Oh dear, I went to your grandmother's. I watched the market until 1:30 AM, saw it break the double top at 0.0052, thought my short position was secure and that I could break even, so I set the break-even and bought to close. I went to sleep, and when I checked in the morning, it had dropped to 0.46. I thought I was breaking even, damn it, it turned out that just a few minutes after I fell asleep, it liquidated me.
Hey, I was played like a dog by the dog house yesterday, and I was so angry. First, I got liquidated, then I deposited again and got liquidated again. Ah😭😭😭0.19-0.21 back and forth operation, I'm numb #PIPPINUSDT
This wave is from a few days ago when I was on my way to Hangzhou. Just as there was a significant fluctuation, I got off the high-speed train and took the subway. The preset selling point did not consider the risks, and I went directly into a margin call,
When shorting, encountering a sudden spike, Choosing to add to a short position at the previous high must consider the risk of a short squeeze, with a risk of 10-30 points if the previous high is broken,
In fact, regardless of whether I added to my position or chose a better entry point, I wouldn't have faced a margin call, and I could have made a profit. At the very least, when the situation is uncontrollable, it isn't a bad thing to quickly choose a slightly less painful point to stop loss.
All these multiple factors led to my margin call. Speaking of margin calls, I have managed to avoid one for a week now, so I will continue to summarize my experiences and lessons, hoping to survive longer next time. I can only keep putting in more money. #IRYUSDT
How to say this wave? Set up a big breakthrough short position, then set a take profit, just sleep, wake up and collect the money directly, making money without spending effort, and if you lose, you won't be tormented. #PIPPINUSDT
Today's Pippin is really exciting, almost blew my account. In the future, I would rather use high leverage on ZEC and ETH than low leverage on altcoins. Altcoins are too foolish.
$PIPPIN According to my analysis, the dogs are constantly inducing empty positions, tempting retail investors to short by repeatedly approaching previous highs without breaking them. They do this to lure retail investors into buying low and selling high, thereby lowering their own stretching costs.
The goal is to shift retail investors from shorting to going long. When most people go long, they fall into the trap set by the dogs, especially since the dogs have not yet distributed their low-priced chips.
In response to this type of strategy from the dogs, my suggestion is to place your short positions at the previous high levels. When the dogs make a move, after the sell orders are executed, close your position immediately within 5 minutes, set a stop loss, and you can even afford to use a slightly higher leverage. Keep going back and forth to reap the benefits.
This wave of choice is to short one lot at the price of 0.056 #pippin, which is a quick rebound seen after the price touches the support level of 0.050 for the second time. One effort leads to success, two lead to decline, and three lead to exhaustion. It is believed that the price will not rebound beyond 0.062. Is that right?
#ZECUSDT fell below the 560 support level and has been operating under 560 for over 30 minutes. This breakout of the 560 support level is valid; choose to open a short position and observe.
At the 587 position, a double top was observed with #ZECUSDT . A small short position was chosen at 583, and another sell order was placed to raise the selling price at the 596 position, which is the 4-hour moving average resistance level. Let's see how it goes.