In the past, when I saw others posting such pictures, I would get jealous, imagining one day I could do the same. Later, I gradually learned and adjusted my mindset, hoping that fellow partners who are also suffering losses not only feel envy but also work hard together. The process of growth is painful, controlling greed is difficult, and everything must be borne by oneself. Reflect on your own mistakes, do not forget your original intention. At the beginning, I just wanted to earn a little every day. There are many market opportunities every day. Why should I feel anxious without opening a position? Ultimately, it's because of greed, always wanting to quickly recover losses, wanting to achieve big gains in one go. The more you care about the money you've lost, the less you can calmly execute each trade. For profitable trades, the slightest profit pullback makes you want to escape, while trades you should have exited long ago are held onto with unreasonable emotions and a foolish glimmer of hope, enduring meaningless losses until you can't bear it anymore. Yet, the point where you can't endure is often the inexplicably best entry point.
Criteria for determining a bull-to-bear transition: Demand is gradually decreasing, and the upward trend has stopped. Supply is gradually increasing, and demand can no longer dominate the trend. Explained approximately with a small-scale 15-minute chart #the
In the process of continuous rise, the trading volume continues to shrink, indicating that demand is decreasing. The subsequent red falling candle indicates that supply has emerged, and the following demand has not been able to create a new high, meaning it did not break through 1.75. Therefore, the closer it gets to 1.75, the more it can be shorted in the short term. $THE
$CRV It's almost time to go somewhere. Don't rush in blindly. Instead, be like a hunter, wait for the right moment, and strive to kill with one strike.
Trading is definitely a process of continuous learning. Today's share is 50u, work completed. I promptly cut losses on the first small fish's short position. I have a lot of confidence in the short position of the second small fish at a high level. A small fish at a supply line resistance level. A small fish at the neckline position.
Two small fish for everyone 😊
What is a dead angle? A so-called dead angle is where, at support or resistance levels, the candle's high points keep decreasing while the low points keep increasing, causing price fluctuations to narrow down. A dead angle means that the price is about to experience significant fluctuations, which is a great time to enter the market early. I am A Qin, a little leek striving to become stronger, let's encourage each other.
$ETH The Ethereum to Bitcoin exchange rate is strengthening, firmly believe that the prince's outbreak has not yet come. Around 3433, there are suspected sell orders from the big players, suppressing the price to facilitate accumulation. The low point of the bottom trend line is gradually getting too high, indicating that the difficulty of picking up low-priced chips is increasing. Aggressive partners can enter contracts with a small position first, spot trading doesn't matter, can buy in, the more it falls, the more to buy. Conservative traders are advised to wait for the price to drop to near the trend line to enter long positions, around 3350. Personal observations and summaries, everyone is welcome to communicate. I am A Qin, a little leek with dreams, let's encourage each other.
Launch: 1. **Launch**: Refers to sending spacecraft, rockets, etc. into orbit. 2. **Rollout**: In business, refers to the official release of a new product or service.
Pool: 1. **Pool**: An artificial body of water for swimming or relaxing. 2. **Gathering**: Concentrated resources or forces, usually for a common purpose or benefit.
**Overall Explanation**: "Launchpool" is a compound word, typically used in the cryptocurrency or blockchain space, referring to a platform or mechanism that provides funding and support for new projects or tokens. This often involves the launch of a new token and participants pooling resources to invest in and support the project.
Launched in November 2023, price around 2 Around February 2024, 10 times, around 20 Falling for 8 months in a row, price bottomed out in October, strong support level 3.7
There will be a large-scale unlocking at the end of October, 80%, the price may fall, look for opportunities to buy during the decline
Current price is 5.1, if aggressive, you can lighten your position
Around 4.5 may be a good price, you can cover your position
Observe whether the 3.7 support level is effective, if it cannot fall below 3.7, boldly intervene
#美联储11月降息预期升温 Fida coin Record the observations. There were large outbreaks in December 2023, March 2024, June, and September. There is reason to believe that there will be another outbreak in mid-December
0.25 interim low 0.20 to cover positions If it can drop to around the previous low of 0.15, observe the bottoming situation and intervene boldly, stop loss at the previous low
Personally buy a small amount at the current price and go long, and there will be a low point in the future to enter the ambush
$AAVE The bottom forms a double bottom structure The 15-minute moving average is golden cross, and it does not break when it falls back It complies with the trading system It is predicted that the upper track of the Yanbolin band will slowly rise Stop loss 139.6 Take profit when the rise is weak, or leave the market when you feel satisfied with the profit amount, and don’t be greedy to win Win
$BTC $ETH As the interest rate cut approaches, there is a saying in the capital market that is often said:
Bad news often turns out to be good news. Unless it is greatly beyond expectations Good news turns out to be bad news, unless it is greatly beyond expectations
The probability of a 0.25% interest rate cut is high, and the probability of a 0.5% interest rate cut is low. Both 0.25 and 0.5 are not considered to be greatly beyond expectations, so the market will not have particularly large fluctuations, and it may usher in a sharp drop after a slow rise.
Let me give you an example. The first one: a knife hangs over a person's head and can fall at any time. The second one: the knife has fallen, but the person is not dead. Which situation is more likely to cause panic? It must be the first one. Another example: The first one: a person goes to meet an online love object, and her photo is very beautiful. The second one: the appearance is OK, but not as beautiful as the photo. Will you still be as happy as when you meet? I don't think so. So this explains why good news will bring bad news, and bad news will bring good news. Of course, the premise is that people cannot die. To speak human language, you still have to have bullets. I am A Qin, let's grow together.
After struggling, I went from 3000u to 1000u; I stumbled and fell, from full of confidence to cautious; I opened orders at will, and resisted orders with blind confidence. I thought I was destined to be extraordinary, but I was actually unwilling to be a loser. From today on, I will study hard and improve my cognition.
The money won by luck will eventually be lost by strength.
With the process of improving cognition and perfecting the trading system, profit is just a natural result. Many times, I have read a lot of truths, but you still can't make a profit. I think it's probably because your understanding of the truth only stays at the level of seeing it, and you still despise or even disdain it in your heart. I didn't regret it until I fell and bleed. But without these hardships, you may never grow up. Hold on, knowing shame and then courage is the mentality you should have. If you collapse at the first blow, it will probably be difficult to succeed.
Theory without practice is ultimately shallow and fragile.
I will record my growth diary here, and I hope everyone can give me advice and grow together.
My trading system:
1. Opening order conditions
1. Golden cross of moving average, no break after retracement, long
2. K line crosses the lower track of Boll band, and RSI is below 30, long
2. Stop loss: never resist order
If there is support and resistance level, set stop loss according to key level;
If there is no support and resistance level, but it is considered a good opportunity, then you should always watch the market without setting stop loss, and leave decisively when the situation is not right