Summary of 12.2: Mu Bai laid out 4 positions today, exited one with a small loss, and today's market was still quite good, but unfortunately the evening short position was stopped out.
Today's total for Bitcoin: 3699 points, total for Ethereum: 147 points, small loss for Bitcoin: 535 points, small loss for Ethereum: 28 points.
Total earnings of over 270,000 oil.
Today's market can be described as a continuous one-sided downward trend, and Mu Bai has always emphasized that if the market does not have a pullback or rebound, then one can follow the trend until the market completely opens up before considering whether to operate in the opposite direction!
I have always emphasized to my investment friends that in the process of trading, regardless of what products you are operating, grasp the trend, control the points well, manage the risk well, and distribute the profits wisely.
The market itself is a process of risk and profit game, and what we need to do is find the optimal solution, making the choices that are most conducive to our goal of steady profit. The market has opportunities every day; it is better to miss out than to make mistakes. We prioritize risk control, strictly implement stop-loss; plan reasonably, and aim for steady profit.
