Today’s funds 1053U, 2023.11.3,
I am still holding the FTM contract. Today is the 4th day of placing orders for the contract. The funds dropped from +30% yesterday to -6, and plummeted from 1526U to 1053U. I was wrong. It was a big mistake. I didn’t want to think about it at first. Admit it, I am still thinking in my mind, "The king, general, Xiang Ning, is kind" and "I would rather break than bend." The most important thing in a contract is the current situation, and pay attention to the general trend. In the face of the current situation, if you want to change your destiny against the will of the times, trying to block the car is just a sign of the general situation. A speck of dust was turned into ashes and then flew up. I made two fatal mistakes. 1. I shouldn’t have bought any currency contracts yesterday. I should have taken a short position and adjusted my rhythm. Yesterday, many currencies rose a lot. The very strong SOL market was already fishtail. I already felt in my heart at that time. When I think about the coins I want to buy, I am afraid of chasing higher prices and not being able to find the coins I want to buy. In fact, there are no buying points for all coins. I also vaguely feel that there will be adjustments. I have been holding positions recently and I have never been short a day. You should never hold FTM positions to adjust the rhythm. If I adjusted the rhythm with a short position yesterday and waited for the money-giving market to rebound after the oversold, my funds would have increased from 1500U to 3000U.
The second mistake I made was more fatal. I shouldn’t have made contracts in these days. The market has already had a profit-making effect. I have always mentioned the Bitcoin ecology in my essay diary. Yesterday, Bitcoin went up. More than 1 times, Bitcoin has risen 4 times in a flash, but the cooperation I made carries the risk of returning to zero, and I can only earn 20-30% at most. Isn’t it good to buy hot spot currencies?
Now that the matter has come to this, there is no point in hindsight. The FTM position has just ended, and the noodles have been eaten up. All we can do is set up a stop-loss defense line, stop the loss later, and trade time for space. Today is the 3rd, and it’s time to pay 380U in rent again. What should I do?