What is a "retracement"? "Retracement" control is the most important skill for a trader! The most important thing in trading is stability. The larger the capital scale, the more stable it is. There must be a balance between returns and drawdowns. When many people follow orders, they always choose the one with the highest profit. This is often the beginning of Leek's fate, because profit is often not an indicator to judge a trader's skills. To measure whether a trader is excellent, it is best to look at historical retracements and profits. rate, Sharpe ratio, etc., which require a comprehensive judgment.
I previously collected the top ten real offers on Binance’s list and compared them with myself. My strategy is relatively trustworthy regardless of returns and retracements.
Although there are about 20% profits in less than a day, it is just due to this market situation. Under normal circumstances, the average monthly average is about 10%, and the drawdown is also very low.
Some people argue with me, saying that the cow hasn't come yet. You are really smart. You don't know the cow when you are among the cows! Do you think this kind of market can be copied infinitely?
The pie will officially start at 7! A real breakthrough began. The market is sucking, the pie is rising, and the copycats are getting worse, please calm down! $BTC
When depositing or withdrawing money in mainland China, you must pay attention. The transaction relationship has been checked for several years! Four years ago, I sent some U from OK OTC to YHK. I haven’t used this method for a long time, and I haven’t used this card for a long time. I used it for payment today and found that the status was abnormal. When I went to the bank, it said that it was linked. A dirty deal! ! How many years have passed and we can still relate to each other? What a shame!
Having said that, let’s talk about the issue of withdrawals! At present, there are two main reasons for card freezing, which are nothing more than [bank risk control] or [judicial freezing]. Bank risk control is the easiest. You can go to the bank to resolve it yourself. You may have to check the statement or ask for details. As long as your U is not obtained through illegal means, there is no need to be timid, but it cannot be said to be buying U. When selling U, it usually requires you to withdraw money and cancel the card; the judicial freeze is usually a minimum of 3 days, a maximum of half a year, and 3 days for minor issues. Just solve it, big problems are difficult to solve, everyone depends on their ability!
The day before yesterday, a pin was inserted into the pie, bringing down the entire copycat market. THETA also inserted the needle, the lowest was around 2.1, I stopped the loss around 2.3, and my blood loss was 90%. After the market stabilized, I took the long position around 2.5 and took it back. Although this operation actually resulted in a loss, I think it is necessary. Because when you don't understand the market trend at all, stop loss is necessary. After re-recognizing the trend and re-entering the market, although the entry cost is higher than the stop-loss price, at least you have reduced the risk of a liquidated position. Peace of mind is home.
No matter what the price of Bitcoin is, if a friend asks me if it is good to buy Bitcoin now, I will only answer: If it doesn’t matter to you that the investment in buying Bitcoin will go to zero, and it will not affect your quality of life, then you You can buy it at any time; but if it affects your life, please don't buy it.
Today is my 90th day trading on Binance. Thanks to God’s blessing, a big boom happened and the profit was quite considerable. The profit can be seen from 7 days to 30 days and 90 days. Although the losses were stopped several times along the way, it still made sense. Trading is a practice with no end. Keep up the good work. Thanks also to the Binance platform, which is stable and has low latency, which is very suitable for quantification~$BTC
Today, I was chatting with the former order champion of an exchange whose name starts with B. He said that he had distributed hundreds of thousands of U from his orders, but he no longer took orders and played by himself. I then asked why, and he said that he could make money too, but he didn't feel at ease with the extra money he earned. In fact, most followers lose money, because in addition to profit sharing, most followers simply cannot trust traders. Greed and fear are always problems that investors cannot overcome. Many times, if the order leader stops the loss of an order, you will stop following it. If the order leader places orders less frequently, you will stop following it. This often results in you missing out on some profitable orders, and leading to losses due to various strange reasons. Most of the followers will end up with losses due to these reasons#跟单
At the beginning of last year, when Bitcoin was 1W6, some people always felt that it would fall again. Later, I discussed with a friend and he said that if you think Bitcoin will eventually return to a new high, is there a big difference between buying it at 1W6 and buying it at 1W2? So I bought half a position in Bitcoin. Now it seems that this is one of the most correct investment decisions I have made in the past two years. $BTC