#BTC #ETH #GateioInto11 #

Uncle Da's loss situation explanation, review, and follow-up
Yesterday I opened 6 orders, 4 orders hit stop loss, 2 orders were profitable, overall there was a serious loss.
One:
1. Please contact me for compensation if you have liquidated a position of 10 dollars.
2. From today onwards, for all future orders, if the loss in a single instance exceeds 20%, I will compensate half of it. For example, if you follow an order of $10 and the loss in a single instance is $2, I will compensate $1. The maximum limit for a single instance is $200.
2. Review: 3 trades in the morning, with sui cutting losses and others making profits.
The prediction is that Bitcoin will face resistance at 83,000, so I decisively opened a position when it rebounded to that level. Looking at the subsequent developments, the judgment was correct. The existing problem is:
1. The levels are not precise enough; in fact, a pressure point around 83500 for Bitcoin is more suitable.
2. Because of the positions in Bitcoin and Ethereum, I opened a position with a altcoin, resulting in large fluctuations and a stop loss.
Losses at three in the morning: A sleepless night, watching the market, the afternoon's trend already indicated that there would be significant movements overnight, but the bottom-fishing attempt failed. At two in the morning, there were two spikes around 82000, forming a bottoming pattern. I immediately intervened during the rebound in the second spike, and I had already made profits that were not closed, but I was stopped out during the third spike.
Question: High leverage, heavy position, eagerness for success, overly aggressive.
Improvement: 1. Be more cautious when opening orders in the future.
2. Only do Bitcoin and Ethereum, at most include Sol.
3. Set the leverage to 25x to 50x each time, and do not exceed 5% of the position for each order, with a maximum of two orders open at the same time.
Summary: Losing is losing. We must strictly adhere to our commitment to compensate, as I feel guilty for the trust everyone has placed in us. At the same time, I urge everyone to manage their positions carefully; the risks in the futures market are too great, so please control your amounts. The pressure of trading for others is much higher than trading for oneself. I want everyone to earn more, but I also fear losses. Therefore, the leverage is high and the stop-loss is low. My own capabilities are still limited, and I am not precise at capturing ultra-short-term price points. My heart is broken; recently, I have been adjusting my mindset and reducing the number of trades, only intervening when a clear market trend emerges. From Monday to Friday, I will continue to provide market analysis. I apologize to everyone. A new day has begun; I wish everyone profits!