Summary after another wave of liquidation:
I entered the market with more than 70u at the beginning, and just encountered the rising trend of doge. I made 1000u in two days. Maybe it was too smooth at the beginning. I resisted the decline of BOME in the middle and exploded more than 1,300u. After two days of emo, I adjusted my mentality again and stopped being so eager for quick success. In a week, I made 2000u from 800u. I thought that I should be steady in the future, set a stop loss, plan the profit and loss ratio, don’t be so greedy, and make a move at the point I have studied well. Even if it rises to the sky later, I will not regret it. Indeed, I perfectly avoided the two days of purgatory at 413 points. After 414 stabilized, I did make money. Thinking about the halving of BTC, this wave of killing can be regarded as a perfect wash. I was a little bolder. I worked hard all night and opened a total of 600u positions. In the end, I also met my expectations and doubled. I was short for a long time, thinking that the band callback was over, and the position was inevitably a bit heavy, but it exploded again.
To sum up, I still didn't do well in some details, and I need to improve my mentality. When you can really stay calm, you will succeed.

I was short when the pin was inserted at midnight yesterday. In the morning, the bullish trend came back a little. I thought that the Bitcoin halving would be in place soon. It would probably be better if it went sideways for two or three days. I hesitated for a long time and finally did not dare to open a position. I woke up in the middle of the night and saw a message from my good brother. Did you sleep? I guess there was a big change, either a big rise or a big fall, because he was hit by the pin yesterday, and he was a little angry, so he rushed in again yesterday. I clicked on it and saw that it was really bleak again. When playing contracts, your skills, position management, profit and loss ratio setting, mentality, and execution can only account for 30%, and it depends on whether the market will give you meat. In the market these two days, those who carry orders with super high winning rates have also frequently exploded. I will not open a position for the next few days. Let's wait and see for two days. Let's wait and see on Tuesday, so that the brothers who have lost money can work for a day to calm down.

Probably another sleepless night. After the business failed, I started working to make money to pay off debts, and I was anxious about debts every day. With this state, whether I was working or analyzing the trend of the currency market, I would get twice the result with half the effort. In real life, he is becoming more and more depressed and taciturn. He used to be a sunny and cheerful boy, but now he looks like this. Maybe he is suffering from depression!

What others see is always the rising part. Who can see the wave after wave of liquidation?

Do you want to get more back and stick to the 15-minute line to finish?

Short $BTC

You said there is no money in the currency market? Who believes it? Tens of billions of liquidated positions are only the funds in the contract. What the currency financial market lacks is not funds, but synergy, especially the rising synergy that currency people long for.

Why liquidation? Small funds are fighting, and big funds are also fighting. Some people say that big funds pursue stability, and only small funds who want to accumulate wealth quickly will open high leverage and high positions.

It's a joke at first glance. People who pursue skyrocketing wealth never care about the size of their funds. Let’s make an assumption that all 1 million people have entered the contract market, and 20 billion is equivalent to 20,000 liquidation funds for each person. This is the calculation when all people participate in the contract and all contracts are liquidated. Recently, more than 90% of long positions have been liquidated. If all positions are liquidated, who is short?

It can be inferred from this that not all those who have liquidated their positions are scumbag currency traders.

The tens of billions of liquidations indicate at least one problem: 5x, 20x, and 100x leverage operators are ready to be liquidated at any time, regardless of the size of their funds.

two

Yesterday, my article wrote that the currency market has fallen one after another. Why do you still dare not buy?

I carefully read a lot of comments. Some veterans have very clear understandings, but more people say this:

①, There are no bullets left.

②. If it falls, will it still fall?

③. I am afraid of losing but want to win, so I have to chase the rise and kill the fall.

④. While waiting and watching, the opportunity slipped away quietly.

⑤, no courage and courage.

If you don’t dare to grab cheaper chips, you probably have these five mentalities.

In fact, these mentality are too normal and have always been my mentality. I guess this is also the reason why people in the currency circle call themselves leeks.

The first four reasons above are all cognitive factors in contract investment, and the fifth reason is the fear of difficulty caused by lack of cognition. With enough knowledge, courage and courage will naturally come out. #内容挖矿