4. Profit-Loss Ratio Takes Priority Over Win Rate There is no need to pursue a very high accuracy rate. Even if the win rate is only 40%, as long as the profit-loss ratio is maintained at 2:1 or 3:1, long-term returns can still be positive. Blindly pursuing a high win rate often leads to frequent small profits and early exits; once a large loss occurs, all previous gains can be wiped out immediately.
Crypto people: get rid of these six obsessions, and you’ll surely make big money
Many people in the crypto world fail because they keep spinning at the bottom for the long term, never managing to turn their lives around—sometimes even becoming timid and submissive under social conditioning. The root cause is never a lack of ability, but that your mind is filled with all kinds of toxic obsessions. These obsessions slowly erode your cognition, thinking, mindset, prospects, and future day after day. They make you increasingly dull, increasingly worn down from overthinking, increasingly lose your drive to act—until you can only stay trapped at the bottom, struggling again and again. Today I’ll break down for everyone the six most covert, most harmful, and hardest-to-detect toxic obsessions. Just quit one of them, and your life’s worries will be cut in half directly.
SEC Officially Approves 3x Leveraged Bitcoin and Ethereum ETPs!
🚨 Major news! The SEC has officially approved 3x leveraged Bitcoin and Ethereum ETPs! Wall Street’s ultimate “bomb” has landed—how should everyday people respond? Many retail investors thought that the earlier spot ETFs were the end point of being legalized. But the signal the SEC released today completely overturns the boundary between traditional finance and the crypto market—directly approving the listing of 3x Leveraged BTC and ETH ETPs (exchange-traded products)! This is no longer just small-scale. This is the first time the U.S. regulator has put a high-leverage engine on crypto assets on a legitimate securities exchange (Nasdaq/NYSE).
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After the Non-Farm Payrolls came out, my biggest takeaway is that the Fed has even more compelling reasons to hold steady in October.
First, let’s look at a few key figures. Non-Farm Payrolls increased by only 29,000, far below the expected 84,000. The unemployment rate rose to 4.2%. In addition, revisions over the previous two months total a downward adjustment of 60,000. In the interest rate swap market, traders now price the probability of a rate hike in October at just 17%. Even more striking, the Kalshi prediction market prices a higher chance of holding rates steady in October at 85%.
The CME FedWatch data change is also very straightforward— the probability of keeping rates unchanged in October rose from about 76% the previous day to 86%.
In fact, before the Non-Farm Payrolls were released, Fed officials had already been signaling this. New York Fed President Williams said there is “no need for urgency” around the next rate hike, and Vice Chair Jefferson also noted that policymakers need more time to observe the data. Allianz Chief Economic Advisor Mohamed El-Erian commented as well that this set of data will further reinforce the impact of recent Fed officials’ remarks, and market expectations for an October rate hike are cooling.
However, keep in mind: this Non-Farm report only makes rate hikes feel “less urgent,” but it does not mean a policy turn. Inflation is still the Fed’s top concern. While the probability of no move in October is high, how things play out in December will depend on subsequent inflation data.
🎙️ Build Binance Square, hold BNB|This Saturday, once the U.S. non-farm data came out, BTC briefly surged to $87,000 and then quickly pulled back. Do you think this is a one-time trade or a turning point signal? Let’s chat~
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🎙️ Building Binance Square, hold BNB|Today is National Day, wishing friends a happy holiday 🎉, will there be a different market行情 these days? Let’s chat~
BTC has just finished one of its strongest quarters in nearly two years, yet it pulled back repeatedly at the end of the quarter.
In Q3, it rose by more than 40%, and ETF flows returned on a large scale.
But in the last few days:
📉 BTC has been weakening continuously 💰 ETFs are still flowing in, but the pace has clearly cooled 📈 U.S. Treasury yields continue to suppress risk assets 🔥 Yet market sentiment remains high
This is exactly what’s worth being wary of—and what’s worth looking forward to:
Prices are cooling off, but the market hasn’t fully flipped into panic.
The biggest question now isn’t how much Q3 rose.
It’s—
At the start of Q4, will the profit-taking continue, or will a new round of capital take over again?
If BTC can hold steady after the consecutive pullbacks, the market may quickly start trading the “Q4 play.”
If it can’t, the large profits accumulated in Q3 may turn into fresh selling pressure.