When I woke up, yesterday's long dog position was actually solved and I made a profit... Extending the topic of trading ethics mentioned in the previous article, this is to a certain extent: making profits by mistake
Let’s review it carefully: I started with a five-minute cycle, but when it fell instantly, I didn’t set a stop loss, and then it increased to the next cycle. As a result, it kept increasing until it reached the hourly cycle. I think it was always at a low level in the hourly cycle. RSI has been oversold for a long time. I stayed bullish after the event, so I kept holding on. I set a take profit before going to bed and ignored it.
Considering that the interest rate hike would lead to a larger amplitude of long and short positions, I set a profit stop of a few points in the hope that the amplitude of the long position could move the order away. As a result, the number of transactions increased (the positions were added at 0.0926 and 0.0918 respectively during the position holding process). The average price, so the cost of opening a position is 0.0928, and overall it is still profitable #cryptotrading