It has started to recover. As I said before, I need to survive in the cryptocurrency circle before I can make a fortune. I will try to increase my account to 200,000 yuan with a big rise. The previous strategy also had problems. I did not reduce my position in time near the big pressure point, thinking that the price would rise again after a correction, which led to a serious withdrawal of funds. Because the price dropped due to full position, I knew I could buy in, but I did not have extra funds. Although I could increase my position in the currency standard, I was worried that the 1% possibility would continue to fall, causing the original profitable position to stop loss, so I did not dare to increase my position in the currency standard. In the later stage, near the big pressure point, I must observe in time. If I cannot break through and there are signs of a break in the rise, I will leave the market first or leave the half position to observe!

A pullback of over 40,000 is still quite severe. Fortunately, the opening price is low, leverage is low, and it's just a profit withdrawal; the position is unprotected. Bull markets often experience sharp declines, and this feels like a bull market. Most coins have a pullback of 20-30% from the peak to the lowest point. In the short term, there should be no risk, at most it will test the bottom again. Be patient and wait for the next wave of increase, aiming for the next account to reach 200,000.

It's been a long time since the last update, for two reasons: first, my baby was born in May, and I've been extremely busy. Second, I haven't managed my positions well; I didn't set stop losses properly, thinking that since it's a bull market, I could handle a three times leverage drop. While I was busy taking care of my baby, I didn't pay attention, and as a result, I got liquidated. I bought some altcoins, and I was surprised that the market could cut my investments in half.
After the liquidation, coupled with taking care of my baby, I just didn't have the time or mood to manage my account. By July, my funds were basically halved again, from 200,000 to 140,000. The losses from the liquidation and altcoin investments were severe, and I ended up back at over 40,000.
Fortunately, the OM I bought later surged, and it was the only thing keeping my account from going to zero. Although I sold it at a loss, I gradually sold off my holdings from 1.8 to 3.
After selling OM, I started operating again, and I'm close to returning to the previous highs. Although I’m an old investor, I constantly remind myself and others to set good stop losses, yet I still made the same mistake again. The biggest opponent in trading is really oneself.
This time, the trading failure has been a new baptism for me, giving me new insights into my mindset and trading strategies.
Moving forward, I will set sail again; I will encounter storms, but hopefully, I can ride the waves and reach the shore soon!

On April 9, the account funds reached 140,000, and on March 26, the account funds were 120,000. The lowest retracement during the period was 100,000. Some details were not handled properly, and some positions were entered in a hurry. The entry position of some positions was relatively high, which made it passive later and unable to get a satisfactory profit margin.

Many traders are often confused as to why the market always reverses immediately after they stop losses? This is because the market group is often shrouded in the same dark cloud called fear, and everyone sells their positions together. After the shorts are gone, the market has no choice but to rise. At this time, the bulls return to the market, and the group forgets the previous fear again because of greed and enters a new round of buying frenzy.
---- "Trading for a Living 2"

When most traders leave their original platforms and start risking their own money, they begin to be trapped in negative emotions such as fear, greed, excitement or panic, and rarely successfully trade their own accounts - this proves that mentality is the key to trading success or failure. Few traders working in large institutions can realize that their success comes from managers who do risk control for them. Going out on your own means managing your own trades - this will be discussed in detail in the following chapters - we need to focus on how to manage our own trades.
---- "Trading for a Living 2"

On March 26, to commemorate, the account funds finally exceeded 120,000 from 17,000, and it was 100,000 on March 4. The intervening 20-odd days were really disgusting. During this period, the price reached 120,000 immediately twice. As a result, the profit fell twice and all the profits were taken away.
To sum up, the main impact of profit taking is that the U-based contract wanted to roll the position, but it happened to be rolled twice. In the past 20 days, it plummeted twice. Although it was said that the original price was protected, the capital occupation fee No less deductions either. Considering each individual's personality and capital size, it is better to give up the method of rolling positions for the time being and use spot + contract staged take-profit to place orders.

After a long-lost plunge, the pin is back. Good thing. This is like a bull market. All contract profits have been protected. I am very calm and know that this moment will come sooner or later. It is not a big problem because I have my own logic of making money. It is nothing more than speed. Question, don’t panic if you are new to the market. The bull is still there. It is normal for the currency market to plummet by 20-30% in a day, and even a 50% correction is normal.

