$TROY
A Kill!
It’s the familiar taste again, although it was a profit-taking exit.
But the reaction was still a bit slow.
You can see the two additional investments after the position was built on the 31st. Yesterday's additional investment was a mistake, a bit premature, but it’s okay, the average price is low. The increased protective stop-loss was hit last night.
Everyone can review, from 4 PM to 6:30 PM, there was a very obvious characteristic of the main force distributing at a high level, so I raised the stop-loss to the starting point of the fluctuation.
I see a lot of complaints in the forum, I mentioned it in a post yesterday. For such new coins, when the forum is optimistic about it, you should exit the next day. My plan was to sell it after a rise today. I didn't expect this dog dealer to be so reckless, too eager, and chose to drop it last night. Some profits were given back.
So for this kind of coin, I really dare not analyze it randomly in the forum. Everyone must remember that new coins can only be traded with short-term thinking, especially when going long. I’ve been posting for four months, always playing ultra-short with new coins, the volatility is high, and the profits are high. But correspondingly, there is also risk, which is about controlling the drawdown. Most beginners can't do this. So beginners in the forum must not play with new coins, not even spot trading, this is not for this level, it's pure money loss.
It’s like going to the garage in the morning and encountering a beautiful woman walking her dog, she looks very pretty, very fashionable, and the dog is an Alaskan, also very clean, but she just squats in the garage and poops and leaves, anyone who owns a dog would clean that up. I immediately called the property management to deal with it. You say, for such a beautiful woman, what's the use of just having a pretty face?
So for Troy, Reef, Bigtime, or many many new coins, Neiro and so on, it's the same, do you still love this kind of beautiful woman?