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Hearing a popular song, I suddenly realized that trading and music creation are actually the same thing. Not every time will it go viral, but consistently producing good works can help you establish a foothold. Just like handling negative market fluctuations—the key is not to avoid losses entirely, but to build a trading system that can withstand losses.
$CVX has been performing strongly these days, with a 22.94% surge in 24 hours, which looks very exciting. But technical signals are starting to warn us. On the 1-hour K-line, the MACD shows a bearish divergence (price hits a new high, but the histogram has already turned negative), and RSI across different cycles also shows clear divergence. What does this mean? It indicates that upward momentum is waning, and the risk of chasing higher is too significant to ignore.
Recently, three consecutive losses have indeed affected my mindset. But at this point, staying calm is even more important. The difference between experts and beginners lies in these points: quickly moving on without losing composure over one or two losses; focusing on a system, just like musicians focus on their creative logic; long-term accumulation—it's okay if a single album doesn't become a hit; only a decade of work can truly speak.
**What to do now? It’s recommended to stay on the sidelines.** The reason is simple—such a strong rally is often at a high level, and chasing in means taking over someone else's position. Unless the price can retrace to the 1.90-2.00 range and stabilize, it’s better not to act for now.
If you must trade, consider a small position around 2.00 to try going long, with a stop-loss set at 1.85, and targets at T1=2.25, T2=2.40. But the premise is that your position size should be small enough to allow you to sleep peacefully.
It’s recommended to review your previous losing trades thoroughly and reduce your risk exposure. Don’t rush to act before your mindset is properly adjusted—there are still many opportunities ahead.