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不定期分享对大饼以太行情走势的看法,也在不断学习思考以优化自己的交易系统。欢迎大家共同交流学习,不断成长,祝愿大家在本轮牛市都能拿到自己理想的收益。
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Trading mentality (Part 2)Today's market fluctuations are still relatively large. Taking advantage of today's big drop, let's discuss a very important thing in trading mentality - stop loss. I believe that traders who have not undergone systematic training are most likely to hate stop loss. Even if we always talk about stop loss, and perhaps always persuade others to do a good job of stop loss, the fact is that most traders can't press the stop loss button with their trembling hands in the current market, and what happens next is likely to follow Murphy's Law.

Trading mentality (Part 2)

Today's market fluctuations are still relatively large. Taking advantage of today's big drop, let's discuss a very important thing in trading mentality - stop loss.
I believe that traders who have not undergone systematic training are most likely to hate stop loss. Even if we always talk about stop loss, and perhaps always persuade others to do a good job of stop loss, the fact is that most traders can't press the stop loss button with their trembling hands in the current market, and what happens next is likely to follow Murphy's Law.
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Trading mentality (Part 1)Humans are animals dominated by emotions, which is human nature, but it is a taboo in trading. We often hear some experienced traders say that they should analyze the market from the opposite side of emotions, which also explains why trading is an anti-human operation. Why do inexperienced traders always lose control of chasing ups and downs? The reason is that they follow the emotional judgment in daily life, but they don’t know that the trading market follows another set of thinking logic. There is a saying: No one is born a waste, there is only gold that is placed in the wrong place. So every set of thinking logic is useful, but it needs to be flexible in different scenarios.

Trading mentality (Part 1)

Humans are animals dominated by emotions, which is human nature, but it is a taboo in trading. We often hear some experienced traders say that they should analyze the market from the opposite side of emotions, which also explains why trading is an anti-human operation.
Why do inexperienced traders always lose control of chasing ups and downs? The reason is that they follow the emotional judgment in daily life, but they don’t know that the trading market follows another set of thinking logic. There is a saying: No one is born a waste, there is only gold that is placed in the wrong place. So every set of thinking logic is useful, but it needs to be flexible in different scenarios.
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With this trend, the name of dog dealer is really worthy of its name. I closed my long position first. The current trend is more in line with the low-probability situation we analyzed yesterday. 🙃🙃 I feel that Murphy's Law in the currency circle is quite suitable. What is likely to happen will definitely happen. 😄😄 I will post a detailed analysis later. $BTC $ETH
With this trend, the name of dog dealer is really worthy of its name.
I closed my long position first. The current trend is more in line with the low-probability situation we analyzed yesterday. 🙃🙃
I feel that Murphy's Law in the currency circle is quite suitable. What is likely to happen will definitely happen. 😄😄
I will post a detailed analysis later.
$BTC $ETH
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Just now, the pin drop below 667 doesn't count; what we want is for the 1-hour K-line body to close below 667. What just happened was just a pump by the dog fund. From now on, any mention of an effective breakout or breakdown means at least the closing price is on one side of the key point, rather than looking at the lowest and highest prices. $BTC {future}(BTCUSDT)
Just now, the pin drop below 667 doesn't count; what we want is for the 1-hour K-line body to close below 667. What just happened was just a pump by the dog fund.
From now on, any mention of an effective breakout or breakdown means at least the closing price is on one side of the key point, rather than looking at the lowest and highest prices.
$BTC
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Let's talk about low probability events. From the information observed on the current market, the drop from 695 to 652 should be a 1-hour level decline. However, just in case, we will set the stop loss at 667. This is the lower edge of the 1-hour center. We analyzed this in the previous article; if it breaks below this price level, then the implications of the market will be different, meaning the probability of the 1-hour center becoming a continuation of the decline is very high. So we'll first close our position at 667, and if it continues to rise afterwards, we can pause for a bottom formation or re-enter upon validating the formation. If it really turns into a 4-hour level decline, we can also avoid nearly a 3000-point drop and re-enter at the support below. Please note, if this is a 4-hour level pullback, it means we are given another opportunity to take a long position for the long term. If your long position opening price is below 64000, my suggestion is to hold the position and set the stop loss at 64000. $BTC {spot}(BTCUSDT)
Let's talk about low probability events. From the information observed on the current market, the drop from 695 to 652 should be a 1-hour level decline. However, just in case, we will set the stop loss at 667. This is the lower edge of the 1-hour center. We analyzed this in the previous article; if it breaks below this price level, then the implications of the market will be different, meaning the probability of the 1-hour center becoming a continuation of the decline is very high. So we'll first close our position at 667, and if it continues to rise afterwards, we can pause for a bottom formation or re-enter upon validating the formation. If it really turns into a 4-hour level decline, we can also avoid nearly a 3000-point drop and re-enter at the support below.
