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三马哥
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Yesterday (Tuesday) we traded three contract strategies. One for sleep, two for intraday, two for take profit, and one for a small stop loss.
The regretful one was the Ethereum long position at 4408, which was hung for a day. Before sleeping, it dropped to 4421, missing the mark by 13U.
The first order was from the position held on Monday night, and when I woke up yesterday, it hadn't risen. Then in the afternoon during the European session, it started to surge. Our cost was in the range of 114500~114700, peaking at 115900. We took profit on 70% of the long position at 115800, using 100x leverage, yielding a profit of 100%.
The second order was a short position at 115350 before going to sleep. The maximum profit reached 55%. But we only set a break-even, and when it eventually rose, we closed everything. The final profit for this order was only around 10%, as profits retraced.
The third order was another small stop loss position set before sleeping, which was a short at 115000, with a hard stop loss at 115600, without adding to the position, just a hard stop loss. This order hit the stop loss, incurring a loss of around 40%–50%, using 100x leverage.
In summary: The profits from yesterday saw a retracement, with the most significant gains from long positions. The final net profit remaining was around 30~50%. Not protecting the capital, not taking profits in batches, and not executing hard stop losses can lead to disaster if it becomes a habit.
Starting today, interest rates have been cut, so be cautious. When rates drop tonight, be careful while sleeping. Orders should be set for the morning; otherwise, don’t set them at all. For intraday operations on Bitcoin, if it retraces to around 115000, we will then consider whether to enter in batches to go long. #BTC
Invitation link: https://www.binance.com/join?ref=mgmgmg
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The regretful one was the Ethereum long position at 4408, which was hung for a day. Before sleeping, it dropped to 4421, missing the mark by 13U.
The first order was from the position held on Monday night, and when I woke up yesterday, it hadn't risen. Then in the afternoon during the European session, it started to surge. Our cost was in the range of 114500~114700, peaking at 115900. We took profit on 70% of the long position at 115800, using 100x leverage, yielding a profit of 100%.
The second order was a short position at 115350 before going to sleep. The maximum profit reached 55%. But we only set a break-even, and when it eventually rose, we closed everything. The final profit for this order was only around 10%, as profits retraced.
The third order was another small stop loss position set before sleeping, which was a short at 115000, with a hard stop loss at 115600, without adding to the position, just a hard stop loss. This order hit the stop loss, incurring a loss of around 40%–50%, using 100x leverage.
In summary: The profits from yesterday saw a retracement, with the most significant gains from long positions. The final net profit remaining was around 30~50%. Not protecting the capital, not taking profits in batches, and not executing hard stop losses can lead to disaster if it becomes a habit.
Starting today, interest rates have been cut, so be cautious. When rates drop tonight, be careful while sleeping. Orders should be set for the morning; otherwise, don’t set them at all. For intraday operations on Bitcoin, if it retraces to around 115000, we will then consider whether to enter in batches to go long. #BTC
Invitation link: https://www.binance.com/join?ref=mgmgmg
Or invitation code: mgmgmg
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.