Desaigrsu

Got liquidated—still, don't get greedy.

Today was a day when the newbie protection period had my back. After making a mistake on the 9th and placing a short order at 861, I had to place a long order to hedge before going to bed. But I didn’t expect the market to be so bad all day on the 10th. I kept trying to raise the average price of my short position, but later realized I was running low on funds, and forcing the price higher might make things even worse. So I decided to gamble on the direction. I even joked with my roommate and asked him to help me bet on whether to go short or long. Around 20:30 on the 9th, I got very lucky: before #CPI数据 was released, the market made an adjustment, giving me a chance to get out of my short position. Then, after #CPI数据 was released, I’d already given up hope and thought it was inevitable that my long position would blow up. But after 22:30, #SNDKUSTD suddenly started surging, and my long position actually became profitable! So I sold off all my long positions in batches. I was incredibly lucky—as soon as I’d finished selling, I noticed it seemed to have hit a peak. On a whim, I opened a short position in the opposite direction with half the amount, and happened to catch the dump, making a profit right away (average short entry price: 890) 🚀🚀 I was incredibly lucky, but I also need to reflect on this: I’m absolutely not going to make such high-risk trades again, and I’ll make sure not to hold liquidation-baiting positions overnight. Thanks to #SNDKUSDT for giving me a roller-coaster ride. It really is more fun than A-shares, but the risk is also very high. I’ll stick to short-term trading from now on, just playing with a few U at a time—that’ll at least cover my food for the day 💰(*^▽^*)