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My trading thinking
My trading thinking.
Everyone's thoughts and actual situations are different; this is just rambling, hoping to spark ideas, and let’s improve together.
My understanding of trading: to achieve big gains with small investments while minimizing risks as much as possible and maximizing capital efficiency.
I will talk about my current and upcoming operations.
Personal situation: I have invested a total of 4,000U in the copy trading account, and from the previous wave, I made a little profit and withdrew 200U, now I have 4,700U. I am planning based on a principal of 4,000U.
First, determine your maximum tolerable capacity: losing all account funds (liquidation). Of course, I believe that following my methods and strategies, a large loss is possible, but the likelihood of liquidation is low; if I were to liquidate, I guess there would be a queue on the rooftop.
Everyone's thoughts and actual situations are different; this is just rambling, hoping to spark ideas, and let’s improve together.
My understanding of trading: to achieve big gains with small investments while minimizing risks as much as possible and maximizing capital efficiency.
I will talk about my current and upcoming operations.
Personal situation: I have invested a total of 4,000U in the copy trading account, and from the previous wave, I made a little profit and withdrew 200U, now I have 4,700U. I am planning based on a principal of 4,000U.
First, determine your maximum tolerable capacity: losing all account funds (liquidation). Of course, I believe that following my methods and strategies, a large loss is possible, but the likelihood of liquidation is low; if I were to liquidate, I guess there would be a queue on the rooftop.
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Share an interesting thing that is very helpful for trading.
I invested $1000 and found a meme coin worth tens of thousands on-chain to try and be a market maker. Slowly experiencing the changes in transaction volume and price. Sometimes it feels like I'm the only one buying and selling. Calling it a 'dog' market every day, you only know after trying it that being a market maker is even harder than we think. As soon as I buy, the price goes up; after working hard to collect some chips, I find I can't sell them at all. In short, this process is very meaningful, and I can appreciate many new things, gaining a more comprehensive view on issues.
I invested $1000 and found a meme coin worth tens of thousands on-chain to try and be a market maker. Slowly experiencing the changes in transaction volume and price. Sometimes it feels like I'm the only one buying and selling. Calling it a 'dog' market every day, you only know after trying it that being a market maker is even harder than we think. As soon as I buy, the price goes up; after working hard to collect some chips, I find I can't sell them at all. In short, this process is very meaningful, and I can appreciate many new things, gaining a more comprehensive view on issues.
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As expected, the scripts are all similar; the increase in positions and the rebound have ended. I have already cut some losses and will leave the rest to the market.
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Staring at me? After a heavy addition to my position, it ended with a rebound? I don't believe it, hold on!
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The bottom is picked, follow up if you are not afraid of death!
It’s all!
It’s all!
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Bought in too early, I'm numb!
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Strange, clearly it is profitable, so why did those who followed lose? Based on percentage calculations, the loss percentage is still not low, what is the reason?
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Adjustment may have been made, prepare to enter appropriately.
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7.28 each!
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The old chives are more cautious now. Theoretically, they should actually increase their positions to maximize profits, but at most, they won't make money this time.
Withdraw, be conservative!
Withdraw, be conservative!
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Don't follow, just to be safe, I'm pulling out this time! Let's wait for the next wave, see you again if fate allows!
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Winning Rate of Follow-up Indicators
This indicator is completely misleading and has no reference value at all. I opened 50 orders and closed one, resulting in a winning rate of 2%. It looks really off-putting. After a few orders, it increased quite a bit, looking a bit more acceptable, haha.
Summary: The winning rate cannot reflect the real situation and can be easily manipulated; boosting the winning rate is very simple and easy.
This indicator is completely misleading and has no reference value at all. I opened 50 orders and closed one, resulting in a winning rate of 2%. It looks really off-putting. After a few orders, it increased quite a bit, looking a bit more acceptable, haha.
Summary: The winning rate cannot reflect the real situation and can be easily manipulated; boosting the winning rate is very simple and easy.
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New starting point, go!
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I hope to achieve perfect attendance this month as well, keep it up!
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Change the mindset, and from now on fully transition into a short-selling phase for the following reasons.
Background 1: Financial situation: About half on exchanges and half on-chain.
Background 2: General market situation: The market is currently in one of three scenarios: first, a true breakout of Bitcoin, leading to a sharp rise and a rally in altcoins, entering a bull market. Second, a false breakout that turns downward or a significant correction before a bull run. Third, the current situation of being stuck without moving up or down.
If I go long and encounter the first scenario of a bull run, that would be the best outcome; if it’s the second scenario, it could be disastrous, with significant losses both on-chain and off-chain, and exchanges could potentially go to zero, forcing one to leave the table. Of course, if it’s the third scenario of being stuck, there’s nothing much to say.
If I go short and encounter the first scenario of a bull run, on-chain assets will greatly appreciate, exchanges will suffer significant losses, but if operated correctly without being liquidated, there will still be considerable funding fees to compensate somewhat. If it’s the second scenario, exchanges could not only make money but also acquire considerable fees, which could fully offset the losses on-chain. Again, if it’s the third scenario of being stuck, there’s similarly not much to discuss.
In summary, based on my actual situation, going long cannot withstand the worst-case scenario, while going short is the most prudent approach, preventing total annihilation, while maintaining capital and having a certain probability of making profits.
So I must short!!!
Recently, there haven't been major issues in operations, everything looks green and pleasing to the eye, let’s keep it up!
Background 1: Financial situation: About half on exchanges and half on-chain.
Background 2: General market situation: The market is currently in one of three scenarios: first, a true breakout of Bitcoin, leading to a sharp rise and a rally in altcoins, entering a bull market. Second, a false breakout that turns downward or a significant correction before a bull run. Third, the current situation of being stuck without moving up or down.
If I go long and encounter the first scenario of a bull run, that would be the best outcome; if it’s the second scenario, it could be disastrous, with significant losses both on-chain and off-chain, and exchanges could potentially go to zero, forcing one to leave the table. Of course, if it’s the third scenario of being stuck, there’s nothing much to say.
If I go short and encounter the first scenario of a bull run, on-chain assets will greatly appreciate, exchanges will suffer significant losses, but if operated correctly without being liquidated, there will still be considerable funding fees to compensate somewhat. If it’s the second scenario, exchanges could not only make money but also acquire considerable fees, which could fully offset the losses on-chain. Again, if it’s the third scenario of being stuck, there’s similarly not much to discuss.
In summary, based on my actual situation, going long cannot withstand the worst-case scenario, while going short is the most prudent approach, preventing total annihilation, while maintaining capital and having a certain probability of making profits.
So I must short!!!
Recently, there haven't been major issues in operations, everything looks green and pleasing to the eye, let’s keep it up!
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Finally got perfect attendance!
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The curve over the past three months has been good, keep it up!
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Overall, the situation looks good!
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The contract trading has been ongoing for a full three months. Here's a simple record, hoping to have found the holy grail of trading, and to continue maintaining it. No rush, no impatience, stay steady!!
Starting from July 28, 2024, the daily situation for nearly three months.
Starting from July 28, 2024, the daily situation for nearly three months.