Brothers, I've once again heavily invested and hit the stop loss. I've never won before. I'm too emotional. Only a little over 2000u left. From now on, I will record my plans daily. If one day I stop recording, it means I'm really not suited for trading contracts. Today's plan. Based on yesterday's range from 1950 to 2073 - Starting point: 1956 - High point: 2073 - Current price: 2050 - 50% retracement support: 2014.5
Today's probability of falling back
1. Directly fall back to the starting point 1956 Probability: very small, about 20% Only a major negative event would cause it to drop back directly. 2. Retrace to 2014 and then pull back Probability: medium, about 40%–50% This is the most normal retracement trend. 3. Hold 2050 and fluctuate/push again to 2073 Probability: relatively high, about 50%+ Currently, the bulls have not completely retreated. - Strong resistance: 2073 - First support: 2050 - Lifeline: 2014.5 I'm currently long at 2052.21, stop loss at 2013. If it retraces half of the increase, I will hit the stop loss. Next time I open a position, I will reduce the amount by half. There's one more thing I don't understand. I always open positions at 150 times leverage, then take profits and stop losses. Is 150 times too high for fees? Or if I open at 150 times leverage, and I have 2000u, can I open 20 ETH with a 30-point stop loss? Is that feasible? Is there any expert who can guide me? #ETH