Just watched the chart, and $DOGE is once again the best-looking one in the whole market. According to Binance’s real-time data, over the past 24 hours trading volume has hit 900 million USD—stronger than the total market caps of many sh—uh, most altcoins. I caught a small position this morning and made 3% before running. Now it’s pulling back, and I’m a bit itchy to chase again, but if I go in at this spot, it’s basically gambling with my life. Forget it.
Speaking of position sizing, I’ve taken too many losses. In the past, I always wanted to go all-in—then I got blown up in a needle-spike行情 like $WIF , leaving me with nothing but my underwear. Now I only trust three iron rules:
Use the Kelly formula to estimate the win rate. If the win rate is below 60%, cap the position at within 20%;
Fixed fraction: for any single trade, loss must never exceed 2% of total capital. If it’s hit, you stop—no hesitation;
Pyramiding/add-on buys: only add when you’re in profit. Add more as it rises, but halve the amount added each time. If you’re wrong, absolutely don’t try to make up the losses.
Today $PEPE is moving too, but the volatility is so crazy. I bought one lot like buying a lottery ticket—if it loses, I won’t even feel bad. If this move by $DOGE breaks the previous high on increased volume, I’ll use 20% of my position to test it. If it breaks out, I’ll act; if it loses the level, I’ll admit I’m wrong. At most, I’ll lose only the stop-loss money again. Remember: staying alive is more important than anything. The market opens every day—this isn’t the only chance.
The above is only my personal opinion and does not constitute investment advice
Speaking of position sizing, I’ve taken too many losses. In the past, I always wanted to go all-in—then I got blown up in a needle-spike行情 like $WIF , leaving me with nothing but my underwear. Now I only trust three iron rules:
Use the Kelly formula to estimate the win rate. If the win rate is below 60%, cap the position at within 20%;
Fixed fraction: for any single trade, loss must never exceed 2% of total capital. If it’s hit, you stop—no hesitation;
Pyramiding/add-on buys: only add when you’re in profit. Add more as it rises, but halve the amount added each time. If you’re wrong, absolutely don’t try to make up the losses.
Today $PEPE is moving too, but the volatility is so crazy. I bought one lot like buying a lottery ticket—if it loses, I won’t even feel bad. If this move by $DOGE breaks the previous high on increased volume, I’ll use 20% of my position to test it. If it breaks out, I’ll act; if it loses the level, I’ll admit I’m wrong. At most, I’ll lose only the stop-loss money again. Remember: staying alive is more important than anything. The market opens every day—this isn’t the only chance.
The above is only my personal opinion and does not constitute investment advice
