1 Let me share the annual U-based contract curve. My income is definitely not high in the circle, but the retracement of the curve is still a little bit interesting and can prove a little bit of strength. I am the kind of person who aims to make a living from trading. I have my own trading system. I also built a software to record every transaction I make (Figure 2) and use it for review, analysis and improvement. It can be said that You are very serious about doing business! I’m not posting this to brag about myself. After all, it’s still far from my goal and not worth showing off. I’m just posting this to increase my credibility so that friends who come in from the comments are dog bettors. Heed this advice, if you If you are not as serious as I am (I have spent 4 years learning trading, read countless books and videos, and reviewed hundreds of times), then just stop! In addition to trading, there are many ways to go in the world!

I started to suffer two consecutive losses. This was the first consecutive loss after I officially entered the trading state, and it was also the most severe capital withdrawal.
Unexplained expansion, failure to follow the signal to enter the market, lack of self-discipline in life... all kinds of problems, I need to reflect on myself and adjust my state.

Set a flag for myself. The current funds are 35,000u. Before the funds reach 44,000u (44,000 is the point where my funds double), I will not discuss trading problems with others, nor chat in the square.

The counter-trend orders after the big plunge made me a little panic. In addition, I watched too much today and felt that the market was still weak. I withdrew conservatively.

Get excited! Real traders will get excited when they see this kind of volatility...

There are opportunities only when there are fluctuations. As for those who are crying about liquidation, they all fail to control risks and manage positions well.

I almost didn't get a retracement in this wave, 5.6 points. But it's a pity that I didn't seize the opportunity to short. Although I had already made a short order a few days ago, it was useless if I didn't hold it. My level is still not enough. Preconceived thinking plus some off-market factors led to missing this wave. Keep working hard!

In addition, regarding bottom-fishing, I personally recommend not to bottom-fish with contracts. Bottom-fishing with contracts is easy to catch a flying knife, so it's unnecessary. For spot, it's safer to copy in batches. I currently only copy 20% of my positions, mainly Ethereum. I don't consider copycats for spot.

#抄底 #交易心态 #合约爆仓 $BTC $ETH

Have many accounts been liquidated in the past two days? Post a poll to see how everyone is doing

The inevitable phenomenon of not setting a stop loss is a liquidation... This is the coin-based ant warehouse I built. I was ready to manually close the points when the price fell. I didn't place an order or set a stop loss, but it was liquidated. 😄

So if you want the contract to last long, stop loss is the first priority

#合约爆仓

The price went up again after the stop loss. I have no choice but to accept it. This is also the norm. I will get used to it. There is no other way. It is impossible to hold the order!

From a floating profit of 1800 to a loss of 1200, although I lost a lot, it was only 4 points, which had little impact on the account, and the overall risk was controllable. The main reason for this loss was that I stuck to the trading strategy and did not change it midway, so although the result was not good, from the perspective of the transaction itself, it was a success.

The point that may be optimized is to reduce the position or protect the principal when the trend turns. Sort out your mood and wait for the next opportunity.

To do contracts, you need courage. As long as it complies with the trading system and the overall risk exposure is controllable, you should enter the market decisively.

Share a recent order. The BTC convergence triangle broke through with large volume. I entered the market decisively and set the stop loss just a little below 69.

Don’t be afraid of heights when trading. What you are betting on is probability. Just set a good stop loss.
$BTC 6735340583#TradingPsychology

The expected waterfall did not come. If it stabilizes, continue to go long...
Ether is pulling a bit hard. Can this wave reach 5,000?

This time, the contract base has just been adjusted to 3wu. Can I be so lucky to get a big wave? It feels a bit unreal.

However, the current trend is indeed at the top. Don't predict. Hold the position and wait. The rest is left to the market!

$ETH $SOL $DOT #Contract

Is the waterfall coming? expect! !

I feel like I haven't made much progress recently. I still check orders frequently and don't follow the rules set by the trading system. It's not as good as it was some time ago.
Forget it, the orders are all settled, the longs and shorts are all settled, let’s do this for now and calm down for two days before talking.

Don't be a market analyst, just a follower. The market got out of the resistance state and a short signal appeared. Then it will be flat and short.
At present, only the last orders are left to close the long orders. Because the general trend has not changed, there is no need to close the long orders. The short order of $sol has been opened. This order is based on a short and fast idea. Stop loss and take profit are set up in batches, and the market will do the rest!

The most difficult stage of the contract is when the position has a slight profit, and then it is not enough to adjust the stop loss point to the cost, because if the cost protection is carried out too early, it will be easily swept away and the game will be in vain.

Therefore, the initial stage is the time when patience is most tested. At this current state, according to my trading system, the sol order can also be used for cost protection. In this case, the risk exposure of the three orders will be 0, except for the deduction points. Funding costs are basically zero risk.

