$ZEC hasn't updated 1000u lately because I just can't overcome human nature, took an 80% drawdown, and I've pretty much given in to this market. The past couple of days I've been reviewing my recent trades.
Honestly, whether I post or share my thoughts, my position management when I open trades has been okay. For altcoins, I usually go with 10x at 1%, and for major coins, I go all in. For this ZEC trade, I shorted at 410 with a total position of only 500u, and after hitting 290, I started to scale in. I placed a short order at 280, greedy to roll over my position, but I accidentally opened a 75x100u short instead of 75x10u, misplacing a zero. As a result, I got caught in a direct rebound, and I didn’t set a stop loss. By the time I checked my phone, it had already bounced back to around 320, and I was stuck with a 500u loss. From this point, my mindset went south; I made a trading error and didn’t want to admit it, stubbornly holding my position. Even when it retraced to around 290, I didn’t reduce my position, and when it started to bounce back, I began trying to hedge. But because my mindset was off, I was over-leveraged, and I just couldn’t take the pain anymore, so I hit the close button.
These past couple of days have been tough, especially since I’m trading with my own hard-earned cash. Lately, guys like Xingchen have also taken significant hits, but losing this much is all on me for not controlling my hands—just had to face the market's punishment.
These next two weeks, I have a lot of papers and deadlines to catch up on, so I’m going to hold off on trading for now. The end of contracts is liquidation; rather than focusing solely on making money in the market, I need to think about how to survive in it.
For the past two months, I've been diving deep into the boss's trading strategies @神之三和 , along with tweaking the boss's three and AI tools, which are super handy! The take-profit and stop-loss levels are spot on. Now, the boss has also launched a crypto harvesting machine that helps identify which altcoins to long!
Today, I transferred 1000u and will be updating my daily gains and losses for each trade! Combining the trading techniques taught by the boss with the community’s tools, while also using some of my go-to indicators for trading. Follow me! Let’s see how far an average Joe can go in the crypto space! #神之三和
$ZEC sold out! Rights protection! Rights protection!
Yesterday I shorted at 600, but got stopped out due to a retracement! I was out grabbing a bite and didn't keep an eye on the market, and now I see it's started with a 3! Missed out on a few hundred bucks!
I'm re-entering the short! This time I’m aiming for a 2 at the start!!
Profit on June 4th: 304u! The profits from the past couple of days mainly came from shorting the market $BTC and eating up the fees on $LAB . I also caught a bit of a bullish wave following the market trend; it turns out that if you want to make some gains, you really have to wait it out!
This morning, I woke up to see BTC still ranging, so I decided to not get too ambitious and closed my position, leaving about 50u on the table. I’m still bearish for now, just waiting for a bounce to find a good entry point. #BitcoinFear
Since joining the Sanhe community last December, I've witnessed a lot of changes over the past six months. The number of members has grown from just a few hundred to now thousands; we went from having just a 🐧 group to launching our own website; from relying solely on the boss for trade signals to having our own AI coin-checking bot, meme coin harvester, and shadow trading strategies. The boss has been working hard to make the community better, and he's helping members make profits in the crypto space.
This journey hasn't been smooth sailing; we've faced attacks from ju and their crew, and even backstabbing from KOLs... but the community continues to thrive, with new members joining all the time. Doesn’t that just prove the community's influence and appeal?
I believe the community will keep getting better. Haters can hate all they want; time has already proven everything!
$ZEC Today I'm still going short on ZEC! Gonna be a solid bear!
Short, short, short, living large! Fees have turned positive, if not now, when to short? I've already taken profit on half, holding the rest of the position aiming for 500-300-100!!!
$BTC How did I wake up to find an extra 50u in my account?
Day 8 of the 1000u challenge! Profit on June 3rd: 143u
Thanks to Bitcoin for the steady gains, but just like clockwork, the whales are dumping again late at night. The big players are all liquidating heavily; right now, it's a complete emotional sell-off, no technical analysis in sight. We've dropped from 82000 in less than a month, and there hasn't been a single effective bounce!
As soon as Bitcoin shows any sign of a rebound, I'm going to short it again. This time, I'm aiming for 43000!!! #BitcoinFearIndex skyrocketing nearly 20%
Good night fam, today I bagged 90 bucks, mainly took profits on some shorts for $BTC and longs for $LAB plus fees. Still holding both shorts and longs, setting my stop-loss before hitting the hay. Wishing everyone sweet dreams! #比特币恐慌指数飙升近20%
Day 7 of the 1000u live trading challenge! The joy these past two days comes from $BTC and $LAB . Total profit on June 2nd: 99u
I mentioned before that $LAB is managed by the rave trading team, and their strategies are seriously top-notch. So, I followed rave's trading tactics to go long (negative funding rates kept pushing the price up). I opened a long position at 8, then took profits at 12 and 20, anticipating a big shakeout. Before hitting the sack, I set a long position at 12, but took a slight loss at 10 to break even on some of my position. When I woke up, it indeed crashed down. However, unlike rave, they didn’t just abandon their position, and the funding rates were terrifyingly high, so I went for the dip. This time, we might even break new highs.
