2024.11.21 Funds: 1367U
It must be luck
It's been 3 consecutive days, probably around 5% each day, with profits exceeding 50U, and the drawdown has been managed quite well.
Keep it up, don't get overly excited to operate, if you get overly excited and go all in with 20x leverage, you could get wiped out by a significant downward movement. I once got wiped out because I got too excited, going all in within 5 minutes.
Speaking of getting wiped out, here's a tip for new traders to optimize trading: don't wait for Binance's forced liquidation, as there will be liquidation fees, which will cause your actual loss to be even greater. When approaching the liquidation price, you must must must stop-loss! This can help save you from the liquidation fees. The higher the leverage, the heavier the position, the higher the liquidation fees!
Right now, you must not open new positions, continue to use the program for trading, and also focus on defense to prevent major one-sided movements that could lead to significant drawdowns in profits. If you can manage this well, trust me, you'll go further!
Successful people benefit from failure, then find a different path to try again.
