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Day3
$ETH Today is another day of doing the main contract, just like dog shit, a smooth day of trading.
Since the morning, I have been trading contracts, and so far, I have opened more than a dozen orders with a very high frequency and not small positions.
The maximum loss was 600u, in the evening I shorted Ethereum and recovered a bit, but still lost around 160.
Today during the day, I kept making long positions, I bought alch at 0.04358, stopped out at 0.04270, and it peaked at 0.051, an increase of about 17%.
I bought wifi at 0.5738, stopped out at 0.5679, with a maximum increase of 10%.
I bought ena at 0.38
I bought tao at 288
I bought trump at 13.14
In any case, if I had held onto one of them, I could have easily made several hundred u today. But the above long positions mostly ended in losses.
To summarize the reasons, my position size is still too large for my current mindset. Today I opened all positions at 1wu, not increasing positions but only stopping losses, and tomorrow I will uniformly reduce the altcoin positions to 5000u.
Today, I only opened three positions; originally, two positions had already met their targets, but in the evening, Ethereum's position was too suitable for shorting, so I took a short position.
The compounded returns over three days far exceed the target of 3%, mainly because last night I bottom-fished Ethereum with a small position (still at 1x leverage), and before sleeping, I made a profit of 35u.
Finally, to conclude: Currently, it seems that a small position or very low leverage is still a very good strategy; fast is slow.
From my perspective, I can see the larger trend quite accurately, but I lack patience in holding positions. Contracts ultimately are a market of small bets against large ones, and I should pursue high multiples of gains rather than large positions with small multiples of gains.
In this respect, there are many big players in the plaza and groups that are worth learning from.
Statement: The trading account is not meant to attract others to follow, but the main purpose is to change my own trading habits and to see if small contract positions are really feasible. Theoretically, making 1% daily for 365 days can yield 37.78 times the initial investment. I want to see how long I can persist.
$ETH Today is another day of doing the main contract, just like dog shit, a smooth day of trading.
Since the morning, I have been trading contracts, and so far, I have opened more than a dozen orders with a very high frequency and not small positions.
The maximum loss was 600u, in the evening I shorted Ethereum and recovered a bit, but still lost around 160.
Today during the day, I kept making long positions, I bought alch at 0.04358, stopped out at 0.04270, and it peaked at 0.051, an increase of about 17%.
I bought wifi at 0.5738, stopped out at 0.5679, with a maximum increase of 10%.
I bought ena at 0.38
I bought tao at 288
I bought trump at 13.14
In any case, if I had held onto one of them, I could have easily made several hundred u today. But the above long positions mostly ended in losses.
To summarize the reasons, my position size is still too large for my current mindset. Today I opened all positions at 1wu, not increasing positions but only stopping losses, and tomorrow I will uniformly reduce the altcoin positions to 5000u.
Today, I only opened three positions; originally, two positions had already met their targets, but in the evening, Ethereum's position was too suitable for shorting, so I took a short position.
The compounded returns over three days far exceed the target of 3%, mainly because last night I bottom-fished Ethereum with a small position (still at 1x leverage), and before sleeping, I made a profit of 35u.
Finally, to conclude: Currently, it seems that a small position or very low leverage is still a very good strategy; fast is slow.
From my perspective, I can see the larger trend quite accurately, but I lack patience in holding positions. Contracts ultimately are a market of small bets against large ones, and I should pursue high multiples of gains rather than large positions with small multiples of gains.
In this respect, there are many big players in the plaza and groups that are worth learning from.
Statement: The trading account is not meant to attract others to follow, but the main purpose is to change my own trading habits and to see if small contract positions are really feasible. Theoretically, making 1% daily for 365 days can yield 37.78 times the initial investment. I want to see how long I can persist.
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Day2
Damn it, that idiot Trump, the day before yesterday he made me face liquidation, last night I was a victim of the crash again, it can really fall.
Ethereum is also weak as hell, went long this morning, had a maximum profit of 2000 but didn't take it, just secured the capital. Damn it.
The account for following trades only opened one position today: $ETH .
Opened a position of 1000 around 2132 at a little past 5 AM.
After the morning waterfall, I added to my position again with 1000 around 2053,
which raised the average price to 2091. I originally wanted to sell at 2122, held it for a day, then I thought, since I said I would only make 1%, then 2111 is also close enough, just closed the position.
The account for following trades executed very well today, small position, 1x leverage, only opened one trade, and the subsequent addition was only 2x leverage.
