一币江山

In the past few days, we have won five consecutive days, and after recovering the losses from the 805 crash, we still won a big victory yesterday.

I have noticed it in my heart. The trading secret says that you should not be greedy for consecutive wins, and the mountain is not the mountain. It means that if a customer wins consecutively in a casino, he will definitely be watched by the casino owner, which is described in many Hong Kong and Taiwan movies;

In the exchange, it is not people watching you, but big data waiting for you, automatically setting the loss path for you.

So, after getting home from get off work at night, I don’t plan to open an order.

However, the gears of fate began to bite and began to show their teeth and claws

During the interval of watching the Olympics, I couldn’t help it, so I opened a small short position and set a stop loss. I put down my phone and just watched the Olympics for a while.

Suddenly, after the unemployment data was announced at 8:30, Ethereum was a big positive line that stopped my loss accurately.

Comrades, the stop loss position of 50 points actually stopped my loss, which couldn’t be more accurate!

Of course, this is nothing. It can only be said that Ethereum has started to rebound from the bottom.
A big positive line came with thousands of troops. I calmed down, seized the opportunity, opened a long order, and habitually opened a stop loss.

The stop loss position of 80 points is a good habit just in case.
In fact, I have already calculated the 3527-day moving average, RSI, Bollinger Bands, TAMMD and other indicators in my mind. Opening a stop loss position is just a tribute to the iron law trading rules. It is impossible to stop loss for me.

Then, I confidently threw away my mobile phone, stopped watching the market, and waited for a surge!

Then, you probably know that when I opened my mobile phone later, Ethereum had already skyrocketed.

Haha, I was so happy. I thought, little guy, you are teasing me, you are still young!

However, when I happily opened the position management chart...

Where is the position?

I instantly fell into an ice valley and hurried to check the historical positions

Okay, I hit a precise stop loss again. Before Ethereum's second surge, I hit the stop loss accurately at 2411.

And my stop loss is a seemingly very hard position: 2415

Life is like this, big data is everywhere

This is exactly, big wins must stop profits, and sudden wealth must be distributed. As the old saying goes, remember it carefully
My friends, remember it.

After reading it, follow me and give me a thumbs up, and more storytelling will make you happy.

Shocking revelation: It is stealing 50% of your capital!
Today, I will reveal a shocking secret to you and tell you how to keep your capital in a critical moment.

Explosion VS manual liquidation: one is as different as the other
Imagine that you are a newbie in the market, with $108 in your pocket, and you confidently open a long order of $10,000. Excluding the $2 opening fee, you still have $106 in margin.

At this time, the price of the underlying asset you bought is $100
At this time, you are like riding a fierce horse, rushing to the battlefield of encryption

Danger is approaching quietly...
Scenario 1: Lie down and wait for death, let the explosion come more violently!
You watch the price continue to fall, thinking: "Anyway, it's going to explode, lie down and wait for death!"
Result: When the price falls to $99.5, bang! Your account is instantly cleared, and $106 is gone!

Scenario 2: Manually close the position to save the last principal!
The same is $99.5, you decisively make a move and choose to close the position at the market price.
Witness the miracle moment: there is actually $50 left in your account!

Revealing the secret: the "invisible scissors" of the exchange
You may ask: Why are the results so different at the same price? The answer lies in the "invisible scissors" of the exchange - the maintenance margin rate!

Let's see how sharp this "scissors" is:
Loss from liquidation = loss + market price liquidation fee + maintenance margin rate × leverage × margin
Loss from manual liquidation = loss + market price liquidation fee
Do you see the difference? That "maintenance margin rate × leverage × margin" is the leeks that the exchange secretly cuts away!

Number game: See how much you have been cut?
50 times leverage + 1% maintenance margin rate = 50% of the principal is cut away
20 times leverage + 1% maintenance margin rate = 20% of the principal is cut away
Isn't it amazing!
Surprised?

Unexpected? !

The secret of the counterattack of the leeks: never blow up the position, stop loss is king!

