#我的Gate交易时刻 Today is yet another day of Ethereum teaching me a lesson.



Woke up in the morning to check the market, ETH was still hovering around 1800, and I thought, this level has been sideways for three days, it's time to choose a direction. The daily MACD is bullish, RSI isn't high either, it looks like it's going up. I couldn't resist, entered a long at 1812, with a stop loss at 1788, thinking 24 points is enough.

And what happened? At 3 PM, a 15-minute candle directly dropped to 1785, precisely hitting my stop loss, then immediately bounced back above 1800. By the time I write this, it's already at 1825.

Damn. It was deliberate. The market maker was targeting my stop loss.

Three lessons:

1. Don't place stops at round number levels; if you do, place them further away, or use closing prices for stops, not limit orders. Market makers love to sweep those psychological levels.
2. Don't place breakout orders on weekends and holidays; liquidity is too poor, it's all fake moves.
3. The most important one — before entering a trade, ask yourself: if I lose on this trade, will I admit I was wrong and exit, or try to hold? If you want to hold, don’t trade. Today, I rushed in without thinking clearly.

Let's see tomorrow. I won't chase longs at this level; wait for a pullback to 1800. Missing out is more comfortable than losing money.

That's it. Going to sleep. Tomorrow I still need to grind and add to my position.
ETH-1.73%
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