As for my own contract account, I can only say it was a complete mess.
Last night before sleeping, I went long on Neiro and Saga, woke up and saw a loss of 2500U, I was stunned. Damn Trump.
I could only helplessly cut my losses.
Later at 6 o'clock, I opened a position of 10,000 in Ethereum at a cost of 2129, originally at 2170 I was up 1900, it fell back to 2160 and still had about 1500 left, I didn't take the profit and watched it fall back to secure my capital.
I'm fed up.
During the day, I again couldn't control myself and opened a long position of 14,000 in Ethereum, losing 1000U.
I said I wouldn't open large positions, but I still couldn't control my hand.
Summary: The account for following trades executed very well (because of small positions and small targets).
The contract account is still a piece of crap (heavy positions, emotional trading).
Disclaimer: The account for following trades is not meant to attract people to follow, the main goal is to change my own trading habits, and to see if small position contracts are really feasible; theoretically, 1% a day for 365 days can turn into 37.78 times. I want to see how long I can stick to it.
I won't let go of the losses; it's making me anxious to see.
Damn Trump.
Damn it, that idiot Trump, the day before yesterday he made me face liquidation, last night I was a victim of the crash again, it can really fall.
Ethereum is also weak as hell, went long this morning, had a maximum profit of 2000 but didn't take it, just secured the capital. Damn it.
The account for following trades only opened one position today: $ETH .
Opened a position of 1000 around 2132 at a little past 5 AM.
After the morning waterfall, I added to my position again with 1000 around 2053,
which raised the average price to 2091. I originally wanted to sell at 2122, held it for a day, then I thought, since I said I would only make 1%, then 2111 is also close enough, just closed the position.
The account for following trades executed very well today, small position, 1x leverage, only opened one trade, and the subsequent addition was only 2x leverage.
As for my own contract account, I can only say it was a complete mess.
Last night before sleeping, I went long on Neiro and Saga, woke up and saw a loss of 2500U, I was stunned. Damn Trump.
I could only helplessly cut my losses.
Later at 6 o'clock, I opened a position of 10,000 in Ethereum at a cost of 2129, originally at 2170 I was up 1900, it fell back to 2160 and still had about 1500 left, I didn't take the profit and watched it fall back to secure my capital.
I'm fed up.
During the day, I again couldn't control myself and opened a long position of 14,000 in Ethereum, losing 1000U.
I said I wouldn't open large positions, but I still couldn't control my hand.
Summary: The account for following trades executed very well (because of small positions and small targets).
The contract account is still a piece of crap (heavy positions, emotional trading).
Disclaimer: The account for following trades is not meant to attract people to follow, the main goal is to change my own trading habits, and to see if small position contracts are really feasible; theoretically, 1% a day for 365 days can turn into 37.78 times. I want to see how long I can stick to it.
I won't let go of the losses; it's making me anxious to see.
Damn Trump.
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Recently I've become more and more impatient.
I fell into a vicious cycle: the more I lose, the more anxious I become to make back the losses; the more anxious I become to make back the losses, the more I lose.
It's a deadlock.
Last night, I got wrecked by Ethereum and Bitcoin, and I didn't even have time to stop-loss and close my positions.
It's so painful, so painful.
I've made up my mind to adjust my state well.
I'll set aside 1000 USDT for a copy trading account.
I aim to achieve the following goals:
1. Earn only 1% per day.
2. Only use 1x leverage, at most no more than 3x.
3. Only open one trade per day.
I'll start with small amounts and gradually try it out, adjusting my state and trading rhythm.
Recently, I've been hit hard by both bulls and bears; I've become numb.
Below is my self-recorded part:
Day 1
I traded 6 times today and achieved the 1% target.
Reflection: 1. I opened too many trades impulsively, and I didn't prepare adequately before opening positions, which led me to want to escape as soon as I had floating losses or gains, wasting a lot of time and energy. It would have been better to stay in cash and wait for opportunities.
2. Although I achieved the 1% target, it was still a failed trade; I shouldn't have entered with such a volatile coin like IP, and I shouldn't have entered during Ethereum's sideways movement. I was optimistic about short-term rises for Popcat and WIF, but after opening positions, I hesitated due to the price not meeting expectations in a short time, leading to random take profits and stop losses. Zere and ALCH made some profit, but I didn't think through the stop-loss points, and I opened positions impulsively, resulting in only a small gain. Especially for ALCH, I entered a short at 0.7 with a 12% drop but only captured 1.5%. Originally, one trade could have achieved the target and reduced risk, but it forced me to increase risk by opening another trade.