Set a stop loss: It is like buying yourself a "financial insurance" to protect the safety of your funds.

Close the position in time: If you see that the market is not right, take action decisively, don't wait for "hospice care".

The last advice: Don't be a "lying leek"
Remember, in the financial market, never lie flat! Even at the last moment, manually closing the position can allow you to keep half of the principal!

Stop loss order is a big problem, it is far from being as simple as one or two sentences say
Dialectically speaking, most of the novices who have just entered the circle die because they do not set stop loss orders, because from the perspective of human nature, most traders hate losses and thus resist orders to the end. Most novices have experienced the moment from the anxiety of resisting orders to the tears of joy of reversal, thus turning themselves into trading masters. However, no matter how many times you succeed in resisting orders, a failure or a black swan will swallow up everything, no matter how many times you succeeded before.

However, after the novices advance and become veterans, they will be killed by the blunt knife and the flesh is cut off bit by bit because of setting stop loss orders. This is because before the major market, all indicators are invalid, the currency price fluctuates widely, and all the stop losses that you think are smart and the reverse stop losses that are opened again after being stopped are all stopped.
This is the origin of the death of veterans and stop losses.
So, trading is very difficult, there is no truth that can be explained in one or two sentences. Even a small stop loss order is not as simple as saying that it must be accompanied by a stop loss.
Move your heart and endure your nature, and you will be born in the opposite direction. Only when your heart moves but your money does not fly, can you get real gold

805 hype economic recession, the currency circle plummeted to the lowest point in recent years
905 hype economic recession, the currency circle plummeted for the second time XX? ?
I think the last dad brought $ETH $BTC #非农就业数据即将公布 #BTC走势分析 The second bottom is finally coming

He keeps his word, this is unparalleled. The second bottom is coming. If the liquidation price of long orders is around 2100, you should quickly make up the margin or open a position.

Just finished talking in the morning, the afternoon started.

I feel like the second bottom is about to begin

Dog market took advantage of the super positive news that CPI returned to the 2 era and realized that the positive cashing out was a negative decline.

Then, the shorts used the big pie of the expectation of a September interest rate cut caused by the decline in CPI to make the longs willing to resist

Only in this way can more positions be blown up and profits can be maximized.

Therefore, regardless of the technical aspects, just from the perspective of human nature, the big crash is about to begin. #美国CPI数据连续第4个月回落 $ETH $BTC

#加密市场反弹
Technical Post: Expose the 50% of your capital that was stolen by it!
Don't blow up your position!
Don't blow up your position is not just a slogan, but real common sense, which can help you lose at least 50% of your capital.
Let's make a comparison first. If you have a capital of 108 US dollars, you open a long position contract worth 10,000 US dollars. Excluding the handling fee of 2 yuan for the limit order (assuming a limit price of 2 yuan for the limit price and a handling fee of 5 yuan for the market price), you still have 106 yuan of margin.
At this time, you still have 106 US dollars in your capital. Assuming that the price of the underlying asset is 100 US dollars, you have a long position of 100 underlying assets.
At this time, you can use mathematical formulas to quickly calculate in your mind
You will quickly conclude that if I close the position at a price of 99 US dollars, I will lose 100 US dollars for 100 underlying assets.
In addition, you need to pay a handling fee of 5 US dollars for closing the position at the market price
Then I should have 1 US dollar left in my account.
So the liquidation price is about 99 US dollars.
However, what you don’t know is that the liquidation price is actually 99.5 US dollars!
That is to say, when the price is 99.5 US dollars, your account will be empty.
However, the moment to witness the miracle is here.
If I choose to close the position at the market price instead of liquidation at the price of 99.5, you can still have 50 US dollars left in your account!
In summary, the same liquidation price:
If you choose liquidation, your 106 margin will be reduced to zero
If you choose manual liquidation, you can still have 50% left, which is 50 US dollars!
Amazing or not?
Surprising or not?
Unexpected or not!
They are all liquidated at the market price, where did nearly 50% of my funds go?
Haha, it was taken away by the exchange!
This common sense is:
If you leave it alone and choose liquidation, you will lose the loss + market liquidation fee + maintenance margin rate * leverage multiple * margin.
If it is manual liquidation, you only lose the loss + market liquidation fee.
Generally speaking, the maintenance margin rate is about 0.5% or 1%.
For example, if you open a 50x leverage and a 1% maintenance margin, then when you are liquidated, the exchange will take away 50% of your principal.
Even if you only open a 20x leverage and a 1% maintenance margin, when you are liquidated, the exchange will take away 20% of your principal.
Got it!
So! Don't lie flat, even if you are about to be liquidated, close your position manually before the liquidation.
So! You must have a stop loss and never be liquidated, it can keep you alive for a long time!

