CoinCircleHasBecomeB
vip

Bad news


Last night I reduced my position at 1918, and it rose to 1913.
Today the limit order was 1828 for replenishment, which has dropped to 1831.
Good news
The middle position hasn't changed, the position hasn't increased, and I haven't been trapped.
Today I saw a big brother saying that Ant Warehouse's copy trading is just cutting leeks, that all trades must have stop losses, and that the copy traders are not reliable, claiming that in live streams, only certain people are worth following, and everyone else is not.
First: Ant positions are all about cutting leeks. This point must be refuted; ant positions are meant to increase the margin for error. It's impossible to be right on every direction of a trade. If a trade direction reverses, there are many ways an ant position can be rescued, not just by averaging down. The same goes for trading. Anyone can average down, but the real core lies in reducing positions and the averaging down entry points. If these two points are not handled well, extreme market conditions will face issues.
Second: you must use stop-loss orders when trading. I do not dispute this statement, but it applies to all medium and short-term trades. The simplest way is to short at resistance levels and go long at support levels, with a stop-loss just below the breakout level. However, the approach for long-term trading is different. Long-term trading aims for larger swings; for example, I can hold a long position from 1840 to 2100 while still having some position left. If the price drops, it merely means I haven't maximized my profits. Locking in profits indicates that I still need to evolve and improve my trading system. However, in the context of long-term trading where position control is key, it is possible not to use stop-losses because unless one is mindlessly doubling down, there is basically no risk of liquidation. Moreover, one can aim for higher profit margins. In fact, if one day the price reaches 2500, 2800, or above 3000, it is highly likely that my long position at 1840 will still be valid.
Three: Each streamer in the live broadcast room has their own trading system and highlights; there is no need to elevate one and diminish another. I have mentioned before when I was guiding trades that being a streamer guiding trades is a perilous path akin to licking blood on a knife's edge. Most streamers won't take this path because they fear making mistakes; it's the safest move to stay in the tent and point out the landscape to collect subscriptions. However, I genuinely hope that every streamer takes the initiative to guide trades, as this allows us to see if there is real skill and whether they can help their fans make money, rather than just profiting from their fans' subscription fees. Therefore, I hold a sense of reverence for every streamer who dares to guide trades, even though the process might be quite challenging, with various setbacks and floating losses along the way. However, I hope you can walk this path of guiding trades with me, improving as we go, so that fans can truly earn money. Although I haven't managed to help everyone earn money yet, this 🐕 market is still tormenting me.
After the meeting, you guys talk to me more, don't let me play solo.
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NewJourneyvip
· 03-29 13:46
Don't let others mess up your rhythm; as for what others say, let them be. fighting!!!!
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