Good morning, brothers
Let me start with a conclusion:
After experiencing that needle last night,
the probability of a surge this week is very high
First, let's review yesterday's trades,
I'll share how I lost money
You can take it as a negative example
And learn from it
I got liquidated yesterday, three long positions in the same direction
Most of the time $ETH

I made a profit of 400-700U and I didn't close the positions
Then $HYPE

I practiced what I preached,
I had 600 in positions and then down to 30
With a profit of 300U, I still didn't close the positions
This order $BTC

was not good, because after I bought in, I spent 95% of the time underwater, which was extremely unreasonable for the capital I put in this account
In fact, if you look again now, if I hadn't been liquidated, every single trade would have been profitable
But, but, but
You must not think like that; you must respect the candlesticks and the trading process
Relying on holding positions to make money will eventually lead to liquidation
Let me summarize the reasons for liquidation:
Poor position management, greed in long positions in the same direction
I've made the same mistakes many times
You should also avoid this when trading
Then there were the trades made by Sun Wukong,
Only made long positions in ETH
After that big drop, I completely stopped trading,
When I woke up in the morning and saw the take-profit point
I had set a take-profit at 3120
I still have 280 HYPE at an average price of 29.75
Everything is executed strictly according to my trading logic
If there are no certain opportunities,
Then don't take large positions, wait for the right timing
This week, pay close attention to how the Fed's interest rate cut plays out
It is highly likely that it will first reverse to deceive the market
My cousin has put 20K in Binance, let's see if any opportunities come up
Whether in the primary market or the secondary market
If there are particularly good small coins, my cousin will share them with everyone
Good morning message:
This week, you will make money!
