Yesterday, I opened a long position in the 94750-95450 range;

The average price reached 95215

After finishing, it started to rise, I really overestimated it, I watched the market all the way to 96488 and it just couldn't go up at all;

After several hours of pulling, it dropped to a low of 94259; only 9 points away from my stop-loss at 94250;

At that moment, I was still grateful that I survived a great disaster and there must be good fortune afterwards, if this wave can break 97, I will take profit; otherwise, when it goes up, I can just set my cost loss

Sure enough, just reached 95740 and started to fall, I immediately manually took profit! It took several hours in total, but the energy consumed was not trivial!

Although there was some profit in the end, the whole process was really exhausting; I haven’t done this kind of short-term trading in a long time

I am sharing this process to tell my brothers that the higher the trading frequency, the greater the probability of making mistakes; if yesterday I had gone down another 9 points, I would have hit my stop-loss, losing several thousand U; sometimes your capital is not just what you normally lose, but more about the loss of funding rates, transaction fees, and the loss from incorrectly setting stop-loss and take-profit levels; don’t underestimate a small amount, when it adds up over many times, you will see the total loss!

In a major downtrend, the risk of betting on rebounds is still very high, in a major correction, buying the dip while it falls can only be adapted to spot trading;

Some might say, can't you short? I just want to say two points:

1: I don't believe in directly turning bearish, so I did not expect to short at high positions

2: Since I didn't short at high positions, how can you let me short at low positions now?

In such a market, as long as you are in it, you will feel the torment; the more so, the more you need to control your hands; I believe this round of market will not end hastily; waiting is also a strategy!