Today's market conditions are not very friendly to the bears

After over 5 hours of live streaming, I originally planned to short at 96 and take profits early, but unfortunately, the trade went poorly and I got stuck. Fortunately, everyone believed in the process, so through this trade, I believe my brothers have gained some experience in getting out of losing positions. I also want to apologize for making everyone wait so long without getting to enjoy the profits.

96 short 2%, 972 add 2%, 982 add 8%, 992 add 12%, 985 reduce 12%. This is my position management tonight; to put it simply, it’s 2/2/8/12. Compared to locking in 20% or 50% all at once, this is much more stable. Position management is very important; it’s not about the market but about your own mindset.

For the brothers in the live stream, those who shorted at the 96 line and synced with my operations are basically at an average price around the 982 line. Currently, we are all pretty much at break-even. Any small losses during the process of adding or reducing positions can be managed by exiting at the average price of 982 while leaving a small position to recover. Although the process was tough tonight, the final result was still good; we just missed this wave of upward momentum.

Still, the saying goes, in the futures market, not losing is already a gain. If you made a profit, you have already surpassed 80% of people. When you start to deny me because of a temporary loss, perhaps your understanding is that 80% of traders are making money. $BTC