#mstr I started going long on MSTR in the morning. Yesterday my short-term mindset was too serious—I couldn’t see clearly, and then I messed up with my own actions. In the afternoon, when MSTR started to rise, I missed the move. So I gave myself a cooling-off period until 18:00. At 8:00 PM, I chased the long. I made money, and then I didn’t have the patience or the mindset to hold—it peaked at over 400 U. Crypto market motto: lick one bite and run. This is just the way things are right now. If you want to do swing trades, you should wait until you have more principal. My position management and leverage management cannot change. Don’t use very high leverage just to chase big swing-trading profits. Don’t use heavy positions. My strategy remains low leverage and light positions—even if it’s slower. Let time prove that my strategy is stable and profitable. So many times, you can’t rush to make money. Remember: protect your principal, protect your principal, protect your principal. Slow is fast. Let others mock you as much as they want ^O^!
#BTC Big Pancake has already risen to 81,000 this resistance level, but the daily-chart-level sideways consolidation hasn’t finished yet. Just wait quietly to see which direction Big Pancake will take next week.
#CRCL The Nasdaq started bouncing back from the afternoon. At the time I noticed it, but I didn’t enter the trade. In the evening, I should have bought #Mstr . But by some twist of fate, I ended up doing this instead. Although I still made money, for a trade of the same amount, the market move was different, and the profit differed by about 130U. Next time, really do subtraction—why? Whether it’s crypto or the U.S. stock market, there are just too many things. It’s overwhelming and hard to keep track. Now in my favorites, I’ve only left five products. I truly need to focus. Only with enough focus will I have more time to think and to see the market clearly. If I watch too many things, I can’t think properly—the whole brain gets scrambled. Focus—must focus—absolute focus!
#BTC No big drop after the rate hike—what we’re waiting for is a mainstream rebound. In about half a month, the account profit is almost 1400U. For the second half of the month, keep working steadily and aim to make 2000U this month. Convert the profits you earn into stablecoins and earn a bit of interest
No matter how wrong the order is, never stubbornly carry it alone until it’s too late If you get slapped in the face again and again, don’t get discouraged Focus on trading in waves—ride the rise and emerge strong Wolf-like spirit, enduring and never fades
I still feel like I’m not suited to trading shitcoins—catch the shitcoin leaders and chase the hot spots. I’m already a beat behind everyone else, and shitcoin volatility is also fast: often the price action jumps up within a minute. TMD—what’s there that I still haven’t figured out? This week I used the Ant Batching account to trade dozens of orders in shitcoins, and I made more losses than profits. It completely doesn’t match my trading strategy, and it also made me a bit restless and impatient—I can’t calm down. From tonight on, I’m refusing to trade shitcoins, even if you rise to the heavens—go to NMD.
Yesterday encryption surged a lot. I looked at some coins; the charts looked great, and the patterns were pretty. But they just wouldn’t go up. After thinking about it for a long time, I finally figured it out. It’s not that I don’t want it to rise—it’s that there’s no trading volume. Trading must be done in products with high trading volume; otherwise there’s no liquidity, and even if you buy in, you won’t make any money.
ETH starting at 2550 with 50U short, adding position all the way—who would’ve thought it would rally so hard today? I knew it couldn’t keep going up like this forever. Today’s action changed completely; it was basically emotional trading, one impulsive move after another. While it’s the weekend, I’ll calm down. I’m never doing something like this again. With small position sizing—if I’m wrong, I won’t add anymore. Tonight, the market spared me, but next time it won’t be so easy.
#ETH Binance’s trading competition has started. There’s no way my trading volume can compare with those wealthy big shots, but since it’s an event, I might as well join in. The point is to participate 😃
#ZEC The market is such that most people are shorting ZEC contracts now, but these people don’t even hold any spot chips. How can they drive the price down? Shorting is all just based on nothing but enthusiasm.
#ETH fell in the evening as Erbing dropped, catching a rebound. The trend still looks like it will continue to fall, so keep watching over the weekend.
#SNXX SanDisk went up in a wave late at night. Even though adding orders has no fees, in this kind of market it’s really hard to add positions. In later trades, buying at the counterparty price is more convenient.