How is Bitcoin today? It has to correct. At midnight it was 99,000, this morning it was 98,600 and I have shorted again.
You don't want Bitcoin to keep rising without any correction, do you? Is there anyone here who has benefited from this bull run? To be honest, I have lost six hundred thousand this month. I managed to make sixty thousand USDT in the first ten months of this year, but now that this month isn't over, I've not only lost everything I earned before but also lost several thousand USDT, so after a reversal, I'm down six hundred thousand this month. This is real and not exaggerated, neither small nor large. I am just an ordinary person doing some analysis and taking small positions, and I've thrown sixty thousand to the market.
Before this month, I had many glorious records and extremely high win rates in both short and long trades, but since the election this month, I have misjudged the market overall. Plus, the market in the last half month has really been overwhelming. I apologize to all my friends and followers who have always trusted and followed me. I'm very sorry! Although I have always emphasized and strictly implemented stop losses, when I was wrong, I also accepted the losses and exited. Even though I correctly shorted a few times in between, it was just a drop in the bucket and not enough to cover several stop losses. I thought I was entering at a high point but ended up at a low point. I opened a few positions that had rare corrections of 3000-5000 points but was greedy and didn't exit, resulting in being stopped out.
So when it broke through 95,000 and 98,000 yesterday, I didn't update or adjust my emotions during the day and night. Some friends encouraged me to pull myself together and become the old Xiao who could profit in both bull and bear markets again. Now the only way is to keep trying for an opportunity. I will change my thinking strategy moving forward. In such a big market, making short-term trades to increase the win rate can also help recover losses.