What I'm doing now is "cutting off losses", and the next step is to "let profits run", but I can't take it foolishly. If I can get to the previous high, I will cut off part of the profit. Or if other reversal signals appear, they will also exit the market.

-Follow me and share trading experiences regularly
#合约 #交易心得

After waiting for the opening signal, you wait for the exit signal. Most of the time in trading is waiting. It’s really boring...

It is much more difficult to hold a position with floating profits than to wait patiently for the entry signal. It is a test of human nature. The difficulty is that people regard floating profits as their own money and can't help but want to take advantage of the situation. If you can't break through this, you will never make big money. I have missed many opportunities to double my account because of this. This can only be done slowly and deliberately forcing myself to pay less attention to the market... There is no other way.

As for floating loss positions, it is no longer a problem for me. Because I set the stop loss before opening the position, I will hit it when it is hit, and I will never move the stop loss anyway. This is the core of not getting liquidated, just admit defeat. If you lose, you have to admit it and try again next time.

#合约 #交易心态 #交易训练

Slowly fall, and the spot price slowly picks up. As long as it does not fall below the daily MA120, it is considered that the bull market is still there!
As for the contract, I am not considering getting involved at the moment. It is easy to get the needle, so just wait.
$BTC $ETH #抄底

I haven't moved the contract for half a month. Today, the support point opened a little more than ether, and the loss was stopped.
It seems that the strength of the correction is still quite strong, so we can only find low-priced spot stocks, and wait for the contract until it stabilizes. $ETH

It is normal to make a stop loss in a contract. You should not hesitate when stopping a loss. Generally speaking, it is OK to make a small loss and make a big profit #contract

Finally, after a correction, I feel that the bull market will not end so soon, and at least it will have to reach a double top. Let’s talk about my recent operations. I have been using eth’s currency-based contract arbitrage recently, and I have arbitraged more than 100 U, so I have almost no retracement during this wave of corrections in the overall asset price.

Today I will buy 1/10 position at $ETH . If it continues to fall, I will add some spot. The focus is still on eth. If sol falls deeply enough, I will also consider the entry point. It is still too high at the moment. I would rather go short than chase the high.

As for the contract, wait a little longer, my signal hasn’t appeared yet. Spot prices can be a little more subjective. Contracts must strictly implement strategies. If there is no signal, you will not enter!

During the market correction, my personal status is to continue waiting for entry signals...
I don’t have time to talk about the difference between spot and contract.

Let’s talk about spot prices first. I see a lot of people in the square saying that contracts cannot be done, and spot prices are safer. They will always go up anyway. I think this view is simply a scam and nonsense, especially when it comes to altcoins. I have been in the cryptocurrency industry for 7.8 years. I have seen too many altcoins return to zero, or even drop less than 1%. I Some of the ones that have a deep personal impression on me are
$EOS $LUNA $bkbt and of course there are many more. If you are unfortunate enough to buy the spot of this currency and choose to hold on to it, you will most likely end up miserable.

If you want to make money from spot stocks, I think there are two ways. One is to invest in Bitcoin and Ethereum at low prices in bear markets, and don’t touch the others. The second is to really understand a currency, have faith in it, and then buy it, waiting for 100 or 1,000 times, but I don’t have this ability. The rest depends on luck. Don't have any feelings for any currency, otherwise you'll be done with it!

Let’s talk about the contract. First of all, let me state that I am the one who makes the contract. Comparing contracts with spot prices, spot prices are like stocks and can be done using value investing methods, while contracts are futures and should be traded as speculatively as possible. This is the biggest difference between the two in my opinion.

For ordinary novices who have not carefully studied trading for several years, I do not recommend touching contracts. Speculative trading is anti-human. It requires a relatively high understanding of trading, and then through training, you can improve your ability to resist your own human nature, which can also be said to be tolerance. In addition, you also need a trading system of your own. Within a few years, you will not be able to summarize it and you will not be able to implement it. If you don't have the things I mentioned above, then if you make a contract, there is a high probability that you will end up with a liquidated position.

In short, it’s not that you can’t do it under the contract, it’s that you’re not good enough and you’re not suitable for it. I believe that traders who can actually make profits from commodity futures will most likely be able to make profits if they come to this market to make contracts. Because the core of trading is the same, it's just that the market is slightly different, so just adjust the strategy.

Just chatting for free, hope it helps someone who sees it.Attached is a profit curve chart of my contract.

I am considered a weird profit maker in the bull market. Contracts, spot, financial management... Although the spot in the bull market has gone short, I can still make a small profit by relying on contracts and financial management.

Regarding spot prices, my personal principle is that I would rather go short than chase highs. I can only continue to wait for the opportunity to get on the contract.