(The last part of conspiracy theory in the growth story of leeks)
Finally, a little bit of conjecture from playing contracts for so many years may have a little conspiracy theory, but I have seen many similar experiences.
When you have a very high winning rate or a lot of profits, will you find that
as long as you place a stop loss order, your stop loss will definitely be hit, and then the market will immediately return to the direction of your profit
You analyzed for a long time and made up your mind, so you added the only high leverage, and the market immediately went against the trend and hit your position
You carried the long orders of five times the low leverage like spot, but it turned out that an epic crash that is rare in a century made you go back to zero overnight.

Wait for these, do you also have a sense of déjà vu?

Popularize a common sense, perpetual contracts seem to be doing counter-trading with other people, and the exchange does not seem to participate.

However, if profitable customers settle in large quantities and loss-making customers are resisting orders, then the exchange will not be able to clear, and it is likely to have a cash flow shortage.

So, it is a common method to use technical means to monitor accounts that have made a lot of profits in a short period of time, and then use targeted means to blow up his position.
Don't be surprised. Small exchanges often do this. I have seen it with my own eyes. This is a means of survival. Otherwise, they will fall into a terrible dilemma of cash flow shortage.

I don't know about large exchanges, but the logic is clear. Think carefully about what big data is used for.
Therefore, after making a lot of profits, you should take a break at the right time, which is to adjust your mentality and avoid certain targeted technical means.

(The third part of the leek growth diary)

3. A "lifeline": grab it and you can survive

1. A sharp rise in the positive line after a high-frequency small drop: This is the signal given to you by the market. Grab it and you can find the direction in the chaos! It's like finding a firefly pointing the way in a maze!

2. The magic of the 15-minute K-line: When the price touches the key line, be extra vigilant. This may be a critical moment for the market to turn around! Just like the "Boss Battle" in the game, Game Over if you are not careful!

4. The guidance of the 1-hour K-line: It often becomes future support or resistance. Master this, and you will master the pulse of the market! This is your "stock market electrocardiogram" that tells you the "heartbeat" of the market!

4. "Governing by doing nothing": the great wisdom in the cryptocurrency market

1.
Don't chase the rise, don't kill the fall. Waiting for the market to stabilize is the best time to enter the market. Remember: people who are eager for quick success and quick profit are often "educated" by the market!

2.
Only make up for the profit, and never make up for the loss. This is the last line of defense to protect yourself! Just like playing a game, when your health is low, you should go back to the city to replenish your health, instead of fighting hard!
3.
It is better to look at the market than the news. Friends, don't be confused by those so-called good and bad news! The market is the best "prophet"!
4.
Psychological trap: your brain is the biggest enemy
Remember the famous "This is fine" dog emoticon? That is the true portrayal of many stock investors. The market is burning, but they are still comforting themselves: "This is normal, I'm fine."
⚠ Be alert! When you think a decision is "foolproof", it is often when the market is ready to give you a blow. Stay humble, otherwise the market will teach you humility in the most cruel way.

