RichMan_999

The house that was on the market for half a year has finally been sold, and it sold for 300,000 more than similar units on the same floor. This house was bought for around 3.1 million, purchased during the peak 20 years ago. Losing money on the renovation, but I'm still somewhat satisfied. There was a bit of a hiccup during the transfer yesterday, I almost got sabotaged by my ex-wife, but thankfully a good brother lent me the loan to make up the amount for her. When a woman gets ruthless, she can be truly cold-hearted, and she actually thinks I could run away with the money without paying back the bank's mortgage business loan, leaving her with a bad credit record. At least the online loan agreed to let me pay in installments to catch my breath. The feeling is that a marriage filled with suspicion cannot last long. Despite all this, I managed to remain relatively calm and understand.

Ps, brothers, please don’t take out online loans, don’t try to keep up appearances. Once you run out of money, it's rare for a partner to empathize.

I'm about to leave Shenzhen, and if I can't flip my position in the crypto game, this might be my last trip to Macau for many years. I went to renew my travel permit and asked the PR if there were any rooms available, and to my surprise, they hooked me up with three nights and even upgraded me to a suite.

This time, my budget is only 2000 bucks, just here to snag some free hotel stays 😅. The suite costs 4000-5000 a night, and my points are about to expire, so I can't let that go to waste. Luckily, I started with 2000 in capital and after a rough patch, I'm down to my last 500. I managed to chase five big plays and turned it into 10000, perfectly cashing out!

I know all about the casino: I almost never touch slot machines or roulette, those high house edge traps. I only play BJL and Sic Bo, which are relatively fair—banker and player are almost 50/50, relying on probability and a bit of skill to engage in a long-term battle. No matter how big you play, you know this is a 'relatively fair' game, not just throwing money away.

The same goes for cryptocurrencies; I only deal with Bitcoin, while altcoins are like side bets in a casino BJL—fancy but with a high house edge, and the house can control the game at any time, leaving you with no advantage. What's the point? Look at those in Macau; only old men and women play as if they are buying a lottery ticket to pass the time, while Bitcoin is like the main table BJL, where institutions and big players are battling it out, with good liquidity, transparent rules, and trends you can see.

Trading and gambling are fundamentally the same: don’t be greedy for those seemingly quick riches of 'high odds,' focus on the relatively fair battlefield within your capability circle, and you might have a chance.

#加密货币 #比特币

After waking up, $rave has directly dropped back to square one since last night when zach said he would investigate. A friend of mine who hasn't touched cryptocurrency for a long time is getting antsy again. Yesterday, I saw some big influencers like 熬鹰 and wesley sharing their profits from shorting, but their entry points were quite good. By the time I saw it, it had already rebounded to around 12. At that moment, I really wanted to short it as well, even a small position would be fine. If it's a buy or sell, there's still a 50% probability, but who can handle a pump and dump from these altcoins? After having these thoughts, I immediately gave up on them; principles are principles. Since I've set a rule not to touch altcoins, I shouldn't break it lightly. Knowing it's a cobra, but without the skills of a snake catcher, trying to catch it is highly likely to get bitten. Even if I don't get bitten this time, what about the next time when greed arises? Can I evade this one and avoid the others?熬鹰 making 10,000 USDT from 4 trades in a day to 100,000 USDT, 100,000 USDT could completely resolve my current debts. It's tempting to think about, but there's also a high chance it could go to zero; it's just a matter of time.

Not many possess both skills and courage; there are plenty of gamblers who are all about taking risks with a hint of luck.

#rave #ordi #BinanceLife #altcoin

The slope of the Nasdaq in the US stock market is a bit frightening, and some institutions have started to take profits. On one hand, institutions are continuously buying spot Bitcoin, while on the other hand, the number of shorts and positions is increasing. The Coinbase Bitcoin premium index is unusually high, especially in a bear market where such a high premium index is worth being cautious about.

Trump is set to visit China in May, and with the mid-term elections approaching, he has little time left to take credit for his actions. He must quickly deal with these messy issues to save face. The Iran-US negotiations are a tricky problem that he needs to handle promptly. As the second round of talks gradually progresses, some positive news has already been digested by the market, and it may take 1-2 weeks to reach a real ceasefire agreement. Once a real deal is reached, the good news could turn into bad news.