Please note, if this is a 4-hour level pullback, it means we are given another opportunity to take a long position for the long term. If your long position opening price is below 64000, my suggestion is to hold the position and set the stop loss at 64000.
$BTC
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We have stepped into the second possibility we discussed last night, which is the form I want. So now the operation is very simple, just wait for the end of this 15min decline and then enter a long position. 😜😜 This position could also be a bottom, but I am more optimistic about the lower range of 673~674. 😋😋 $BTC {future}(BTCUSDT)
We have stepped into the second possibility we discussed last night, which is the form I want. So now the operation is very simple, just wait for the end of this 15min decline and then enter a long position. 😜😜
This position could also be a bottom, but I am more optimistic about the lower range of 673~674. 😋😋
$BTC
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Change it to take profit if the remaining half warehouse falls below 667. Reason: This 4h downtrend ends from 695 to 652, and now it is experiencing a 1h level rebound. After reaching 695, there are actually two possible trends: one is a 4h decline for a while, and the other is a 4h pullback. How it proceeds next hinges on the key point of the 1h central axis here. If 695–652 is just a pullback, and it continues to rise afterwards, normally, 667 should not be broken, or to be more lenient, the lower bound of the 1h central axis should not be broken; then the probability of continuing to catch another 4 uptrend will be very high. If 667 is broken, it indicates insufficient upward momentum, and the likelihood of this 1h central axis becoming a continuation of the downtrend is very high. To put it bluntly, the 4h level of 652 is not a bottom. Therefore, we can set the take profit at 667; if it is not triggered, it indicates that 68 is not a top; if triggered, it indicates that 652 is very likely not a bottom. $BTC {future}(BTCUSDT)
Change it to take profit if the remaining half warehouse falls below 667.
Reason: This 4h downtrend ends from 695 to 652, and now it is experiencing a 1h level rebound. After reaching 695, there are actually two possible trends: one is a 4h decline for a while, and the other is a 4h pullback. How it proceeds next hinges on the key point of the 1h central axis here. If 695–652 is just a pullback, and it continues to rise afterwards, normally, 667 should not be broken, or to be more lenient, the lower bound of the 1h central axis should not be broken; then the probability of continuing to catch another 4 uptrend will be very high. If 667 is broken, it indicates insufficient upward momentum, and the likelihood of this 1h central axis becoming a continuation of the downtrend is very high. To put it bluntly, the 4h level of 652 is not a bottom. Therefore, we can set the take profit at 667; if it is not triggered, it indicates that 68 is not a top; if triggered, it indicates that 652 is very likely not a bottom.
$BTC
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Last night's pancake bottoming part, took profit on half after dropping below 67000, remaining position set to break even. If it doesn't drop below 67000, close all positions above 68000 (only for the positions opened last night, long-term buy orders remain unchanged).😜😝 $BTC {future}(BTCUSDT)
Last night's pancake bottoming part, took profit on half after dropping below 67000, remaining position set to break even.
If it doesn't drop below 67000, close all positions above 68000 (only for the positions opened last night, long-term buy orders remain unchanged).😜😝
$BTC
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If all goes well, the official rise starts tonight 😜😜 For those who need to increase their positions, now is the time 😋😋 $BTC $ETH
If all goes well, the official rise starts tonight 😜😜
For those who need to increase their positions, now is the time 😋😋
$BTC $ETH
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Will there be a direction tomorrow? So exciting😝😝 In the past two days, we have observed a large inflow of ETFs. Please note that this is not a good phenomenon. This is a foreshadowing of a future plunge🤔🤔 $BTC $ETH
Will there be a direction tomorrow? So exciting😝😝
In the past two days, we have observed a large inflow of ETFs. Please note that this is not a good phenomenon. This is a foreshadowing of a future plunge🤔🤔
$BTC $ETH
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No matter what, I will increase my position in Ethereum first and take the initiative to ask for a hedge😝😝 The main reason is that I am not sure when Ethereum will rebound. Once it rebounds, it may not fall to this level in the future. That's it😋😋 $ETH {future}(ETHUSDT)
No matter what, I will increase my position in Ethereum first and take the initiative to ask for a hedge😝😝
The main reason is that I am not sure when Ethereum will rebound. Once it rebounds, it may not fall to this level in the future.