Summary: Target achieved, but execution was extremely poor.
I fell into a vicious cycle: the more I lose, the more anxious I become to make back the losses; the more anxious I become to make back the losses, the more I lose.
It's a deadlock.
Last night, I got wrecked by Ethereum and Bitcoin, and I didn't even have time to stop-loss and close my positions.
It's so painful, so painful.
I've made up my mind to adjust my state well.
I'll set aside 1000 USDT for a copy trading account.
I aim to achieve the following goals:
1. Earn only 1% per day.
2. Only use 1x leverage, at most no more than 3x.
3. Only open one trade per day.
I'll start with small amounts and gradually try it out, adjusting my state and trading rhythm.
Recently, I've been hit hard by both bulls and bears; I've become numb.
Below is my self-recorded part:
Day 1
I traded 6 times today and achieved the 1% target.
Reflection: 1. I opened too many trades impulsively, and I didn't prepare adequately before opening positions, which led me to want to escape as soon as I had floating losses or gains, wasting a lot of time and energy. It would have been better to stay in cash and wait for opportunities.
2. Although I achieved the 1% target, it was still a failed trade; I shouldn't have entered with such a volatile coin like IP, and I shouldn't have entered during Ethereum's sideways movement. I was optimistic about short-term rises for Popcat and WIF, but after opening positions, I hesitated due to the price not meeting expectations in a short time, leading to random take profits and stop losses. Zere and ALCH made some profit, but I didn't think through the stop-loss points, and I opened positions impulsively, resulting in only a small gain. Especially for ALCH, I entered a short at 0.7 with a 12% drop but only captured 1.5%. Originally, one trade could have achieved the target and reduced risk, but it forced me to increase risk by opening another trade.
Summary: Target achieved, but execution was extremely poor.
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$ETH was crazy, what kind of luck is this, 2217 chasing the empty, and in less than 0.1s after going short, it immediately skyrocketed?
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$BTC
I envy those teachers who brag about photoshopping in the square. They make steady profits every day
The 125x leverage of the big pie can only open a maximum position of 50,000 yuan, but he opened a position of 500,000 yuan.
He can easily make 8,000 yuan with one order
I am so envious that I cry.
Take me with you
I envy those teachers who brag about photoshopping in the square. They make steady profits every day
The 125x leverage of the big pie can only open a maximum position of 50,000 yuan, but he opened a position of 500,000 yuan.
He can easily make 8,000 yuan with one order
I am so envious that I cry.
Take me with you
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$KAITO truly deserves it, every day I can take a coin from a decline to the gain list
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#事件合约纯赌博
If you play event contracts, why not invest the same amount directly into playing the knockoffs?
If you play event contracts, why not invest the same amount directly into playing the knockoffs?
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$IP Keep it up, the higher it goes, the greater the potential for a drop later. Once the hype passes, it will definitely empty out.
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Spicy Tiao is really shit $LTC
Yesterday, when the big cake fell, it rebounded quickly, and I thought it was very strong. As a result, I bought more. It caught up with the short-term falling channel. When the big cake was not moving, this dog fell faster than the coin big cake. I had to stop loss at 123.5.
As a result, shit is shit, it doesn't follow the routine at all
I thought it was no longer good, but the big cake was still falling, and it suddenly hardened again.
Damn, it didn't harden when it should be hard, but it hardened after losing money.
Did the dog dealer target my little melons and two dates?
I give up
Yesterday, when the big cake fell, it rebounded quickly, and I thought it was very strong. As a result, I bought more. It caught up with the short-term falling channel. When the big cake was not moving, this dog fell faster than the coin big cake. I had to stop loss at 123.5.
As a result, shit is shit, it doesn't follow the routine at all
I thought it was no longer good, but the big cake was still falling, and it suddenly hardened again.
Damn, it didn't harden when it should be hard, but it hardened after losing money.
Did the dog dealer target my little melons and two dates?
I give up
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Self-Reflection ~ On Event Contracts
#事件合约 It's been almost a year since I entered the crypto world.
I've made money and lost money; currently, I'm in a losing state.
Looking back, over 90% of the previous large losses were due to heavy positions; if the positions had been lighter, there would have been basically no issues.
So later I learned to take lighter positions and to cut losses.
Although sometimes the trend reverses after cutting losses, losses still need to be taken.
I've been a bit obsessed with event contracts in the past few days.
