Today, a small needle in BTC directly brought down the counterfeit. The 15-minute line can clearly see the huge drop of 10-20 points. If there is no stop loss in the highly leveraged position, it will probably explode a lot, including me 😂
I entered the currency circle as a novice ten days ago with 4000u. With a little experience in the stock market, I made 5000u on the first day and 20000u on the 7th day. However, on the same day, my account dropped to 189u. Yes, the pie was 64000 and pinned to 58000. That day.
I must have felt a little uncomfortable at the time, but it wasn't like my defense was broken. I took out the transaction records and experiences I wrote every day and read them several times, made a summary, and decided to adjust my strategy and start my business with 189u.
On the first day of starting, the account balance is 189u
On the second day after starting, the account balance was 380u
On the third day after starting, the account balance was 550u, and the positions were all of high quality.
I was busy with other things in the afternoon when my phone rang. I knew it might be the price reminder I had set. I took out my phone and saw that sure enough, both ARKM and WLD had just reached the bottom line I had set. I was about to check if there was enough in the position. You can enter the market with a margin of 80%, but immediately I received a notice that the margin rate was 80%. I panicked. I knew that this must be a collective collapse of copycats. I clicked in and took a look, and sure enough, my account was cleared.
My current strategy was originally to hold a light position in multiple currencies, but today I analyzed the PEPE line and felt that there would be a sharp rise, so I immediately took a heavy position. As a result, the needle of BTC in the afternoon caused a 10% drop in the three coins in my position, and my account Return to zero directly. I looked at the position record and found that if I hold on to 2% more, I can wait until the surge of nearly 30% in the evening, and my account will directly reach 1500u.
How can I describe my mood at this moment? There is regret and confusion. It is obvious that the strategy was well formulated, so why did PEPE place a heavy position, or first close the position in the other two coins after placing the heavy position? Even if this heavy position was maintained, it could withstand this plunge.
I really want to recharge 1000u and give it a try, but I feel that I may not be suitable for the currency circle. Alas😮💨