That's it😋😋
$ETH
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Ethereum is still weak, and it is estimated that it will have to wait until the 4-hour rise of Bitcoin. Then wait patiently for Bitcoin to reach its destination. Bitcoin's 1h-level center here is still very solid. First, it completes the turnover by falling sideways, opening up space for the subsequent rise, and second, it provides a support platform for the subsequent callback. After the subsequent 4-hour rise ends, the callback position will also be based on this center. It is roughly 66-67. $BTC $ETH
Ethereum is still weak, and it is estimated that it will have to wait until the 4-hour rise of Bitcoin. Then wait patiently for Bitcoin to reach its destination.
Bitcoin's 1h-level center here is still very solid. First, it completes the turnover by falling sideways, opening up space for the subsequent rise, and second, it provides a support platform for the subsequent callback.
After the subsequent 4-hour rise ends, the callback position will also be based on this center. It is roughly 66-67.
$BTC $ETH
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The big cake has broken a new high! If it can close at this position tomorrow, then we will see 7 or more immediately. This is not the point. The focus now is on Ethereum. Pay attention to whether Ethereum can make up for the rise in this wave of big cake. If it can, then our long orders of Ethereum will be very happy; if it cannot make up for the rise, we will increase our long orders of Ethereum after the big cake stagflation correction! Please fasten your seat belts, sit tight and hold on, waiting for takeoff🛫🛫🛫 $BTC $ETH {spot}(ETHUSDT) {spot}(BTCUSDT)
The big cake has broken a new high! If it can close at this position tomorrow, then we will see 7 or more immediately. This is not the point. The focus now is on Ethereum. Pay attention to whether Ethereum can make up for the rise in this wave of big cake. If it can, then our long orders of Ethereum will be very happy; if it cannot make up for the rise, we will increase our long orders of Ethereum after the big cake stagflation correction!
Please fasten your seat belts, sit tight and hold on, waiting for takeoff🛫🛫🛫
$BTC $ETH
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I deeply suspect that the dog dealer has obsessive-compulsive disorder! Look at the point of each pin insertion, how perfect and artistic. 😂😂😂 What can I say! 666666666666 $BTC
I deeply suspect that the dog dealer has obsessive-compulsive disorder! Look at the point of each pin insertion, how perfect and artistic. 😂😂😂
What can I say! 666666666666
$BTC
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Run away from the short position first, the 5-minute level has reached the bottom, and I feel that the probability of a sideways decline is very high. $BTC $ETH
Run away from the short position first, the 5-minute level has reached the bottom, and I feel that the probability of a sideways decline is very high.
$BTC $ETH
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The price of Bitcoin is very strong. If 62-684 is a single transaction, I think a 50% correction is reasonable, and there is also a 15-minute central support. What we need to be wary of now is the fall in the form of horizontal movement, just like the correction after the rise of 589-634, which continued to rise before reaching 0.618. The time is almost up, and if it still doesn't fall tonight, short orders can no longer be held. Short orders that do not want to stop profit should all be placed to protect principal and loss. Remember to bring ether when opening orders later. $BTC $ETH
The price of Bitcoin is very strong. If 62-684 is a single transaction, I think a 50% correction is reasonable, and there is also a 15-minute central support.
What we need to be wary of now is the fall in the form of horizontal movement, just like the correction after the rise of 589-634, which continued to rise before reaching 0.618. The time is almost up, and if it still doesn't fall tonight, short orders can no longer be held. Short orders that do not want to stop profit should all be placed to protect principal and loss.
Remember to bring ether when opening orders later.
$BTC $ETH
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The big cake is shorted, look at the position of 647 last night. You should be cautious when shorting at this time, and stop loss immediately if the situation is not right. I like this feeling of taking advantage of the situation🤪🤪 $BTC
The big cake is shorted, look at the position of 647 last night.
You should be cautious when shorting at this time, and stop loss immediately if the situation is not right.
I like this feeling of taking advantage of the situation🤪🤪
$BTC
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Change the name hehe 😋😋
Change the name hehe 😋😋
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