The labs I opened these past two days were definitely speculative trades, so after taking profits, I’ll withdraw the gains to avoid affecting my trading mindset. Staying in the game is more important than just making money! #LAB20U see
$HYPE just shorted a hot hype lately. This is currently the largest decentralized exchange token, a solid project that's continuously securing funding, and institutions are constantly buying in. It might become a token on par with sol and bnb.
At this position, the short is based on some bulls cashing out for profits, so I'm looking to ride a short pullback. The overall trend, however, is still bullish.
Day 5 of the 1000u live challenge! Made 66.5u profit on 5.30. From now on, I gotta snap a screenshot of the daily gains or losses before hitting the sack, otherwise I wake up to an update.
$LA got wrecked by this dumb coin yesterday. Thought it was a strong whale, but damn, turned out to be a thief!!! Liquidity spiked to bait us in and then it dumped hard to the bottom. All my orders got filled in a flash, and now it's as stagnant as a puddle... Can you learn a thing or two from your bro lab and make a moonshot to 10?
$LAB resist lab! Let’s start with you, me, and him!
This coin is operated by the same team as $RAVE , a top-tier quant firm. They execute hundreds of trades per minute on the one-minute candlestick chart. Getting in is basically just handing over your cash to the whales. Anyone who's played RAVE knows that the whales don't just pump it straight up; they constantly oscillate to liquidate both long and short positions. You really have no idea about the whales' trading strategies. If you chase the long, you might find yourself getting wrecked with a 50% drop out of nowhere!
The recent surge in BNB was mainly driven by news, with Binance set to list on the US stock market. We've seen a mini bull run, and now it's hit a key resistance level at 740. Plus, the open interest isn't keeping up with the upward trend, indicating that bulls are cashing out and taking profits. Now's the time to short and grab some small profits on a pullback!
Day 4 of the 1000u live trading challenge! On May 30th, I lost 76u, with a drawdown of around three points...
Yesterday was the weekend, and I went out for some fun. I even posted that I wouldn't open any positions, but I just couldn't resist and ended up opening $ALLO . I intended to long from that position, but I misread and mistakenly shorted instead. By the time I checked my phone, it had already shot up, and I was down 50u...
Then there's the $H trade, which I had set a while back. To my surprise, it immediately spiked ten points, and I had to bite the bullet and cut my losses. Overall, those two trades were the main reasons for my losses yesterday...
To sum up the lessons learned: 1. The crypto market trades 24/7, meaning there's always an opportunity available. Don't FOMO into trades based on feelings. Not taking a position at least means you won't lose money. Do your analysis and watch the indicators before entering a trade; this can improve your win rate. Remember, making more isn't as important as losing less. 2. Position management is crucial, and always set take profit and stop loss on your limit orders. For the $H trade, I opened a 500u position, which far exceeded my managed position size. I was lucky to have seen it in time to stop out; otherwise, if I had left it overnight without a stop loss, I could have woken up to a 200u loss. So, always set your stop loss on limit orders...
Day 3 of the 1000u challenge! On May 29th, I made a profit of 39.9u, currently unrealized profit stands at 33u.
It's Saturday, and with no significant market movement, I'm holding off on opening any new positions. I'm just going to chill with the positions I have!
The order $SYN was initiated by the boss in the livestream, trying a short long on a bounce since it dipped to 10.9, so it was a good chance to catch a little rebound. From 0.04 to now at 0.44, that's a 10% gain! Closed half, holding the other half for the long run!
$LAYER time to go long! Recording my bottom buying strategy today!
1. This coin has already dropped 90%, sitting at a historical low, and it's touching the 10.9 black swan spike near the whales' cost price, so we might catch a bounce. 2. The futures/spot trading volume ratio is showing some movement, possibly indicating that the big players are quietly accumulating, gearing up for a pump. 3. The big boss's altcoin harvester has a high score, and the signal is quite clear.
Stop loss set at 0.082; if it hits, I'll only lose 10u, but the upside potential is massive!
Day 2 of the 1000u challenge is live! Day 1 profit: 50.8u Mainly went long this time; the coin vvv that surged recently and zec is already losing its bullish momentum, so I'm prioritizing longs. But I gotta admit, I was a bit too conservative with the take profits on those trades, lol, left a lot on the table.
The entry point at $VVV for the long wasn't ideal; the whales were probing, but liquidity kept increasing. I didn't sell much of the spot, and there's been consistent inflow, so it feels like a setup to bait shorts and average up. I thought about taking profits when it pumped but didn't expect it to keep rallying through the night 🤬🤬🤬
First day trading with 1000u! Going long with 20% position at $XPL Using the boss's altcoin harvester and trading strategies, I've noticed some action between the futures and spot markets, which might mean the whales are accumulating positions. So, I’m taking a small long entry. Plus, this coin has been holding its heat, and the price is at a decent level. While a moonshot might be tough, snagging a gain of over 10% should be no problem!