Brothers, hello everyone, I am trader Zhu Yidan. The big surge on Monday morning was exciting, sweeping away the gloomy mood from the weekend's sluggish market. I just landed in Hainan last night, so I didn't update articles or do live broadcasts for you. I will continue to update and live stream as usual.
Last Monday, we first experienced a sharp market drop, with three times leverage blowing up, leading to significant losses for many. At that time, I was holding a 1x contract, and at the bottom of the market, I switched to a 3x contract. By using a strategy of increasing positions at the bottom and reducing positions at the top, I lowered my average price, and ultimately, both orders were profitable.
On Friday, I still blindly bet on the weekend market, getting stuck at a high position, ignoring the actual market trend, which made my trading rhythm go wrong again and seemed particularly passive. The weekend market made group members very silent, and many people privately messaged me. My judgment at that time was a washout trap, expecting a big drop on Monday, but I didn't publicly announce it in advance, so everyone can just consider it a hindsight.
Just experienced a big surge, I took profits on my SSV and the other order is still in a loss state. Currently, the total capital is 110,000 USDT, getting closer to the cash-out target of 140,000 USDT. The trading difficulty will continue to increase, and the impact of news on the market will become more apparent, with sharp rises and falls, so everyone should be mentally prepared.
Volatility represents profit and loss. In conclusion, I will quote a famous saying by Gao Qiqiang: 'Am I afraid of the wind and waves? The bigger the wind and waves, the more valuable the fish!'
