A review of the past month, written to myself before the new year. Why do we always see things very right but do things very wrong?
(Long article warning. May be useful or useless. Be your own Hamlet.)
(Why did I write this article? Because a fan sent me a private message. He said that I have been very accurate recently, and the profit increases are huge. There is no hindsight. I admire you very much.
So I checked my Weibo. Mmp, I didn't post much, but it was very, very accurate, and all before the detonation point. I was numb myself.
But why didn’t I make any money?
In the past month, the first code found was $sui.
Diem technology differentiation
apt sui linear 0l
Move Ecosystem
So first of all, it has potential, upper limit and story.
So after I saw its rapid upward trend after breaking 1, I started paying attention to it.
This is the first question. (What are we doing in the cryptocurrency world? Before buying a coin, think about whether it can double or not. At least it should have a chance of increasing by several tens of percent. This way, you can lose less money because you choose the best, most stable and strongest coins, and you don’t have to worry about being trapped.)
Finally, after the first fall from 48, Sui was firmly pinned at 1:08, and it began to move sideways there. I think this shows that there are dealers taking advantage of the market's decline and panic to buy. If you enter from here, the stop loss is very small. It was the weekend again, and Grayscale would not crash the market again.
So I attacked.
It did go up first, but then on the weekend, it went back and forth above that level, which was very painful for me. The profit withdrawal was also very painful for me. I watched the profits disappear and went back and forth several times. Then I started to use a small part of the position band. And I was complacent about it. . .
At this time, I began to wonder why Sui wanted to pull the market?
Finally, the answer I found was that the project owner was Taiwanese and wanted to make some money for the Chinese New Year.
All the answers are nothing more than that the dealer wants to manipulate the market. People find reasons for why the dealer wants to manipulate the market and also give themselves confidence.
So I thought that the market maker would pull up the market after he went to work on Monday. He rested on the weekend. Sure enough, the market did pull up on Monday, but was finally blocked at 1.45. At this time, I was too big-pictured and my position was relatively large for me. My heart became fragile again and I was tortured repeatedly.
I was using about 7x leverage on my futures positions.
I expect him to let me get 1.8 in the end.
But then it continued to consolidate downwards. Finally, when it was tormenting me again around 1.2, I closed my position, thinking it would continue to fall.
In other words, the huge profits that I was watching were almost gone.
Because of this, I also missed the opportunity to attack trolls and other local dogs on the chain.
It did fall a little bit, down to 1, and as the big cake began to settle at 38,000, many altcoins began to show their strength quickly. I saw the message sent by Brother Xianyun again, and I realized that the altcoins had regained their chance.
Sui I saw that he was still consolidating as before, very hard. I rushed, but this time I bought only a small amount, and lost confidence after being tortured repeatedly. The position was around 1.1.
I was expecting it to fall further to the low stop loss level of just over 1.00, and then I would increase my positions aggressively and place orders there, but it didn't happen anymore.
Many times there is no best position, or you fail to seize the opportunity.
Finally, I closed my position as soon as Sui showed some weakness at 1.2. This time I was very worried about losing my profits.
As a result, we all know that it quickly rushed to 1.3 and 1.4. Fortunately, when it broke through 1.5, I placed a breakthrough order and bought some back. I don’t know what the situation will be like now.
I saw a lot of things right, but I didn't make huge profits. My confidence and positions became tortured, fragile, and reduced in the fluctuations.
It may be more because the position is too high.
There are also some different stories about xai and snow, but they are too long, so I will write about them later when I have the chance.
Why I wrote this article? Because a fan sent me a private message. He said that I was very accurate recently, and the profit increase was huge. There was no hindsight. I admire him very much.
So I checked my Weibo. Mmp, I didn't post much, but it was very, very accurate, and all before the detonation point. I was numb myself.
But why didn’t I make any money?
So there is a huge difference between seeing the right thing and doing the right thing. It is easy to be an analyst, but it is difficult to be a trader.
I wish you all a happy new year, and may you become rich and free soon. 10!
New Year, new atmosphere, new good luck. !
