After deviating from the original trading logic and entering a position against the trend, one will constantly want to short at the highest price. During this period, the market is extremely fearful, and it always feels that the rebound is weak, that it can't rise much and will still fall. Perhaps due to unwillingness or wanting to prove oneself right, the result is being trapped and deeply trapped, then getting liquidated. In such a large wave of market movement, it's not that one doesn't want to partake, but the short positions in the mind dominate. With other emotions arising, o
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NoWhale:
He keeps increasing the position against the trend and got liquidated for 500.
Today's trend: The short-term downtrend is significant. ETHUSDT has experienced a big dump from the high of around 3052 on November 30, recently touching 2718, and is currently fluctuating around 2800, showing a clear dominance of short positions.
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I thought there wouldn't be any Fluctuation over the weekend. I went home to cook lunch, and when I came back, it just got dumped. Who opened the seal? The Central Bank is starting to crack down on Virtual Money again. Will this affect us in Cryptocurrency Trading?😔
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NoWhale:
Rest well on weekends so you can earn money properly on weekdays.
The initial position was set at 2860 but wasn't filled; the indicator gave a signal but I hesitated and missed the opportunity. Today was another day of slacking off. Tomorrow, the position opening ratio will be adjusted to 1%-2%, with a stop loss between 1%-3%. Those who are using leverage in copy trading should pay attention to the risks, and I aim to make 3 effective trades every day going forward.
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Not much volatility over the weekend. The probability of a rate cut in December has risen to 70%, which could bring about a rally. However, the current trend is still bearish, so there will probably be another dip before any upward movement.
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NoWhale:
When you're not in the mood, just go out and have some fun. Relax yourself a little.
Thank you all for your support. We achieve stable daily compounding, keep light positions, and have super patience—no heavy positions, no holding onto losses. The total position limit is 5%, usually between 1%-3%. No live streaming on weekends. 😊 The fan group can't be created yet; it will probably take some more time.
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NoWhale:
I'll go promote it for you under the trader who resists and frequently hits big orders.
A senior just asked me why I didn't buy the dip at 2780🤔. I said the market hasn't moved out yet, and I don't know if there's enough rebound strength. I prefer to trade on the right side with ultra-short-term positions once the market has moved out.
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NoWhale:
Do not blindly pursue profits. Do not resist orders. Many platforms have traders who stubbornly resist orders, and none of them avoid liquidation. Miss, keep your current style. I believe you will gain fame very soon and be able to succeed quickly.
The first long order has just taken profit, and the second order was closed with a small profit. The platform has some anomalies, so to avoid being stopped out, let's let the market run for a while. It is destined to have long wicks, and the direction will be clearer later.
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