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Yesterday, when Xiao Yu left, I told you that the “big pie” would go to around 644, and once it hit that level, I would enter the trade. Then I exited around 649. Xiao Yu is smart—he placed an order, got filled, and exited around 650. Originally, I really wanted to short around 650, specifically at 65026; I’d already entered the price and the order position size. But I didn’t place the order because I knew that once I did, I’d probably have to keep staring at the chart. I was afraid the market maker/manipulator would come and hit me—then I’d have to stay up late again.
Thinking it over, I’d better go to sleep earlier. I went to bed around 1 a.m., but I woke up again in the early morning and got up to check. And sure enough, if the downside played out as I predicted, I’d see whether it could drop to around 636.
I remember a fellow coin trader asked me where to set the stop loss. At that time, the lowest point was around 64390, so I told him to set the stop loss at 64380—just 10 points. I don’t know whether that friend exited. If he didn’t, he might have been stopped out, or ended up stuck in a loss. I already said it clearly: I don’t place trades for you—I’m responsible for my own profits and losses.
While I was still writing the article, the “big pie” dropped to around 636. It really gave face.
For a target’s long-term investment-style forecast—for example, the big pie—when you’re talking about seeing 100k or 200k, the difficulty isn’t really that high. But if you can accurately predict within 1 hour or 4 hours exactly how far the big pie will rise and where it will fall to, that difficulty is higher than the former. If you don’t believe me, go ahead and try it yourself.
I used to not be able to get it right either. After practicing for so long, I still can do it now—where are the “experts”? Real experts are made through diligent study and hard practice. All these years of staying up late, watching the chart, placing trades—only in the end did I get results like this. How could making money be so easy? Isn’t it all done one step at a time, one solid stride after another, until you finally reach the goal?! Although I’m better than before, I will always keep a sense of awe for the market. I know my pride and arrogance will be my grave in the future. Only by staying humble and maintaining a positive and optimistic attitude toward learning can I go further!
After I finish writing the article, I still have to go back to sleep—I’ll try to stay up less! And I hope everyone won’t stay up late either—money can’t be made all at once.
Someone questioned me for not posting trade screenshots. I don’t want anything from you, so there’s no need to post them. If you doubt my level, there’s an offline office in Chongqing—I stay there long-term, because I trade from the office. If you come, I’ll make you fully convinced. Bad words up front: if my brother comes, there’ll be good wine; if that money-hungry wolf comes, the only thing waiting for him is a hunting rifle!
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