My friends should all have learned a little bit about Mazhe, but most people don't understand the essence of this idea of analyzing specific situations. ——This point is extremely important in trading.
For example, people often ask, can a certain coin be bought at a certain price?
You think there are only two answers, either yes or no.
But if you think about it, if you think about it carefully, this question ignores many key variables, such as the period of your position, whether you are buying a contract or a spot, how many positions you are prepared to place, what the multiple is for contracts, and even your order-making style—— How much loss can you bear and how long can you take it...
For example, the foreigner in the picture asked if he could buy ORDI from 76? Can he?
If he is a betting dog who easily pays more than ten or twenty times, there is no doubt that the answer is no, otherwise his position would have been liquidated in the afternoon.
If he just wants to allocate one-twentieth of his position to some spot, and if he wants to buy it, then he can buy it. He can choose the position or not. Who knows whether there will be further correction.
If he is an ultra-short-term player who stares at the one-minute line and the five-minute line, I don't know if he can buy it.
…
But I don’t know his specific situation, so I can only choose not to answer such a question.