I did not stick to the initial buy-in strategy on the right side; I have already entered a small position at 74500 and added more at 78000. The planned entry points were:

76200-77200 area: Weekly downward trend line + Weekly MA20 bull-bear boundary coinciding, with previous double top selling pressure being dense.

79200-80200 area: Previous high supply zone + Extended trend line pressure.

The principal has been updated; I collected 1500U from a friend a couple of days ago, and the total actual investment principal is now 4000U, reaching a maximum of 4300U at one point.

#BTC #TradingDiary #Bitcoin #crypto

Since entering the circle, I have been involved in dog fighting, offline promotion, and contract trading. Dog fighting has a pace that is too fast, leading to surges in dopamine secretion, which I cannot keep up with. Additionally, with the current market cooling down and the wealth effect fading, I have decisively given up. The trading circle is full of scammers deceiving fools, and some even deceive themselves. Moreover, one has to socialize and boast every day, which only expands a bunch of ineffective social circles, is against my will, and wastes time, providing no benefits for personal improvement. After encountering a few trades and realizing they were not suitable, I decisively gave up.

I am even more determined that in life, one must learn to subtract, spending time on the most worthwhile things, decisively discarding ineffective socializing. Friends say I am building a car behind closed doors, but little do they know that X is a door opening to an incredibly vast world, with countless excellent influencers and top traders sharing their insights. There is so much to learn and solidify, and I don't have enough time to distill and digest it. How could it be dull and closed off? My fixed daily routine is very fulfilling; I go to bed early and wake up early, and my biological clock has adjusted. When I get tired from studying, I sleep; I exercise regularly to lose weight. From the beginning of the month until now, I have gone from 80KG to 77KG. Having a good body as a foundation gives me more energy to fight in this brutal market.

First, trade in areas where you excel and within your capabilities. Don’t envy others playing with flowers; only recognize that contract trading suits me, focusing on swing trades and avoiding short-term trades. I only trade BTC and observe altcoins without taking action, remaining steadfast in my decisions.

Second, simplify trading. When you see the trend and wait for the signal, go all in when necessary. Without that bit of courage, you won’t achieve significant results.

Third, foolish people should not compare their limits with top smart people. Some talents cannot be imitated; accept that you are just an ordinary person and cannot learn those flashy tricks. But I have patience: trading is about waiting, entering the market, and selling. Prepare adequately, perfect the trading plan, and leave the rest to time.

Fourth, most of your energy should be focused on self-improvement. Learn skills one by one; when you master one, move on to the next. Biting off more than you can chew is unwise. Managing energy allocation is as important as managing funds, and it is also necessary to learn some AI tools to assist in trading efficiency under limited energy.

#Trading Philosophy #Bitcoin #Trading Rules #Contract Trading

Recently not in good condition, always impulsively opening positions and frequently cutting losses, my 2500u principal has retraced from a high of 2800 to 2200. I accept the loss from Bitcoin, but it was really a moment of madness to invest in the altcoin RAVE, which goes against my principles. As a long-time depressed patient, my biggest fear is being emotional and opening positions without a plan. After reading the book 'Trading for a Living,' I found that this 'one-minute scoring test form before placing an order' is quite good. Now, before every order, I enforce it strictly; it only takes 60 seconds to self-evaluate across 5 dimensions, each scoring from 0-2:

Total score directly determines fate:
4 points or below → Absolutely no trading!
5, 6 points or 9, 10 points → Trade very cautiously
7, 8 points → Can trade

I believe that as long as I execute firmly, I can avoid many pitfalls. With a stable mindset, the win rate has also improved. I sincerely recommend this to all traders who are serious about making money! I've attached the image.

Feel free to share what preparations you do before placing an order in the comments section~ Let's exchange insights, and next time I'll share my order review recording sheet.

#Trading Discipline #Trading Psychology #Risk Control #Review Records #Trader's Daily Routine

Recently, my mood has been a bit low regarding the empty bedding set. I can't concentrate on reading, and while working out, I saw a short video where a female blogger mentioned that she often complains to her best friend about wanting to divorce her husband. One time, she asked her husband if one day they were to get a divorce, could he give her 5000 in alimony for a month? But her husband unhesitatingly refused, saying that's impossible; whatever the court decides, that's what he would pay. Her husband seems to be the kind of person with good conditions, earning a million a year, and in a normal marriage life, he could provide her with several tens of thousands a month. Compared to that, others are truly remarkably clear-headed.

