Starting with 800U, my position size was way too large—I really couldn't handle the volatility. I need to increase my leverage little by little; otherwise, I won't be able to hold through the trade. Even when I'm right about the direction, I still can't hold on! I've been right about the direction ten times already, but I just can't hold on! Take this ETH trade, for example: I had my stop-loss level set, but when the volatility hit, I couldn't take it. You can read the article I wrote—I said to watch ETH around 2030, and that night it wicked down to 2029. If I'd held that position, I would've made 2900U! So if your capital is small, keep your position size small too. Don't make it too big. I've already withdrawn 3000U, and now I've grown my starting 800U to over 2000U again. All I need to do now is follow my trading plan: if the price drops to my level, I have to stop out and not hold on to a losing trade. When I'm sitting in front of the computer, I need to think through how I'll handle both going long and going short, instead of having my mind set on just one direction. It's the same with ZEC tonight—otherwise, I would've made at least 2000U, but I only made a little over 300U. I think I feel much less pressure this way. You can only stay calm when trading without pressure; otherwise, your emotions swing too much. Even when you're clearly right about the direction, you can't help closing the position! Even if you use a trailing stop-loss or take-profit, during the trade you'll see profits pull back or losses add up, and you just can't handle it emotionally! Wishing all my fellow traders success! Don't hold on to losing trades—stay in the market, and you'll have more opportunities! Starting with 800U, let's see how much I can make from here!
#SOXL I said yesterday that it was around 71, and now it’s almost there. Since the semiconductor position already has 3x leverage built in, I also opened a 50x leveraged position! I ended up making over 400 U in profit and closed the position, then opened a 5x position and made over 700 U. I’m still holding it this way to keep things balanced. The volatility is so high, but it really doesn’t faze me. I started with 800 U; otherwise, I’d have turned it into 7,000 U by now. Taking it slow! #KOUR is the same—I partially closed the position too. I’ll keep the core position open and let it run!
西格玛ETH
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If #SOXL pulls back, this rally might reach around 71. I’ve closed my position for now; I’ll wait for a pullback and look for a chance to get back in!
As long as ETH remains below the daily 100-day moving average and no strong bullish structure emerges, the likelihood of the downtrend extending further remains high. A short-term rebound may occur, but until the price regains a firm foothold in the 2300–2350 range and moves above the 100-day moving average Key levels to watch below: First, see whether there is a reaction near 2150 (a bottoming or rebound) Then watch around 2030
Key short-term resistance zone: 2291–2355
As long as the price continues to stay below this zone, there are two important targets below: $2156: 0.50 Fibonacci retracement level (a relatively common support level) 2033.62
Today I caught both of these altcoins taking off. #BIRB nearly dropped to my alert level, but I didn't expect it to immediately shoot back up. Then there was #UAİ , which I'd been watching for a while. I opened a position, and it quickly stopped me out, then immediately pumped. I jumped back in at once! Suddenly it went on a huge run! The most frustrating part was that I plotted the Fibonacci levels and set my take-profit, and it hit it almost instantly. I was stunned, but a profit is always a good thing. Now I can take a couple of days off.
I just felt something was off. The first time I opened a position, it went up a bit, then wicked down and stopped me out, only to rally again right after! I chased it immediately! It surged over just a few candles! #UAI
You don’t need to make money every day. What you need is a system that won’t make you quit the market, even after several consecutive losses! Do you agree?
You tell me, is it better to be greedy or not? I really am not greedy! The market’s serving it up, but I can’t get a bite—I leave as soon as I hit my take-profit 😭#koru