Bitcoin (BTC) crossed the $ 65,000 mark in European morning hours on Monday, inching closer to its lifetime time peak of $ 69,000 set in November 2021.
Elon Musk joins the AIGC battle! Rush to purchase 10000 GPUs and dig corners in Deepmind.
Yesterday was suspended for a day, and trading continues today.
At first, it was relatively smooth to set the stop loss price according to the rules. But after several iterations, they began to chase short-term fluctuations, and then began to lose control. When feeling tired, assets shrink by 20%. Looking back, it was in a volatile market all day and not suitable for trading. But frequent trading has led to losses. Some confusion, constantly reflecting.
In investing, sometimes doing nothing may give you an advantage. "Those who seek an advantageous position by copying the bottom are basically committing suicide, with few exceptions.". The advantageous location does not exist, while the safe location exists relatively.
Abandoning the pursuit of advantageous positions to pursue safe positions is a critical leap forward for traders in their advancement process.
Part 1 ：In front of the market, all skills are inferior to following the trend.
On March 15, I lost my job.After thinking about it for a week, I decided to spend two months，and try to transform myself into a crypto trader.
Started trading last Friday and have been trading for 3 days yesterday. Profitable for the first two days. Things got a little out of control on Tuesday night. Frequent stop losses lead to big losses. Afterwards, I suffered from insomnia and woke up early in the morning to start trading. The unconscious state led to magnified losses.
Get up in the morning and keep trading. Then make mistakes all day. Lost 25% of capital in a single day.
In front of the market, all skills are inferior to following the trend.