Today, for this $WLD short position, what I am most satisfied with is not the +760.17%, but that I didn't recklessly add leverage in the middle.



When WLD was under pressure at a high level, the bull trap move was quite obvious. Many people saw the sudden pump and wanted to rush in, but I reminded myself to slow down first.

After opening the long near 0.4331, the first leg down was actually not smooth, and the retracement in between was quite grinding.

To be honest, in leveraged trading, what I fear most is not being wrong in judgment, but being led astray by emotions before the judgment is even wrong.

Many people overlook this detail: the more violent the retracement, the more hollow the volume, and the subsequent drop is more decisive.

From 0.4331 to 0.3866, this short profit has materialized, and the chart gave a feedback of +760.17%.

Now, I won't amplify my moves just because things are going well. First, protect the cost base, then see if we can continue to extend.

It's easiest to get cocky when making money. Old traders have suffered losses, so this time I'll only follow the rhythm and not chase tail orders.

$BTC $ETH
WLD-6.39%
BTC-1.66%
ETH-1.97%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned