Above 100,000 BTC, only defend and rarely attack, Preserve your capital, preserve your capital, do not open orders blindly, whatever you do during this period is wrong.
Complete the task to receive the airdrop, but the process is a bit cumbersome. There are a total of four steps. It's a bit of a hassle, but Binance has a lot of reward tasks, and participating in each one seriously brings great benefits. Although I didn't make any money from trading 💰, it's still good to take advantage of some perks. I haven't really paid much attention to this broccoli coin before. I'm paying attention to it because of the task.
#交易故事 entered the market at the end of November last year, and at that time, going long resulted in significant losses, especially since I always felt that if I added to my position to lower my cost price, I could break even. As a result, all my savings were wiped out, and now even in a bull market, going long still doesn't feel safe. I prefer to short, but then I get deeply trapped in short positions. I feel it's really tough for me. It's destined that I won't make money. I truly don't know when I can break even. My mentality has collapsed, and I dare not talk to anyone about it. I'm afraid of being laughed at. ...
Just now I published an article about three tips on making money stably, which mainly mentioned how to effectively trade and efficiently monitor the market, and also shared my method of monitoring the market. Hurry up and read it, you can learn knowledge and get red envelopes, isn’t it great!
This is the biggest red envelope I have sent, try your luck!
If you get it, please follow me, I like to send red envelopes to interact with everyone, and I will send red envelopes as long as I make money in the future.
#moodeng 【Learn Knowledge, Answer Questions for Prizes】 I perfectly missed this first wave of the market, looking forward to the launch of the second wave. Many friends are very interested in my second entry point, so I will give a brief analysis.
When this coin undergoes a high-level fluctuation and then starts to continuously increase in trading volume, that is the time I want to enter. Usually, at that time, the stop-loss will not exceed 10%. As long as I buy in when the next main upward wave starts, and as long as the market maker's pull is smooth enough, successfully increasing the position by 2 to 3 times, I can earn at least over 100,000u. So now I need to wait for such an opportunity.
Friends who often listen to my live broadcasts should know what position I am referring to. Recently, many friends following me have made a small profit, and I hope that everyone can benefit in the next wave of the market.
Here’s a small tip for discovering opportunity coins: When you notice a small coin’s trading volume increasing from 30 million to 100 million or 200 million, it is a coin worth paying attention to. As long as you find the right opportunity to enter, you can earn a wave of profit. Therefore, the trading volume [growth rate] is very important and is also an important indicator that I focus on.
All short positions are stuck, it's very uncomfortable to miss out, but what's even more uncomfortable is having a large number of short positions. Today has been spent on margin calls. Whenever I go long, I'm always afraid it won't rise, and there’s no sense of security. Even if I get deeply stuck in a short position, I feel comparatively calm inside. Does everyone have the same mentality? I lost everything on Alpaca before, and now I don’t know what to do... The more I think about recovering my losses, the harder it is to recover them. I've been in the crypto space for a few months and lost everything. Now I just want to stay away, but I feel reluctant. #交易故事 #最近的一笔交易
In the last 10 days, I have cut my positions by 1 million, resulting in an account loss of nearly 40%. During this process, I indeed made several mistakes: - Confused position management - Confused stop-loss - Confused breakeven settings - Confused entry signals - The most critical issue is that I also made frequent trading and other basic mistakes
The more I lose, the more I get caught up in it, opening more positions when losing. Besides not holding positions and over-leveraging, I basically made all other mistakes, completely falling into a state of "anchoring effect." This is a very scary state, and the main reason why the vast majority of traders suffer continuous large losses is due to becoming puppets controlled by the anchoring effect.
**Solution** How can we make such an effect disappear quickly? Currently, I know two methods: 1. The simplest method: let the account drop to zero, completely stop trading, and the anchoring effect will disappear directly 2. The second method is to "stop": a completely calm method is to stop trading and allow myself to slowly return to the best state. During this period, I need to continuously learn from past knowledge, especially trading psychology knowledge.
**Current Adjustment Status** - My trading has basically stopped in the last 2 days, even when I see opportunities, I have also stopped trading - At this stage, I mainly adjust my state by writing posts, doing live streams, playing basketball, and traveling - Waiting for specific market conditions that belong to me, reducing the trading frequency to the historical lowest point - Maintain a "watching and not trading" state: I will not open positions unless there is a major market movement - Refuse external interference: I remain steadfast when anyone mentions market conditions and analysis
**Thoughts on Trading Discipline** - Although discipline is very important in trading, "waiting for opportunities" is the most difficult part - Discipline only needs to restrain human nature, while waiting for opportunities requires resisting market temptations - The market is ever-changing, and those who watch the market for a long time can easily be led by various market movements - Most people cannot wait for the right market conditions, which is precisely why it needs to be cultivated.
#ALPACA At 2:55, the short position was liquidated, taking advantage of the rate arbitrage as others went long, hoping to profit from low costs. During the rate settlement, a massive sell-off occurred, halving the value in just 15 minutes. The direct liquidation amount was $1,097,800.
Friendly reminder: The market maker raised the price from $0.024, so if there are many people trying to buy the dip, it may continue to fall. The rise and fall is completely determined by the long and short positions in the contracts, depending on which side earns more, the market maker will favor that side. Therefore, going short or going long, making money and then running away is the wisest choice. Those shorting should try to avoid paying funding fees; if you make a profit, get out! Don't be greedy, live longer!
#ALPACA At 2:55, the short position was liquidated, taking advantage of the rate arbitrage as others went long, hoping to profit from low costs. During the rate settlement, a massive sell-off occurred, halving the value in just 15 minutes. The direct liquidation amount was $1,097,800.
Friendly reminder: The market maker raised the price from $0.024, so if there are many people trying to buy the dip, it may continue to fall. The rise and fall is completely determined by the long and short positions in the contracts, depending on which side earns more, the market maker will favor that side. Therefore, going short or going long, making money and then running away is the wisest choice. Those shorting should try to avoid paying funding fees; if you make a profit, get out! Don't be greedy, live longer!
$1000CHEEMS Inside information, there will likely be a wave of selling in the next four hours, with a volume of 50000456 USDT. There will be around three million in sell-off at four thirty in the morning.