After losing, I always want to double down to recover
Surprisingly, I've also lost 2,500 USDT bit by bit
Converted to RMB, it's almost 20,000
Suddenly awakened while staring at the market
Event contracts are indeed gambling
I've made money and lost money; currently, I'm in a losing state.
Looking back, over 90% of the previous large losses were due to heavy positions; if the positions had been lighter, there would have been basically no issues.
So later I learned to take lighter positions and to cut losses.
Although sometimes the trend reverses after cutting losses, losses still need to be taken.
I've been a bit obsessed with event contracts in the past few days.
After losing, I always want to double down to recover
Surprisingly, I've also lost 2,500 USDT bit by bit
Converted to RMB, it's almost 20,000
Suddenly awakened while staring at the market
Event contracts are indeed gambling
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Good Luck
Quoted content has been removed
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My #事件合约纯赌博 , come and see what it means to be on a roll.
Damn, I almost lost everything yesterday. Within the interval, I lost 7 times in a row twice, the first time 250 each round. The second time was a mix of 100 + 250 losses, you can do the math yourself, brothers.
Really, brothers, don't play before bed.
It's best not to play at all.
It's pure gambling.
Before being on a roll, I knew to wait for opportunities, observe trends,
find points, and enter slowly.
Once on a roll, nothing else matters.
It's all in.
It's just pushing.
Lose 4 times, you need to win 5 times to break even.
If you want to make money, you need a win rate of 60% or higher.
For those who want to play, think carefully.
Damn, I almost lost everything yesterday. Within the interval, I lost 7 times in a row twice, the first time 250 each round. The second time was a mix of 100 + 250 losses, you can do the math yourself, brothers.
Really, brothers, don't play before bed.
It's best not to play at all.
It's pure gambling.
Before being on a roll, I knew to wait for opportunities, observe trends,
find points, and enter slowly.
Once on a roll, nothing else matters.
It's all in.
It's just pushing.
Lose 4 times, you need to win 5 times to break even.
If you want to make money, you need a win rate of 60% or higher.
For those who want to play, think carefully.
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Remember
In these two years, it's not just the big shots in the cryptocurrency world who have been taking their bows one by one. The big names around me have also started to decline one after another. From being worth tens of millions, they have slowly become invisible. Sometimes I wonder whether it was the times that created their past success, or if these last couple of years have indeed been hellishly difficult. I think it’s a bit of both, right? Previously, when any industry wasn't saturated, what was needed was courage and guts. A bit of hard work plus a bit of luck could lead to success. However, the methods that once made you money could also be the ones that have rapidly wiped out your assets in these last two years. This so-called courage and guts—big investments, blind expansion—now only lead to bankruptcy instead of getting rich quick. Yesterday, I was discussing with a friend who can hold onto wealth better: those who gradually become rich or those who get rich overnight. People who get rich overnight are easily blinded by confidence and more likely to leverage all their investments, and even a couple of mistakes can wipe them out completely. But those who gradually become wealthy not only need to be exceptionally stable, but they also need to have a particularly good mindset, not letting the myths of others' sudden wealth affect them. Just like those who have been hoarding Bitcoin for a long time, they won't feel compelled to gamble on altcoins just because they are rising; even if they do, it will be with small amounts. Unlike most retail investors who think Bitcoin is expensive and has low growth, they are often lured by so-called high-multiple altcoins, throwing all their money into altcoins in a delusion of getting rich overnight. The result is a continuous cycle of being harvested.
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Randomly predicting a wave $BTC
$ETH
$SOL
If there is a further decline, the next major support level might be reached, I see Bitcoin at 92135, Ethereum at 2727, and Solana at 176.
I said this is a random prediction.
By the way, it indicates I guessed correctly.
If wrong, it should be expected.
However, I will set a few long orders at this level to try.
This does not constitute any investment advice, nor does it mean that Bitcoin will definitely decline next; it simply means that if there is a significant drop, the above positions are very safe and are likely to be reached and rebound.
$ETH
$SOL
If there is a further decline, the next major support level might be reached, I see Bitcoin at 92135, Ethereum at 2727, and Solana at 176.
I said this is a random prediction.
By the way, it indicates I guessed correctly.
If wrong, it should be expected.
However, I will set a few long orders at this level to try.
This does not constitute any investment advice, nor does it mean that Bitcoin will definitely decline next; it simply means that if there is a significant drop, the above positions are very safe and are likely to be reached and rebound.
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The short position of $BTC has been closed, held for two days, and the profit decreased from 2500 points to 500 points. It just won't go down.
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