5.14 Thursday Night Trading Execution Checklist

This checklist helps you break down the original plan into "actionable steps" and adds risk control details to prevent operational confusion.
I. Current Positions and Take-Profit Plan
Position Direction Contract/Entry Reference Take-Profit Target Remarks
Short 2307 (current price around 2297) First target: 2295
Second target: 2285 Partial profit-taking; close half at 2295 to lock in profits, remaining position with breakeven stop-loss looking at 2285

II. Hedging Order Operation Rules (Preventing Shakeouts and Whipsaws)

1. Entry Conditions: Price retraces to the 2280-2276 zone, and support is effective (not quickly broken)

◦ If support holds: exit as planned, avoid fighting the market

◦ If aiming for a lower target (around 2255): accept repeated fluctuations, do not chase orders, do not hold heavy positions

2. Exit Conditions: Price breaks below 2270 with no strength on the close, or reaches target level without sustained momentum, close position immediately
III. Key Price Levels and Corresponding Actions
Price Level Type Specific Level Operation Strategy
Resistance 2330 / 2355 / 2380 Price rebounds near 2330, observe if it breaks:
• If resistance holds and price falls back: add to short positions / top up (control total position size)
• If a quick breakout above 2330 with volume: do not rush to short, wait for the next day's close to confirm if it’s a false breakout
Support 2280-2270 / 2250 / 2230 Price retraces to 2280-2270 zone, operate according to hedging rules; if it breaks below 2270, look towards 2250/2230, can hold short but reduce position gradually

IV. Late Night & Next Day Trading Discipline

1. Don’t be greedy, don’t chase orders: if the market spikes late at night, avoid rushing to short, prevent false breakouts from inducing more trades

2. Determine direction based on closing line: focus on the daily closing pattern

◦ If close is above 2330 and stable: likely a false move to trap longs, next day can short in stages at resistance levels

◦ If close is below 2280: support broken, market weakens, can hold short for lower targets

3. Risk Control Red Line:

◦ Total position no more than 30% of capital to avoid losses from whipsawing in choppy markets

◦ Set fixed stop-loss for each trade (e.g., 20-30 points above entry price), do not hold through losses
V. Simplified Trading Mnemonic

• Hold short at 2307, close half at 2295

• Watch support near 2280, exit if support breaks, avoid stubborn holding

• Do not add to longs on spike; wait for next day’s close to decide direction

• In choppy markets, don’t overtrade; gradual profit-taking is safest
Position size should be reasonable #Gate广场五月交易分享 #ETH