The rookie is back!
I feel ashamed to say it. Originally, the rookie was quite confident that he could share his experience in blind operations every day. However, a few days ago, uma caused him to have a bad attitude. I chased him all the way, and finally developed a mental problem amidst the uneasiness.
When 4.6 repeated, because it was judged that Bitcoin would be shorted below 35,000, and uma was said to be unlocked at expiration, it was estimated that this trend was like a guillotine, so I wanted to find a rallies to close the position. In the end, it was okay not to look at the market. After staring at it for a whole day, I still couldn’t find a suitable position. The most tormenting thing was the sideways market, so I thought about it, convinced myself with a reason, and decided to settle at a price of about 4.6-4.8. Position, including profit and principal, lost 3000u.
As for the strategy after closing the position, there is only one strategy. All the stocks are bought into sei's spot, and the cost is a little over 0.6. Then a dramatic scene happened. My app crashed and I logged out directly every time I logged in. Simply, I stopped watching the market all the time. I took a break in the past few days to adjust my mentality and summarize the reasons for the failure of the contract. Mainly, I didn’t want to see uma pull up again, which would really be a double critical hit.
I have summarized my own problems in the past two days, and I feel that as a rookie, it is impossible to spot the point, to be able to spot a big trend, and just drink soup along with it. Of course, this is the way to make a contract. If there is a suitable one, make a profit and leave. For rookies, the most taboo thing about contracts is long-term holding after opening in the opposite direction or insisting on covering up positions, because this is also the easiest way to lose more and more.
But spot trading is different. If you identify a few coins that have hundreds of times the potential, you really don’t need to check the prices every day. You can just buy them and hold them for a long time. Unless you encounter another very accurate opportunity, take it. So when I opened the app today, I found that I had actually made back the loss through sei's spot trade in the past two days. The 3000u went as fast as it came in. This is probably the currency circle. I can't laugh or cry.
How to make money next? A rookie will definitely embrace sei. Even if there are other opportunities, I will only invest half at most, and hold sei for the remaining half for a long time.
I wish every brother who has made losses can be like a rookie, get good luck, and reverse the situation!
