Hello, brothers, I am trader Zhu Once, today is October 4, 2023. The market continued to fall this morning. Altcoins generally fell by 5-6 points, and bulls suffered heavy losses.
The small non-agricultural data will be released at 8.15 tonight, and the non-agricultural data will be released at 8.30 tomorrow night. I was negligent this time and did not pay attention to the schedule of major events this month, which indirectly led to the current long orders being locked up.
Why I emphasize the importance of this timetable is because in today's less liquid market, whenever a risky event approaches, out of risk aversion, many funds will choose to sell and wait and see, which leads to two or three days before the announcement of a major event. The market is more inclined to fall, and careful friends can pay attention to it.
I predict that the current market will fluctuate and fall until the data is released on the evening of the 6th. During this period, it will drop from time to time to test the support level.
You can buy your favorite currency at low prices and hold the currency until it rises. I believe October is a good time for bulls.
Currently, I have a single account with blur. I bought 300,000 at the bottom of the decline this morning. The leverage was also raised to 10 times. The operation was more aggressive. Only then did I see the non-agricultural data was released on the 6th. For safety reasons, blur rebounded slightly and then leveled. I lost the part I added today.
The reason why I chose blur is because it has made good announcements in the near future. However, when building a position, I did not fully consider the market news in the next few days and failed to grasp the timing of building a position.
Because I wanted to wait for good news to be announced, I did not strictly control the stop loss this time. The retracement once reached about 50%, and the leverage was continuously raised, adding positions in an attempt to lower the average price.
The risk control is not very good. The next operation strategy is to reduce the leverage, close the positions added later on the cost line of the added position, and reduce the leverage from 10 times to 5 times and then to 3 times when the initial position was opened. Keep your initial position and wait for the market to pick up.
The small non-agricultural data will be released at 8.15 tonight, and the non-agricultural data will be released at 8.30 tomorrow night. I was negligent this time and did not pay attention to the schedule of major events this month, which indirectly led to the current long orders being locked up.
Why I emphasize the importance of this timetable is because in today's less liquid market, whenever a risky event approaches, out of risk aversion, many funds will choose to sell and wait and see, which leads to two or three days before the announcement of a major event. The market is more inclined to fall, and careful friends can pay attention to it.
I predict that the current market will fluctuate and fall until the data is released on the evening of the 6th. During this period, it will drop from time to time to test the support level.
You can buy your favorite currency at low prices and hold the currency until it rises. I believe October is a good time for bulls.
Currently, I have a single account with blur. I bought 300,000 at the bottom of the decline this morning. The leverage was also raised to 10 times. The operation was more aggressive. Only then did I see the non-agricultural data was released on the 6th. For safety reasons, blur rebounded slightly and then leveled. I lost the part I added today.
The reason why I chose blur is because it has made good announcements in the near future. However, when building a position, I did not fully consider the market news in the next few days and failed to grasp the timing of building a position.
Because I wanted to wait for good news to be announced, I did not strictly control the stop loss this time. The retracement once reached about 50%, and the leverage was continuously raised, adding positions in an attempt to lower the average price.
The risk control is not very good. The next operation strategy is to reduce the leverage, close the positions added later on the cost line of the added position, and reduce the leverage from 10 times to 5 times and then to 3 times when the initial position was opened. Keep your initial position and wait for the market to pick up.