The Hidden Classroom of Basic Vocabulary in the Cryptocurrency World - What are Left-side and Right-side Trading, and How to Choose Left-side means predicting reversals, while Right-side means following the trend. Therefore, Left-side traders will generally endure some losses first; it's a contrarian approach. Once they incur significant losses, it indicates they've encountered a strong trend, and at that point, all strategies will likely incur losses as well. Others may perceive you as foolish for daring to short or long in such an obvious trend. Everyone has their own suitable trading style; for ordinary people, Right-side trading is better. I have a very solid foundation, and my experience and mental strength combined with my personality are more suitable for Left-side trading. The core of trading is actually position management and emotional management, while the rest is left to luck. Left-side is suitable for: lunatics, contrarians, short-term traders #Left-side trading #Right-side trading
Thank you very much for the kindness in the comments. Actually, I haven't dared to open the comments section these past few days; the pressure is immense. I'm trying to rest and watch the market long-term every day, and I even lack the appetite to eat, only having one meal a day. Losing money isn't the biggest problem; the scariest thing is the fall of one's resolve. I'm very worried about the new friends who joined the copying strategy in the last half month. Because although we doubled last month, those who joined recently have suffered. So I've been emphasizing that everyone should make profits every day; only this way can we prevent being caught off guard by unexpected market movements. However, I've been thinking and optimizing every day in the last few days. Once we get through this wave, I'll review and share my recent thoughts and insights with everyone. If the market continues to rise, I will look for opportunities to reduce my position and accelerate my recovery.
Currently, this position has halved with a floating loss of 50%. From now on, I still have to strictly follow the forced stop-loss strategy of 20-30% loss.
—— The total airdrop value of all projects on Binance Alpha so far has not lost more than the market value of $ZKJ today, which is over 2 billion market value > 377 million market value. The disappearance of 81% of the market value only takes 1 day, this is the crypto circle.
Another all-nighter (*꒦ິ⌓꒦ີ) Stop-loss short, reverse to long, take profit long, short position, take profit, enter long position, part of the swing, continue to enter long, take profit long… I guess this is good enough for everyone Recently, the pressure has been really high, this amount of money means nothing to me, mainly because I’m concerned about everyone following my trades… Alright, after two weeks of intense trading, let's give myself a break today.