Today's funds 598 U, October 7, 2024

Now I hold AAVE and FTM with single contracts. Today I am mainly thinking about one issue, hold the weak and keep the strong, and go for the strong.

AAVE daily line has been weak in the past few days, and it is strong today, so I keep my position. FTM was weak in the morning today, and it was strong yesterday. I have been considering whether to go for the strong, that is, sell FTM and go for the coin WLD UNI in my observation coin pool. Each coin has a strong-weak conversion. My strong-weak conversion is based on the daily line. A major time point is to pay attention to the time of the daily daily line, such as the first sixty minutes of the daily daily line at 8 o'clock.

The National Day holiday will end tomorrow, and everyone will start to work. I once asked me a question from a fund manager in Guangzhou. If the bull market of A-shares has any impact on the currency circle, I think it has some impact, but not much. The currency circle is global 24 hours a day. After 9.4, China's large funds investing in the currency circle have been restricted, so the outflow of funds from the currency circle to stock speculation is far less than the impact of a piece of news from the United States on the currency circle.

There is a statistic called the Sharpe ratio in Binance. I have never really understood it. I have searched it on Baidu several times. I know that the bigger the Sharpe ratio, the better. Can anyone explain the Sharpe ratio to me in plain language?