On March 4, to commemorate, the account finally reached 100,000. On February 27, the account funds were 80,000. The current market is really a money-making market. It is really a market where you can make money by buying with your eyes closed. Cherish the time when the market is enjoying the market, sit tight and wait patiently for your coins to explode! ! !
As mentioned before, I opened low-multiply mainstream currencies, one dot and one ltc, and waited patiently for them to reach the profit-taking point.

om I really didn’t expect this thing to break out. I entered the market in April 2021 with less than 0.35. At that time, the price dropped terribly, and the trading volume was also pitifully small. I thought it was going to return to zero, but I didn’t expect it to come back. Can get my entry price back! What a surprise!

BTC news has begun to appear frequently on Weibo and headlines. I remember that it was also a hot search at the beginning. All kinds of new leeks poured into the currency circle. After a period of rapid growth, the currency circle began to go downhill. Watching the hot searches continue, I feel... Feel. Mainstream coins and altcoins should not be far away from a big surge. I am a little excited. I look forward to a huge harvest this time and bringing my account balance to a higher level.
The currency circle is a place where small things lead to big things. Don’t use all your wealth to do it. If you can’t do it, just bring in 1 million and you will be used as fuel for others. If you can, you can make it bigger with a small amount. When your profit amount increases, there will be no problem with your trading logic and ideas, and your account amount will grow very quickly.
1 million is a watershed, and this is also my personal goal. If I can achieve it, later transactions will be very comfortable, and the speed of making money will be terrifyingly fast!
Under this marker, see how long it will take to achieve your goal.

It is estimated that many people woke up and found that the price had not changed but their positions were gone. They even said that they had received a liquidation text message in the middle of the night. The contract does not have a stop loss, and 3 times the leverage can be cleared for you. The contract you opened with U standard was originally profitable, but it was canceled when you woke up. Fortunately, the loss was not big. Does not affect the overall situation. It is not trivial to play contracts in the bull market. You can win 100 times, but as long as you lose once, you have to start all over again.

To commemorate it, the account funds have reached 80,000. The account has almost quadrupled, the contract orders have been settled, and I basically have all the cash in hand. The market is always there for you, so wait patiently for the correction, look for opportunities to buy low-multiple contract orders, and then get into it. This year, your goal is to increase your existing account by 5 times. Let’s see how long it takes to achieve it.

The initial capital account was almost 20,000. The account capital on February 13th was 60,000. The current account capital on February 25th was almost 73,000. The short-term goal is to reach 100,000 first!
In the past few years, I have experienced huge surges in the currency industry, witnessed the tragic crashes, enjoyed huge profits brought by high leverage, and experienced the discomfort of being liquidated overnight.
I once held a currency and opened a contract. I couldn't sleep all night. I woke up early in the morning, thinking about the order all the time. I always fantasized about getting rich overnight. Financial freedom caused a nervous breakdown during that period.
After two or three years of accumulation, I now add low-multiply contracts to spot prices, and slowly and gradually gain success in this market to see if my original fantasy can be realized!

Finally you are here! ! ! I held the uni low-multiply contract for two months and persisted, accepting profit taking but not closing the position.

To commemorate, it took three months for the 20,000 yuan to triple. In the middle, a low-multiply position was blown once. Fortunately, the position was not large and it did not affect the overall situation. Keep developing slowly and see how far you can go.

The position has been held, patiently waiting for the psychologically predicted point to be reached, and a coin that has the potential to double is discovered. For those that start with u, I am thinking of falling back a little, pulling a low leverage, and giving it a try to see if it gives me a chance.

I just said in the afternoon that this wave of market was over and I expected my account to grow from 20,000 to 30,000. I didn’t expect this wave of market to come so quickly. The only regret is that I did not roll up the position. Now I am waiting for the target point. When it is time to close the position, I will hold the spot and wait patiently for the next time I think it is a suitable point to enter the market.
80% or even 90% of the time in the currency circle is garbage time, going back and forth, pulling and pulling. So be patient and wait for the opportunity. Have your own ability to analyze and judge. Most of this ability requires paying enough tuition in the market. Those with good understanding will have fewer points, and those with poor understanding will have more points. Those with poor understanding will basically fall into it and become leeks harvested by others. Yes, the currency circle does not create wealth, it only transfers wealth.

The current account number of 20,000 is 26,000. Currently, eth has received about 2,200, and there are some other contracts. It is expected that the account will reach 30,000 in this wave.
Reflection: There are still some problems in the operation. I did not continue to roll up the position. I added a position once in the middle. I hesitated several times when I had the opportunity to add a position, and finally missed the position. I am still worried about profit retracement. There are certain problems with this mentality. The position is not a full position, and the principal is small. There is no profit after rolling the position ten times. It is still worthwhile to exchange for a larger profit.