This wave of trading feels great! It smells good too! Even the small area of Little Han is cooperating but not very useful; this tiny place is fine for some activities. When causing trouble, his older brother just needs to make a call, and he will be obedient. 😃.
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The midday Bitcoin outlook suggests to short after breaking below 95568; I suppose it's fine if you started shorting from 94729! At the lowest point, there was a profit of 1100 dollars, so you could have taken that, right? Is it not a big issue that the volume broke below 95568 with volume and price? Save your classmates from often asking what a volume break is; this is a volume break. Do you understand it now?
I don't know if everyone has taken profits; if you don't close positions in time, the profits will evaporate. I mentioned before that before the U.S. stock market opens, the Bitcoin market is never that real.
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The second Bitcoin midday idea suggested to short when it broke 3616; who followed? If you shorted from 3596 to the lowest at 3502, there was a profit of over 90 dollars. Taking profits is the real gain; that’s not real profit. You need to understand this principle. Floating profits are just numbers fluctuating, which feels nice; if you don’t close your positions, you haven’t made any profits. In the evening, it reversed dramatically; the daytime market seemed shaky, but in the evening it pulled back up.
You need to understand that the profit you thought you had may not only be gone but you could also hit a stop loss. Remember, we are all short-term traders; don’t try to learn others' strategies. Timely profit-taking is the real gain.
Today's program ends here; we continue tomorrow.
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Action speaks louder than words.
