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Today he made another basic mistake! Clearly predicted that it would fall in the evening, so I opened short positions on ZEC and JTO, ZEC at 469, JTO at 0.706, and then I started reviewing with students and analyzing the night session, expecting it to fall. It then rose a bit, with some buy orders, so I opened a reverse long position, and it turned out to be profitable. It really fell, and I suffered losses!
What annoys me the most is that I’ve been watching hype for so long, knowing it would fall, but I didn’t short it, just watched it drop.
I was also influenced by external factors, with retraining and distractions. When making decisions, I was very careless. I looked at the market but didn’t have time to analyze, so I just cut losses and left. Later, whether I made a profit or loss didn’t matter; I just wanted to finish the retraining!
I find all three targets quite difficult; maybe it’s because of my limited ability. I can hardly imagine how busy I would be trading more than ten targets at once. At least my decisions weren’t fully thought through. I carefully observed these three coins. JTO is still the strongest; it doesn’t fall with Bitcoin! Very obvious!
Then I looked at Bitcoin, which stabilized around 625. I was ready to go long on JTO directly! Set the stop loss at 0.67, and the take profit initially at 0.8, then adjust according to the market trend.
Ugh, it’s frustrating. I lost my monthly living expenses again! I lit a cigarette to calm my mind. I hope this time the heavens will let me make some gains. Thank the heavens for their blessing.
If Bitcoin’s support at 625 doesn’t hold, the next support levels are 615 and 580. I’m prepared. I also bought Bitcoin spot; I’m not afraid of being trapped. I trust Bitcoin, not so much $BTC the main coin.