There was a big drop yesterday, and most of the people who went long were liquidated. I survived. First of all, I opened positions yesterday as well, and I opened quite a few. I started opening positions at 4 o'clock, but the positions were all very small, slowly adding up. At 5 o'clock, the volatility was very large, and I added about a hundred U to my positions. At the worst point, I had a loss of around 200 U, which is quite normal given the volatility yesterday. In the end, I held on until 7:48 and closed all positions, resulting in a profit of 21 U. It's not much, but not losing and making a small profit is indeed not easy.

So, gradual position building and diversified investment can effectively prevent sudden situations like this big drop. Some people will say that it just works well. Everyone can take a look at my opening records; I only started opening positions after 4 o'clock, and I added a lot of positions at 5 o'clock. The software will not open positions without significant volatility.

If I had lost 200 U midway and couldn’t recover by 8 o'clock, the software would also close the positions and recognize the loss! This effectively prevents being wiped out in one go!

Many people who get liquidated are mostly either going all in or are on the edge of going all in!

Follow me if you want to consult about any unclear issues or want to exchange and learn together. Check out the introduction to my cooking business to join the community without any cost.