We have basically left messages and interacted with this friend's actions during this period.
It can be regarded as a collision of different trading systems, a friendly exchange, and sharing of some of my own views.
After the previous pullback, I firmly went long and continued with a second test.
From the bottom-fishing to the second test stage, many people were left behind.
My group friends were also very agitated at the time, wondering if the market would continue to fall.
I will test 49000 first, but I have always been determined to execute the plan.
GL, my friend, was repeatedly jumping between long and short positions and was too focused on the intraday.
After the short position hits the stop loss, I immediately go long, and when the long position sees a shock, I run away.
Then it went all the way from 60,000 to 68,000, and now it has started to short and take advantage of the callback.
Of course, it is right to do this when doing bands.
It’s not that his trading system is bad.
Everyone's financial situation and personality are different.
Don't generalize, just do what suits you.
I am a trend follower, and I may catch a trend after much difficulty.
I won't be greedy for the small profit of the band,
Go with the flow, I bet on an upward trend, so I will only do unilateral operations.
I don’t participate in hedging or short selling, and I’ve shared this with you before.
As long as you have a short-selling mentality or a swing mentality in the trend,
Thinking has inertia, and every time there is a possible callback,
You will choose to go short, hoping to catch a wave.
Over time, you will go from hedging to losing, and your appetite will grow bigger and bigger.
Until a big positive line knocks out your short position,
Your long position is gone, and now there is no way to get on board.
This experience is what I gained from hedging when I was in my 80s and 90s.
At that time, I judged that it was almost the top, so I opened a short position at more than 80 to hedge.
But the 80-90 range has been going on for more than a week.
The K-line fluctuates greatly, and the trading volume is also large. After hedging, I am afraid that it will continue to reach new highs.
The result is that I kept cutting myself by opening short positions in this range.
I lost 20% of the ORDI rolling profit and will never do it again.
(Maybe I am too bad and my mentality is not good)
At this stage of the market, what I can feel is that
Retail investors have no money left, and the revenue of leading exchanges is declining.
The transaction volume of group members in each group is also declining.
After 7 months of wide fluctuations, many people have already withdrawn from the market.
Those who stayed in the venue
Most people missed the opportunity.
A small number of people stopped losses when they went short, and were scared away when they started to go long due to volatility.
Very few are still resisting short orders,
It has risen so much and is about to break a new high.
Because the market may come, but there is no money, no profit, and still loss.
So it’s 68,000, the entire Chinese Twitter is very quiet and unexcited
It's not like in March to May, when the market was approaching a new high and everyone was looking at the new high.
The excited cow returns.
Maybe this time it really hits a new high? Who knows?
Trading is about cultivating your mind. You need to know what you can do.
What can you earn? There are stories of getting rich quickly.
That's like winning the lottery; it belongs to the story, not to you or me.
mutual encouragement.
☺️☺️☺️