0x桐灿

Take a two-day break. Review the market, keep records, and share.

I have mentioned several times in the live broadcast with the small group that if I were to rate my own skills, I would give myself at most a score of 7.
However, in terms of patience and facing my true self, I might reach 8-9 points.

I have always told myself: to be a trader with technical skills of 6-7 points but a mindset of 8-9 points will eventually outperform a trader with technical skills of 8-9 points but a mindset of 6-7 points over a long time frame.

Because having slightly poorer skills but a good mindset means I won't lose a lot of money; I might just progress a bit slower;
but if someone has high technical skills but a mindset that cannot keep up, they might accidentally fall into a bottomless abyss.

My main income this month comes from the wave of short positions at the end of November to early December, and then in the subsequent complex up-and-down fluctuations, I have slowly climbed a little bit more. I’m very satisfied.

I always follow: Hold onto positions with full confidence; for positions that I have some confidence in but are not quite there, I won't deceive myself, so I’ll reduce the leverage a bit; for those with less confidence, hedge them.
If I'm unsure, I won’t deceive myself and will stay out of the market until I understand.

【It’s normal not to understand】
Definitely do not have any “confusion, entanglement, or obsession about what I don’t understand,” when I don’t understand, I just “let it go.”
I believe there is no illusion of traders who can understand all market conditions.

Just like I candidly told everyone yesterday during the day, the profits from that left-side short position were purely luck.
This is my “truth.” It relies on skills when it is skills, and it is luck when it is luck; I cannot deceive myself into thinking that luck is a skill and boast about it, claiming it’s my technical ability.

Because I do not deceive myself and clearly know that it was a lucky short position that made a profit, I quickly took the profit.

【Trading is the most solitary self-decision, and there is no room for self-deception】

“At the end of trading, it is a competition of character,” this is something older traders often say. I slowly began to understand its significance.

“A person who enjoys deceiving others will inevitably deceive himself. He should not trade.”

【Maintaining honesty with others and oneself in trading is the most solid shield in risk control】

Let’s encourage each other.

$BTC $ETH $DOGE Opened on the left side using Fibonacci time zones.
I didn't expect this direct decline, and the brothers in the small group didn't have time to shout.
My personal total position on the left side is less than 2 times, and I won't add more; if there's no rebound on the right side, it will be like this.
I personally earned from this wave purely by luck.

$BTC and the market, medium-term level.
Used frequently, first time posted. Making a record.

Do not be greedy for the last penny of long and short positions. Only when you are in cash can you remain objective and rational.
Let's encourage each other, friends.
Sleep 🌙

$SOL has started to close positions. Tomorrow is FOMC, fearing sell the news and drawing a door.
Hold on, and you will achieve your goal.
For your reference.

$SOL Did you catch it, friends?

Yesterday, the long position near $BTC 89500 was stopped out by a spike, unfortunately. Today, I reopened the long position of $SOL and will continue to hold it.
For reference.

#TOTAL2 Let's see if the small level stabilizes here

$BTC $ETH At 1 PM, I want to share with everyone my actions here.
Last night, I synchronized and built a short position in the small group, and at noon I reminded everyone to enter the market on the right side at the same time again. What I shared with everyone last night and this noon are all excellent right-side points for short positions to start declining. In this bear market, I might become a public signal provider 😂
Tonight, I will keep an eye on the market. I didn't expect there would be that much decline on Friday; it might just drop completely overnight.

$BTC is much weaker than I expected. I originally planned to wait and observe near the blue frame, but I decided to make a small move here first.
Overall market trend from December to January looks like a fluctuating rebound, with the rebound peak expected around 100,000. In the meantime, follow the market trends, and both long and short positions can be considered.
For reference.

A new month has begun.
$BTC Patience is required, it's not yet time to take action.
In trading, patience is more valuable than anything else.

Just like the continuous short selling on October 27, this time I also started recording and reminding everyone of my judgments and operations on Twitter and in the square 3 days in advance. The references provided in the small group are more detailed.
$BTC $ETH

#TOTAL2 divergence of double top breakout.

I took a look at $BTC $ETH and there are some mainstream knockoffs. This wave of rebound is estimated to finish in 2-3 days starting from November 22. At that time, we can gradually build positions to do another round of short.
You don't need to trade many times in a month. For example, the medium-term trading that I am best at, the fluctuations in long and short positions at the 4-hour to daily level are basically above 10 points, with a leverage of 2-3 times. Doing it twice in a month is enough.

For reference.

The privacy section is likely over.
$ZEC has shown a significant SOT situation for the first time this month since November 7th, with the upward movement becoming increasingly weak. If there is a subsequent rebound, it would be a better opportunity to exit the spot market and enter short positions.
$ZEN has a large head and shoulders pattern, breaking below the neck line, and after a rebound at the neck line, it continues to decline.
$DASH has also fallen back into the previous strong breakout area where support and resistance switched.

————Personal opinion, for reference.

Two years have passed in the blink of an eye, let me officially introduce myself, thank you all for your attention.
Those who have Twitter can join in the fun.

The stop loss for $BTC and $ETH has been increased by one point of ATR, set at 85000 and 2750.
However, after opening the positions, it still looks quite precarious, and I feel that it is still a drop away from a rebound. I would recommend waiting until the weekly closing is completed this week, and then observing the right-side stabilization situation next week before entering the market.
Here, I am only looking for a rebound, not the end of the decline.
For your reference.

86,000's $BTC has finally arrived, $ETH has also reached the point where I feel it's time to take action.
Enter to go long for a rebound, exit if it breaks the previous low, do not hold the position.
Use part of the profits from shorting $STRK last night in the small group as the total stop-loss amount.
Can only make a small profit, cannot lose.

Be patient, I tend to think that $BTC will only see a strong rebound after reaching the range of 87000-85000, and the rebound may reach around 20 points.
If it rebounds ahead of time, it’s better to miss out, or look for opportunities to enter on the right side.
The overall trading mindset is still to maintain a larger trend with smaller reversals, and it's best to only trade with the trend.

$BTC from 100,000 to 90,000, how many people have tried to catch the bottom, repeatedly hitting stop losses and being stuck in positions. Even if it finally rebounds, it may only recover the money lost on stop losses or get out of the positions.

For reference.

$BTC The logarithmic scale has already broken support on November 3rd, followed by a standard pullback and then a decline.
On the regular scale, it just broke support in the last two days, and most people are looking at the regular scale, which is also the reason why most people are still trying to buy the dip these days.