(The second part of the growth story of leeks)

Two, three "winning rules": let you ride the wind and waves in the stock market

1. "Holographic projection" of multi-dimensional viewing

15-minute K-line, 1-hour K-line, time-sharing line, three-pronged approach, let you gain insight into opportunities! This is like playing King of Glory, you have to look at the small map, economic panel and skill CD at the same time to become a real MVP!

2. "Morphological art" of double top retreat and double bottom attack

Cancel the order when you see the double top pattern, and open the order when the double bottom state. This trick has been tried and tested, helping me avoid countless risks! Remember: the market is a painting, and what you have to do is to understand the "morphological language" of this painting!

3. Big trend: "gravitational waves" in the cryptocurrency market

While short-term trading is like surfing in the ocean of encryption, the big trend is the ocean current that determines the direction of the wave. Learn to identify and grasp the big trend, and you can ride the wind and waves like a surfing expert.

But be careful, sometimes you think you are riding the big waves, but you may actually just be splashing around in the kiddie pool of the stock market.

(The Growth of Leeks, Part I)

I’m alive again
I once lost 200,000 yuan, but I recovered my investment against the wind after summarizing my experience. I thought I had achieved great wisdom and courage. After I was focused and inflated, I opened a lead order. After winning several games in a row, I opened a 5x leverage order and was trapped. Because of the face of leading the order, I wanted to maintain a high winning rate and was unwilling to stop loss and close the position. I resisted for nearly half a month, and finally experienced the tragic 805, and 10,000 U was destroyed.

In the end, only 500U of bnb was left for the contract discount. With this remaining 500U, I closed the lead order, let go of my obsession, and finally recovered my investment today.
After a great enlightenment, I recorded the lessons learned from the blood and tears and shared them with you
(Part I)
I. Four major "leek traps": I stepped on them for you, don't jump again!

1. Short-term trading: gamblers' paradise, leeks' hell

You may have heard of the golden rule of "Buy low, sell high". But in the stock market, many people's operations are more like "Buy high, sell low, repeat until broke".
Remember: When you think you have found a stable short-term rule, you are often about to become a victim of "rekt". It's like playing Russian roulette, except that the gun is loaded with your investment.
💡 Pro Tip: If you find that your short-term rule is suddenly inaccurate, don't hesitate, clear your position immediately! Whether it is a profit or a loss, it is much wiser to keep the principal than to continue digging in the abyss.
2. The "fatal temptation" of 10x leverage
Brothers, do you remember that time when I confidently added 20x leverage? What was the result? A small market shake, I went from "leek" to "leek juice"! Now, for leverage exceeding 10x, I firmly say: No appointment, uncle, we don't make an appointment!
3. "Brainstorming" of staying up late to watch the market
Staying up late to watch the market, placing orders drowsily, what was the result? I lost everything! Friends, don't take risks when you are not sober! Remember: a sober mind can make sober money!
4. The "stubborn aesthetics" of holding on to losing orders
I once naively thought that as long as I didn't sell, I wouldn't lose money. What happened? The more I held on, the more I lost, and finally I was forced out of the market. Learn to stop losses in time, this is a lesson learned with real money!Remember: cutting meat is not scary, what is scary is that you don’t know when to cut!
$ETH #加密市场反弹

I just closed a new trade! Copy my portfolio with one click 👇

I just closed a new trade! Copy my portfolio with one click 👇

I just closed a new trade! Copy my portfolio with one click 👇

I just closed a new trade! Copy my portfolio with one click 👇

I just closed a new trade! Copy my portfolio with one click 👇

I just closed a new trade! Copy my portfolio with one click 👇

I just closed a new trade! Copy my portfolio with one click 👇

This wave of predictions is too accurate, but we are all ordinary people. We don’t want to be the prediction god. Just make a little money.
In fact, you need to keep watching the market. The predicted time period of Ethereum’s rise has been advanced to four o’clock, but it doesn’t matter. Keep paying attention to the market. When the reversal signal comes, immediately close the short position and switch to the long position. The next second it will rise...
$ETH #以太坊ETF批准预期