Snowball life, check-in day 10 — recap

I. Interval return: -400U
II. Interval actions:
2.1. Good points: I. Reduced the frequency of trades—only trade the B-type that is strong on the day, adjusting position size dynamically based on the day’s market; II. Separate the medium/long-term account from the short-term account
2.2. Areas to improve: In the recent 10 trading days, BTC fell on 6 days, but I was basically trading almost every day. Especially in the last 3 days of continuous declines, I ate up all the earlier profits, and also lost 20% of the principal.
1. Don’t go out in the rain: #BTC falling—stay in cash as much as possible. Don’t fantasize about beating the market [Even though it looks very strong when it rises against the trend, but when BTC falls, the mainstream basically won’t avoid falling.]
2. Position management: Don’t open more than 3 positions; each position no more than 20%; try position at 10%; add 5% each time; don’t average down on a drop
3. Look at the A-shares and US stock market trends for reference. For example, on 7.24, A-shares crashed and US techs plunged, and BTC was also dragged below the waterline. When A-shares crash, even if BTC rises during the day, you still need to further reduce exposure.
III. Principal adjustment:
Made a little profit on the medium/long-term side #BEAT , and increased my holding on Gateio. It’s not really adding funds. I hope to turn the Gateio account into a ten-thousand-USD stable-compounding account. Most of the time I post to let my brothers supervise me—steady compounding forward

There’s no one in the crypto world who doesn’t regret it; it’s just that some people don’t shout about the pain. I hope all my brothers can find their own trading system and achieve stable profits as soon as possible—earn money day by day.