Today was a normal day. I made three orders in total, two long and one short.
I glanced at the market before going to bed last night and saw that many altcoins were about to start again. This morning, I looked at which sector started first and found that there were currencies in the #RWA and #Gamefi tracks that were on the gain list first, so I selected targets in these two sectors and waited for them to fall back before entering the market to go long. They were $TRU and $PORTAL . I saw that there would be a callback in the evening. The $POLYX in the RWA track I was tracking first showed a 15-minute short arrangement, so I made a short.
My daily trading ideas are roughly like this. When the market is mainly long, I patiently select the target, wait for the best profit and loss ratio to enter the market to go long, and when the day's increase is large and there is a callback stage, I will close a short order at the end.
I will not chase long or short. The important thing is to wait patiently for the best profit-loss ratio entry point. It must be above [1:2] before considering entering the market. How to judge the entry point and profit-loss ratio expectations is a bit complicated. I will share it with you when I have the chance.
I will not write about my trading experience today, but simply record and review it. If you are interested, I will take the time to write about a few specific cases of my own orders.