FET rebounded to 1.402. Then I revisited my post about the bottom range prediction of FET and punched myself silently!
Because the average price of FET was 1.8, I expected that it would continue to fall, so I kept enough short positions to cover the positions in the range of 1.05-1.3 to pull the average price to around 1.4. I don’t know why I was so obsessed with all the short position funds at 1.3, which led to the lowest position of 1.106. I wanted to cover the position but found that there was no money 😂😂
It really proves the saying:
In the currency circle, no matter how accurate the prediction is, it also needs absolute execution
In the currency circle, no matter how good the technology is, it also needs reasonable position management
Maybe someone will say: No one can copy the lowest, and no one can sell the highest! This is true; but if you can’t even fully execute the strategy you have formulated, you will definitely not be qualified to earn more!
Today I share this with my fans; I hope to learn from this; you and I will encourage each other! A small mistake will result in the loss of a trading opportunity. A small mistake can lead to a big mistake!
Coin trading is like employing people: do not doubt people when employing them, and do not employ them if you doubt them! I hope everyone will do enough homework on the coin when choosing it. Once you choose it, do not doubt it and do not change the target frequently; otherwise, you will definitely lose more than you gain!