坚持复盘

Simply put, left-side trading is essentially betting on a market reversal. The advantage is that once it reverses, your entry point will be very good, and the risk-reward ratio will be favorable, but it's easy to catch it halfway up, leading to further declines and losses. Right-side trading, on the other hand, is about going with the trend; the market has already reversed, and you enter at a relatively middle position. The advantage here is that the risk is smaller, but the risk-reward ratio tends to be poorer, and it can easily lead to sideways movement. The trades I typically place are generally left-side trades, ensuring a good risk-reward ratio but sacrificing win rate, which can lead to losses. Therefore, I always try to keep my stop losses small, but a stop loss doesn't mean I just pick a point; it's determined by support and resistance levels.

Most of the time in trading is spent waiting; there aren't many opportunities. Patience is essential; otherwise, you’ll get stuck. Yesterday, I missed the low due to other commitments. Look, today the only opportunity left is the morning's overshoot correction; there’s basically nothing else. It can’t go up or down; at this position, whether to go long or short is a dead end. So, I can only wait. If you miss out, just wait for the next one. In the long run, there are many opportunities, but if you only look at the short term, there aren’t many chances. Don’t trade recklessly; if you do, you’ll lose.
Patience is the best quality in trading.

Brothers, let me briefly explain how orders are generally placed.
The logic of placing orders is roughly to go long at support levels and go short at resistance levels. If the price breaks through or falls below, we stop loss, and take profit when reaching resistance or support levels. From this basic logic, we also extend to speculative orders, distinguishing between true breakouts and false breakouts, breakouts with pullbacks, simple pullbacks after breakouts, complex pullbacks, etc. Speculative shorts at support levels when they break down, and speculative longs at resistance levels when they break through, etc.
Generally in between, there are no orders placed; most losses occur because one can't manage the losses in between.
The orders of KOLs (Key Opinion Leaders) are also roughly similar, with the difference being in the entry positions and the risk-reward ratios. Many public orders from KOLs are mostly 1:1, and some are even less than 1:1. This is actually unnecessary; the risk-reward ratio should at least be 1:1.5 for it to be worthwhile. Brothers, when placing orders, it's better to maintain a ratio above 2; the higher the risk-reward ratio, the more worthwhile the order is. If brothers find this useful, you can give a thumbs up. Next time, if I have time, I'll post about how to view support and resistance levels.

$KERNEL exploded

Where is the Binance voting boss group? Does anyone know? Are they on the plane, or is someone unable to find the boss? #币安上新 #币安投票上币

You guys say, can I reach the other side? #ALCH

Recently, there have been quite a lot of things going on, I haven't played much, just took a look at Ethereum yesterday, opened a position, and unexpectedly made a profit. Yesterday was a black swan event, with this happening, it feels like reaching 100,000 for Bitcoin is impossible in the short term, Ethereum is a bit better, when will the altcoins come? #加密市场回调

With a stop-loss, this trend, my Ethereum and LTC were originally making two points, but now it's gone. I don't want to trade anymore. Today's overall trend should be fluctuating. If the brothers' positions are not good, it might come back and hit your break-even point.

The market is really garbage, after the sell-off it doesn't bounce back and just keeps shaking. What's going on? Do they want it to drop again?

You can take a look at $ACT , the stop loss is around 18050, the lower the entry point the better, if it falls through, just leave. I'm a bit scared of another big drop now.
There is support near $LTC 125, you can take a look during a pullback.
This guy $XRP had a pin bar last night, feeling that it can't drop significantly without a big decline. I entered early, and I'm just now breaking even; I almost hit my stop loss in the middle of the night.
Now I'm just afraid that Ethereum will have another big drop, but the big coin previously touched the 96000 integer support level, so it's unlikely to touch it again immediately.

Don't rush to add. Now it is Bitcoin and Ethereum that are bringing it down. Wait until Ethereum is stable before adding. See if Ethereum's hourly line will close. If you add aggressively, add a stop loss. If LTC is not going well, don't go there. Wait for the next position before adding.

Swarms seems to be unable to go down. I walked a bit, and the rest is waiting for damage.

I went to short the one at the top of the increase list, not sure what the result will be, will I get caught in the middle? My loss is very small.

You can pay attention to $LTC and $XRP . Don't rush to enter the callback now. LTC is around 130 and there is support at 129. If it breaks this position, it will go down to 125.
XRP support is around 2.72. I heard that there will be news next week. I am not sure about the rise of these news. Dogecoin seems to have risen because of the news in the past two days. Brothers who want to play these two can refer to these support points. Remind brothers, before opening a position, check how Ethereum and Bitcoin are going. If Bitcoin and Ethereum are too strong, it is easy to collapse the copycat.

The trades made today were quite frustrating; I lost two points and didn't dare to send more, fearing further losses. I still need to mention that I don't always profit, and most of my trades are on the left side, which makes it easy to get caught halfway up the mountain. The risk is inherently larger than on the right side.
In the end, the trades I provided are for reference only, offering a perspective. Everyone should gradually establish their own views and trading patterns.

Today's trades weren't very successful; the last Hippopotamus trade requires attention to risk while in the vehicle. If it doesn't work out, just leave. Besides that, I had three consecutive losses today that I didn't share, which brings the total close to 5%. It's just the Ethereum spot that is eating into my capital.
I'm done for now; taking a break until tomorrow morning.

Hippopotamus moodeng below 62 has some support, a pullback to here may end.

It's indeed not going well, let's find a higher point to walk, this order feels like it's going to be lost, I'm waiting for him to lose it for me.

Everyone is falling, brothers must set their stop-losses well, I also came down from ai16z

#VIRTUAL
Enter long around 1.38, the lower the better, stop loss 1.36, take profit 1.49, 1.59

You can also take a look at hei, buy more at low positions, and exit when it breaks through.

You can pay attention to #PYTH and see, the callback is many, stop loss set before the 30-minute line low, do not set the stop loss too large