LaughingDaysYsxdct

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I struggled internally all day, my brain was overheating and I still couldn't figure it out; and not being able to understand is actually the norm in trading. In the end, it all comes down to one word: "gambling." So the only way is to let profits be your cushion and strengthen your resolve. Follow the major trend, counter the minor trends, and don't let possibilities that haven't happened yet interfere with your thinking.
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Found the answer.
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After my left and right brain battled each other all day, my mind was practically burning but I still couldn't figure it out; and the truth is, not understanding is actually the norm in trading.
In the end, it all comes down to one word: "gambling."
So all I have is profits as a cushion, and a strong gambling spirit.
Follow the major trend, counter the minor trend, don't let possibilities that haven't happened yet interfere with your thinking.
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Silver is harder than expected; this wave of decline hasn't even broken the previous low. So I'm leaving here. It's possible the decline is over, or it's possible it's not finished yet—this is uncertain. But what I can confirm is that if the bearish sentiment is too strong, it can easily become fuel for a short squeeze.
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In the past, when Bitcoin weakened and Ethereum tried to stay strong, the typical outcome was that the big brother would drag the second brother down and give him a beating;
Now it's US stocks weakening, and crypto trying to stay strong, which feels very familiar;
But I didn't quite understand that pin on the US stock 1H close, can any US stock experts give me some explanation?
BTC0.88%
ETH0.66%
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Bitcoin is now in a typical shit-show market. With such choppy fluctuations, it's not worth committing too much money and energy. So my current stance on Bitcoin is: if I can make some money, great; if I can't, so be it. I didn't even catch much of that smooth downtrend from 126k to 60k, so why fantasize about riding the entire move from 70k down to 40k or 30k?
BTC0.88%
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BTC is really hard, US stocks and gold are getting slaughtered, and it's actually trying to turn green; come see if it's truly hard or just faking it.
BTC0.88%
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#SPX
1. Structurally broke to a new low;
2. Volume surge at the end of the session forming a pin bar (early cover shorts before the weekend or accumulation?);
3. 0.382 retracement is 6200, hoping we can get there;
4. Both Nasdaq and S&P 500 broke below the 1D MA200.
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#SPX
1. Structurally broke a new low;
2. Volume surge at market close forming a pin bar (is this short covering before the weekend or accumulation?);
3. The 0.382 retracement level is 6200, hoping it can go down there.
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Open an initial position first, and stop loss if the key levels are invalidated.
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I don't know how much longer Silver is going to keep playing games here, I'm waiting for him; last time when 86 went to 77 without closing the position, I got stopped out at 82, I don't blame Silver, I blame myself for being bad at trading, held through that consolidation for so long and didn't catch the smooth move; this time, I'm ready, I'm going to send him to the 50s!!!
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The general idea for the follow-up~
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I've covered the position I reduced yesterday. Let me explain the logic: Yesterday around 70, it dipped just below 69, and I reduced my position at that point because both the wave structure and overall structure were becoming complete, so I trimmed some exposure (left brain vs. right brain debate, left brain won). Then from the lowest point, the rebound has been relatively weak all the way to now, and there might be a bit more upside potential later (probably below 71,500), so I'm not watching anymore (left brain vs. right brain debate, right brain won).
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GROK calls this news: "The accompanying gift package for SLR deleveraging."
Given how much the U.S. loves to tinker with things and how capital has already become extremely picky about corporate earnings reports, yet the resilience of U.S. stocks remains so strong, it can only illustrate one truth—
U.S. Stocks: Maybe I'm not good enough, but all my competitors are just too weak.
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Bitcoin has fallen from 76022 to yesterday's low of 68773, which structurally completes a full wave pattern, identified as an impulse wave. A rebound has already begun in response to this decline, with resistance at 71500 for the rebound.
BTC0.88%
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The S&P 500's movement appears weak on the surface, but it's actually quite strong; after all, strength and weakness are only determined by comparison.
Outside markets are getting pounded, yet the index only drops symbolically by 0.something percent.
In reality, if other markets have been difficult to trade lately, buying Q or SPY in tranches is actually a solid move. Given crypto traders' tolerance levels, this drawdown can only be called small-level volatility.
But once the environment improves and it starts trending up, the magnitude will be completely different.
I'm convinced.
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Bitcoin has declined from 76022 to yesterday's low of 68773, which structurally constitutes a complete wave pattern and is identified as an impulsive wave.
A rebound has already begun in response to this downtrend, with resistance at 71500.
BTC0.88%
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#Xiaomi Group Xiaomi phone lobster, haha, if this thing could come out faster, it would absolutely be a revolutionary upgrade in mobile phone user experience.
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