You don’t need to put too much emotion into second-bie either.
If you didn’t reduce your position today, then that’s another outcome.
Sometimes the big trend really is right—upward—but the kind of pullback/whipsaw that “washes” people will make traders doubt life, especially those who are heavily positioned in high-multiple trades. It’s like I also went heavy on 2480, and I also went heavy on 1780, but in the end I still couldn’t hold through the wash.
It’s still about making money by going long, so I still prefer to go long.
For second-bie’s liquidation price being normal, you still need to keep it controlled within 60 to 80 points; otherwise it’s easy to get wiped out. If it really falls that much, then it’s basically already a loss—every trade has to cut with a loss too. It’s also giving yourself a chance to reassess and choose long or short again. $ETH
If you didn’t reduce your position today, then that’s another outcome.
Sometimes the big trend really is right—upward—but the kind of pullback/whipsaw that “washes” people will make traders doubt life, especially those who are heavily positioned in high-multiple trades. It’s like I also went heavy on 2480, and I also went heavy on 1780, but in the end I still couldn’t hold through the wash.
It’s still about making money by going long, so I still prefer to go long.
For second-bie’s liquidation price being normal, you still need to keep it controlled within 60 to 80 points; otherwise it’s easy to get wiped out. If it really falls that much, then it’s basically already a loss—every trade has to cut with a loss too. It’s also giving yourself a chance to reassess and choose long or short again. $ETH
