$ETH Monday has arrived. Today, I went long on ETH. I'm betting on a bullish open for US stocks. My altcoin positions are currently in profit. I won't share my strategies for the next couple of days. I just started trading again last week and lost four trades in two days, which really got me down. Although OPEN hit my first target, I suggested taking a cost loss, but I didn't exit myself and didn't take the loss. Subsequently, DASH, HOME, and RIVER all saw around a 60% profit retracement hit my stop losses. So, while I made some profit, remember to set your cost losses and don't follow my lead. Losing isn't scary; no trader has a 100% win rate. But if you're consistently losing, there's definitely an issue. From a trading perspective, when you're on a losing streak, it's not just bad luck; your trading strategy is likely misaligned with the current market. That means you're just not hitting it right.
Adjust your mindset, review the market trends from the past couple of days. Due to news influences, many coins are experiencing fake volume spikes—too many fake outs. Many coins are showing potential bullish signals, but they're just wash trading signals that quickly fade. The market is actually trending down. Traders are being cautious; the whales lack conviction. Conversely, those coins that have already started to move are performing better, going through wash trading at high levels. Don't worry about the wash trading; just look for volatility—if there's movement, it's a good coin. Also, over the past couple of months, several altcoins have initiated. The liquidity isn't enough, and the market is cautious. Many coins are showing fake movements. Right now, it's more about the entry points; if you can avoid entering, do it, but if you must enter, don't chase the price. The current structure in the altcoin market is unreliable.
I'll share more when my win rate stabilizes.
#Vitalik承诺精简EF减售ETH
Adjust your mindset, review the market trends from the past couple of days. Due to news influences, many coins are experiencing fake volume spikes—too many fake outs. Many coins are showing potential bullish signals, but they're just wash trading signals that quickly fade. The market is actually trending down. Traders are being cautious; the whales lack conviction. Conversely, those coins that have already started to move are performing better, going through wash trading at high levels. Don't worry about the wash trading; just look for volatility—if there's movement, it's a good coin. Also, over the past couple of months, several altcoins have initiated. The liquidity isn't enough, and the market is cautious. Many coins are showing fake movements. Right now, it's more about the entry points; if you can avoid entering, do it, but if you must enter, don't chase the price. The current structure in the altcoin market is unreliable.
I'll share more when my win rate stabilizes.
#Vitalik承诺精简EF减售ETH