It is really difficult to overcome the human weakness of greed. I have escaped from the top several times in the above picture. How did I do it?

The biggest principle of escaping from the top is: quick battle and quick decision. Once it rises to the lowest target, you should stop profit. The closer it is to the last dinner, the more careful you should be! Don't make the last penny! This is easy to say, but difficult to do!

I escaped from the top at the end of July at 69700. Although I thought the probability of a big five waves was relatively high, because it did not break through the medium- and long-term downward trend line, the 69700 pressure level was also raised for a long time. I still ran away from 69700! I won't touch it even if there is a slight risk!

This wave is the same. Although I thought there was still a chance for the last wave of offensive, the lowest rebound target of the 2-day KC upper track has been reached, and it is time to escape! On August 25, I also reminded the private circle to run away. Last night, I reminded them again that the Shanzhai has already completed the three-stage structure and reached the top, and warned not to touch the Shanzhai before the big cake is in place.

It is really important to overcome the human greed weakness in the bear market. If you want to completely protect your capital, you will definitely miss some opportunities and be said to be missing out.

In fact, who can get every wave? Missing out will only make less money, not much loss. Not being trapped is what we conservatives should try to avoid.

A few days ago, I bought the bottom of the 60,000-yuan coin and took profit at 64,000. Yesterday, I predicted that the price would pull back to the 12-hour BBI and the 12-hour KC lower track, and the 60,500 pulse stop loss. I bet that the last wave would rise to more than 65,000 at these two positions, and I wanted to take back the coin so that I could short it when it rebounded to form a hedge order, so that I could make money forever. In real time, I made a wrong bet this time. I bought the bottom at 60,000, and sold at 64,000. I bought back at 62,800, 61,800, and 60,500 in batches, and stopped at 60,500 pulses. The previous profits were spit out, but I still made a little profit overall. This time, the top escape was not completely perfect.

Once you reach the lowest target of the rebound, don’t continue to fight for the last penny when you pull back, it is likely that the decline will exceed expectations!

Never bet that the market will definitely go in the direction you predict! Respect the market!

It's a pity this time. I only shorted TON's secondary high of 6.96-7.04 and BNX's highest point of 1.68. I didn't short Bitcoin and Ethereum. I even gave back some Bitcoin profits. I can only wait for another chance!

In summary: It is important not to earn the last penny. If you want to be greedy, you will be doomed. Never bet that the market will definitely go in the direction you predict!Respect the market