Brothers, I have activated copy trading and transferred funds into the copy trading account. I mainly trade Bitcoin for intraday and swing trading, strictly controlling positions and drawdowns, with a fixed leverage of 100 times. The margin for light positions is 0.5% of total funds, normal positions are 1%, and heavy positions are 2% and above. I adhere to narrow loss trading, do not increase positions when there are floating losses, and appropriately increase positions when there are floating profits. If any brothers do not have time to monitor the market themselves, you can come and give it a try. Just set up the copy trading as needed. After activating copy trading, I can't post trading links when I make a post, so I can only send you screenshots of the trading order pages for your reference.
The pancake is currently in an unordered consolidation state, do not rush to make trades, wait for the formation to complete. There are no big fish here, both long and short positions won't yield much profit.
Brothers, if the big pancake goes this way, it will look very bad. Be sure to be cautious with any longs. For the next major market cycle, we will consider it as a trend reversal. The overall idea is to short on the rebound.
I was just woken up by a price alert call. I don't know what major news has happened in the market, but there must be something we don't know about. I liquidated all my positions during the rebound. I can't rush to trade anymore; I'll wait for the market to settle down tomorrow before reassessing. Although this loss is quite significant, I still need to respect the market. Black swans are unavoidable, so I shouldn't go against the market. There will be plenty of opportunities; for now, I need to stay away from unknown risks.
Just now, when the pancake broke the previous low of 114500 and fell to around 114300, it stopped falling and rebounded. This indicates that it is not a real decline, but a shakeout before a rise. Therefore, I neither increased nor decreased my position, continuing to hold for a rise. I can take profit in batches near 115500 and 116500 based on performance. If it falls again to 114300, I will unconditionally reduce half of my position and then reassess.
The assessment for the market over the next two days is an increase, but I think the possibility of a direct significant rise is relatively low; there may need to be some consolidation. Therefore, while we are judging the overall direction to be upward, we must be bold in taking long positions at support levels. When the price rises, we should also be bold in taking profits at resistance levels. We shouldn't fantasize about making a big profit in one go; this mindset doesn't mean we shouldn't let our profits run, but rather that the market is not the kind that requires us to hold on without reacting. We must take profits when we see them.
90% of the time in the market, 90% of trading opportunities are small opportunities. This means that for the most part, our trades are small wins and small losses. In such market conditions, it is not worth heavily betting, so we continuously adjust our positions and costs, trying to ensure that we only incur a small cost and achieve reasonable profits. Even if we don't succeed, it won't matter, because even if you do succeed, our expectations are just small opportunities. If there is a normal rebound, I will take partial profits near the resistance level of 117200.
This morning, I sold half of my position to preserve capital, and I just bought it back. Currently, my full position has a cost around 114950. I will continue to observe; if it drops below 114510 and does not recover quickly, I will stop-loss the additional half position and only keep half to wait for the market to provide opportunities.
The weekend trend of the pancake is also not very consistent. We just need to know that the larger trend should be upward. We build our positions at relatively low levels, which allows for offense and defense, thus maintaining a good mindset. As for the specifics of how it fluctuates in between, we don't need to worry about that.
Maintain yesterday's view, it is very likely that Bitcoin will continue to rise. After averaging down around 114600 yesterday, the average price is 115150, and I have reduced my position by half. This means that the current position is half with a cost of 115150, so just hold on. There is unlikely to be a big market movement in the next few days, so if it rises to 117000, I will take profit. If it continues to go down, I will continue to average down. The position is completely within my psychological range, so I can hold it calmly.
The long position has continued to add half a position, currently at an average price of around 115150. If it rebounds later, I will consider reducing or liquidating the position depending on the situation.
Since our view on the subsequent market trend is that it will continue to rise, we will not easily stop loss when we first establish our position. Just now, we held half a position around 115700, and we will continue to hold it, but we also shouldn't carelessly add to our position. There is no need to add to our position unless there is a decline of more than a thousand points. We will only consider stopping loss when the market moves in the wrong direction.
It's the weekend, brothers. Yesterday's surge probably wiped out most of the shorts. When the market started to move yesterday, I was just taking the kids to the beach and had to run a bit, but ultimately the market did come back with a big rebound. My outlook from here is to follow the market's direction, buy on the pullbacks. I opened a long position near the current price of 115700 as a base position, and if it continues to pull back, I'll add more. I believe that in the next two to three days, the market should continue its pullback and then rise again, with the next resistance level being around 119000.
I still maintain a bullish view. Here around 112900, those with short positions can make some long orders, and a stop loss of 300-500 points is sufficient, offering a very high cost-performance ratio.
The market is currently in a state of disorder. The big coin looks really bad like this, and this big rebound has indeed taken too long. Still sticking to the previous view, at the current position of the big coin, short positions do not offer good cost-performance ratio, and the structure for long positions is also unclear, so let's mainly try small long positions. Be patient, the market will eventually usher in a big trend.
Today's market is too difficult to operate in. Unless you're extremely short-term, it's hard to make money. Even just trying to have a little bit of a plan doesn't work. I've spent quite a bit on transaction fees. I'm taking a break; in this kind of market, it's too uncomfortable for me to participate for now.
I believe that the recent sharp drop in the pancake was the last shakeout before the rise. I did not exit my long position and will continue to hold on.
The large pancake is really dragging its feet. It has been slowly rising all day today. I have been increasing my position, and I am now at 0.5 of the position. I hope the market gives an opportunity to make a big profit. If it still doesn’t go up, then I will just continue to protect my cost.