

Making money is actually very simple; the complex part is yourself.

When you can choose to remain on the sidelines, even missing opportunities, rather than chasing signals that do not align with your trading system, you will find that the essence of trading is surprisingly pure.

Top traders do not possess more secrets of the market, nor do they have the ability to foresee the future. The real difference between them and you is that they can always maintain clarity and restraint in the face of market temptations. This self-taming of trading impulses is the core principle of survival in the market.

The path of trading is inherently simple and straightforward, so simple that every novice knows it as they take their first steps. However, most people find it difficult to grasp the profound wisdom contained in this 'simplicity' before experiencing the trials of the market, and they are even less willing to believe that success actually begins with restraint of desire.

$ALPACA From a floating profit of 110,000 USD to a loss of 37,000 USD

I never expected this coin to perform like this; from start to finish, it was clearly arranged by the operators. I have to admit I'm quite impressed with this trader; their movements are unpredictable and they specialize in countering various resistance. From the beginning until now, I have made a total of 7 trades, with a total loss of 37,000 USD:
First short, floating profit of 12,000 USD, ended up breaking even
Second short, floating profit of 35,000 USD, break-even not triggered, loss of 13,000 USD
Third long, floating profit of 150 USD, lacked confidence to close manually
Fourth short, floating profit of 10,500 USD, did not set up a break-even stop-loss, loss of 11,000 USD
Fifth short, floating profit of 60,000 USD, ended up V-shaped reversal, break-even
Sixth short, floating loss of 7,000 USD, direct stop-loss of 7,000 USD
Seventh short, floating loss of 6,000 USD, direct stop-loss of 6,000 USD

Seeing such results, I might be called an idiot, but that's the reality. This coin has completely shattered my trading discipline. If I had strictly followed my trading rules, I could have either broken even or incurred minimal losses, but the reality is that I violated my own trading rules, relied on luck, and magnified the risks. This is very unprofessional and is the main reason for my final losses.

Trading discipline is really important, but it's very difficult to execute 100%. I often make mistakes; in the last 8 days, I made a total of 12 mistakes, resulting in a total loss of 120,000 USD, of which 80,000 USD is additional loss due to mistakes. The main issues were position size amplification, failure to stop losses in time, reliance on luck, not setting break-even profit levels in time, and making reversal orders after stop-losses, among other major errors. These are unforgivable, and the penalty is an additional loss of 80,000 USD. This is all a cost, a warning, and it also indicates that my trading level has issues; I am not sufficiently aligned in knowledge and action, not steady enough, not clear-headed enough, and easily controlled by emotions leading to impulsive behavior.

The above information is my personal account, detailing my trading facts. I hope to let more traders see and comment on it; perhaps it can resonate with some.

Is this the last struggle of $ALPACA ? I hope the decline goes smoothly so that I can make some profit. The contract will be delisted tomorrow, everyone please pay attention to the risks.