The reason I mention this is that I suddenly thought about myself. Recently, I really feel like I've been quite foolish. The kinder you are, the more the other party takes advantage of you. When I signed the divorce agreement, the 5000 I filled in was something I suggested myself, partly because I was overly optimistic about future financial situations and didn’t anticipate the worst-case scenario, also underestimating human nature. Secondly, I thought if I couldn't give that much later, I would just give whatever I could within my ability, hoping the other party would understand. After all, they also know your current situation. But the more sincerely and selflessly you consider the other party, trying to give as much as you can, the more they can show you how selfish and limitless human nature can be.

Firstly, knowing full well that you are already in overdue debt and at a dead end, and knowing that the house sale transfer was at a critical moment, if you breach the contract, you might have to compensate the other party with double the house deposit, they still want to take the opportunity to squeeze another penny from you. Even if you can only go take out a loan or borrow money, they don't care about your survival; how ruthless! I just thought, what kind of consumption level requires spending 5000 a month in a fourth-tier town?

Secondly, women's fickleness is incredibly rapid. A year ago, she was indifferent about living expenses, and she had just sold a house for several hundred thousand. But as soon as the New Year was over, realizing that I could be stuck by selling the house, she immediately claims she has no money, changing her face. In fact, she just hadn’t received money for a little over two months. For several months, the child was with my parents in my hometown, so I didn’t give her any. Yet, in the other party's words, it could be exaggerated to half a year.

$Btc has ended a 3-day holiday for the US stock market. This morning, Bitcoin suddenly surged by 2000 points on the 4-hour chart, returning to the pressure level at 0.618 in a small range. There are concerns that it may not hold here and could turn down. A small position has been opened for short, waiting for the US stock market to open in the evening, hoping to see more short signals around 70000 before adding to the position. The stop loss will be set at the previous resistance area of the larger range at 0.618.

#btc #bitcoin #比特币

As shown in the figure: after the panic selling, the downward rebound recovered above the support, after a second test, an SOS (Sign of Strength) appeared (strong emergence), during which there were short candles and low trading volume (generally, after a strong emergence, there will be a volume-contraction pullback), therefore, the EP position is chosen for entry here, which is the safest entry position.

After Candle 1, the volume of the first test expanded, and the market saw a large supply (long upper shadow combined with expanded trading volume), then the subsequent downward rebound even broke through the support, and this entry opportunity should be abandoned.

Candle 2 is similar to Candle 1; the pullback after J0C also showed a downward rebound (spring effect), and there was also an expansion of supply (increased trading volume), we are waiting for a second test. However, the subsequent second test showed that supply exceeded demand, as the trading volume was still high, and the price broke through the support. This negates our basis for entry, and this entry opportunity must also be abandoned.

SOS: Sign of Strength, showing a signal that demand controls the market or a good performance of demand in an upward trend. SOS is often preceded by a trading range or accumulation phase. The characteristics of SOS are extremely long bullish candles, accompanied by extremely high trading volume, sometimes SOS consists of consecutive bullish candles, accompanied by increasing trading volume, but this phenomenon is uncertain for SOS, so SOS must be confirmed by subsequent price pullbacks, and the confirmation process must consist of short candles and small trading volume.

J0C: Jump Over the Creek, this is an SOS signal. The price strongly rises and breaks through the critical resistance level or the upper boundary of the trading range, characterized by high trading volume and very wide amplitude.

Genius traders
You all consider yourselves experts
If you choose to trade on the right side, where would you enter for a long position?

In a bear market, it's essential to learn more. Naturally, I don't have much talent for trading, and it's unlikely that I'll become a top trader. However, I particularly hope to make money through trading. Choosing this path is like searching for a way out in a dead end. The probability of being a trader who can achieve results might be less than 20%, and the chance of achieving significant results is probably less than 5%! How to become part of that 15% and earn what truly belongs to me is a question that traders like me need to ponder seriously. This means deeply recognizing our own shortcomings and strengths.

