Let’s review the two orders I placed while sleeping last night: 👇

The first short order: Even if you didn’t see the cancellation notice, even if you traded the short position after you woke up, you still had plenty of time to close it, and you could still make some money, because the price has been lower than 56150 since the entry price. The reason we cancelled it was that when BTC reached the highest point of 55600 yesterday, it fell back to the first profit target of our short order, so this had an impact on the short order we had arranged in advance, at least the speed of its retracement would be slower.

The second long order: I realized that our short order target had fallen to 52580 (the first target of the short order) in advance, so I arranged a short-term sleeping order in advance. The entry point of the short-term long order should normally be the profit target of the short order (52580), but the entry point was actually 52400, so that Bitcoin’s lowest price was around 52530, which was more than 100 U away from trading. Then today, when you woke up, it was directly pulled to 56150, with an increase of nearly 4,000 US dollars.

Summary: The biggest mistake is that the entry point of short-term long orders of Bitcoin has a big problem. Normally, the profit stop target of short orders should be 1

(52580) which is the entry point of short-term long orders (realizing long and short conversion double eating), instead of giving another point, resulting in missing a large profit margin. #BTC