To be honest, my directional judgment in the morning did have some deviation, but I adjusted my approach in the afternoon and executed the following waves quite well, ultimately closing positions successfully. The biggest lesson here is — direction is always more important than brute force.
Specific trading data:
BTC short, entered at 91839, exited at 90867, profit 4861U BTC short, entered at 90862, exited at 90030, profit 4158U BTC short, entered at 90504, exited at 89870, profit 3168U
Over the entire day, account growth was 12187U.
What traders fear most in trading is not moving in the wrong direction, but moving in the wrong direction and stubbornly holding on. Truly strong traders are not those who never make mistakes, but those who dare to admit mistakes, adjust immediately, and keep moving forward. Some people cling to a wrong direction and end up being eliminated by the market. Conversely, those who can adapt flexibly and cut losses in time actually survive longer in long-term trading and earn more.
Resilience and flexibility — these are the true weapons for surviving in the crypto market. With extreme volatility in BTC, ETH, PEPE and other coins, what's needed is this kind of mindset — being wrong is not scary, what's scary is not admitting it and not changing.
Ah, I gotta say, your shorts have been spot-on, easily bagged 12k like that? I'm still wrestling with whether to chase the short...
You're right that mistakes can be corrected, but most people just can't pull it off, they get liquidated in that moment of stubbornness instead.
When you get the direction right, it's just coasting to victory—that's the real key. Brute force doesn't really cut it.
But speaking of which, what was up with that deviation this morning? Could you walk me through it? I want to learn how to quickly correct my thinking.
12k a day—your trade frequency and win rate must be incredibly solid. Seriously impressive.
Thursday Market Review:
To be honest, my directional judgment in the morning did have some deviation, but I adjusted my approach in the afternoon and executed the following waves quite well, ultimately closing positions successfully. The biggest lesson here is — direction is always more important than brute force.
Specific trading data:
BTC short, entered at 91839, exited at 90867, profit 4861U
BTC short, entered at 90862, exited at 90030, profit 4158U
BTC short, entered at 90504, exited at 89870, profit 3168U
Over the entire day, account growth was 12187U.
What traders fear most in trading is not moving in the wrong direction, but moving in the wrong direction and stubbornly holding on. Truly strong traders are not those who never make mistakes, but those who dare to admit mistakes, adjust immediately, and keep moving forward. Some people cling to a wrong direction and end up being eliminated by the market. Conversely, those who can adapt flexibly and cut losses in time actually survive longer in long-term trading and earn more.
Resilience and flexibility — these are the true weapons for surviving in the crypto market. With extreme volatility in BTC, ETH, PEPE and other coins, what's needed is this kind of mindset — being wrong is not scary, what's scary is not admitting it and not changing.