Over the past year of engaging with trading, I haven't systematically learned any techniques. Besides the simplest naked candlestick charts and trend lines, I'm quite confused about other technical indicators. The skills, quick reaction abilities, and mindset required for short-term trading are also what I lack. By reading numerous biographies of successful traders, I have come to realize that long-term short-term trading is undoubtedly fatal; very few achieve significant results through short-term trading. Most accumulate success through patience in trend or swing trading.

Since I can't learn and don't have talent, I might as well earnestly learn some authentic, orthodox techniques. The progress may be slow at first, and while I can't guarantee that I will become a powerhouse once I master them, I can definitely avoid many detours and mistakes. Trading is a lifelong endeavor, and surviving in this bloody arena is the most crucial thing.

I started writing articles to record my thoughts during the reading process. My understanding and level are limited, so there are bound to be shortcomings in what I say, and it may not always be correct. I hope to communicate more with everyone.

The bear market structure remains intact, with extremely reduced trading volume, and the medium-term outlook is still bearish. Today, a large whale sold nearly the largest amount of Bitcoin in the past six months, reaching 7609 coins. The uncertainty of war still exists, and the overall trend has not changed. Oil prices are still rising, and Musk's SPACEX is estimated to have a market value of 2 trillion. Regardless of the truth, it may have a certain siphoning effect on the cryptocurrency market. By the end of April, the Federal Reserve is very likely to maintain its hawkish stance without lowering interest rates. Hold on to your short positions and wait for the true bottom, and buy alongside the whales.

A short position at 67000 has been entered, preparing to add at 69000, stop loss at 71000, TP1 at 60000 with a 30% profit, TP2 at 50000 with another 40%, and the remaining will depend on the situation.

After months of self-torturous, reckless late-night binge eating and drinking, the retribution came quickly. My blood sugar, blood fat, and blood pressure are all close to critical points, and my liver function has started to raise warnings, indicating moderate fatty liver. I used to be a 65-kilogram young stud.

Bitcoin has broken through 69000. Due to the entry price of the initial position not being ideal, along with multiple rounds of averaging down, the current price has reached the holding cost line. Coupled with the uncertainty brought by Trump's speech at nine o'clock tomorrow morning, we will stop this trend order, with a total profit of about 470U from closing the position. The current principal is 2789U, and we will patiently wait for the next entry opportunity.

The simulated position has retreated from the highest floating profit of around 13000U to only 2000 now. If it were real money, it might have been hard to hold on. The choppy market is too exhausting and the easiest to lose money in. This position couldn't hold for just one week. Looking at it now, taking profits in batches seems to be the correct approach. Still, more practice is needed; it's very difficult.

Every time the market is pushed up, it provides an opportunity for the bears to get on board. The words of the Iranian president may not carry enough weight, after all, military power is still in the hands of the Revolutionary Guards. It is also possible for one to play the villain and the other the hero in a coordinated effort. The war will not end that quickly, and there is a high likelihood that it will eventually lead to a stalemate similar to that of Russia and Ukraine. The probabilities shown by the market are also being backed by real money bets. Although the monthly line closed with a bullish candle, and the trading volume is basically the same as last month, this short bullish candle with an upper shadow also indicates the bulls' lack of strength. Prices are fluctuating widely, but the volume has drastically shrunk. There is no demand for buying at the lower levels, nor are there obvious signs of supply exhaustion. The bear market structure has not changed; it is just getting closer to the real panic bottom. Patience is required to hold the position away from shorting. Although I have taken profits by locking in half of my position in batches multiple times, I will decide whether to add to my position again based on the price structure when it rebounds to around 695k.

Soon to leave, a dream of 20 years, much of what was once possessed is just a bubble. Nothing remains but memories; all I can bring back home are debts and excess weight. It's a pity about this free community gym, which has only been in use for a short time, and I haven't even used it a few times 😂

Now, besides my family and 160 pounds of fat, I have almost nothing. Those things I once had were just bubbles, bringing nothing but immense vanity and being utterly meaningless. I need to turn my life around, so I can only give up flashy hobbies, give up ineffective socializing, and choose this path of trading. Even if this path seems difficult to walk, even if the process is painful, this pain is necessary. I will walk firmly down this path, read, study, exercise, go to bed early and get up early, endure loneliness, endure depression, endure longing, endure monotony, endure not being understood, until one day, not to tell anyone, but just to tell myself, you have stood up again.