Post

I almost got shaken out of $GUN on this 19% run—I chased at 0.0017. At the time, it had been trading sideways for almost two days after hitting a 24h low of 0.0016. Turnover of 9.5M wasn’t huge, but it hadn’t dried up, so I bet it was about to break out. Then it went sideways for three hours after I bought, and I was kicking myself for having itchy fingers. Later, it climbed to 0.0019, so I sold half. I set a stop-loss at 0.00185 for the rest. When I woke up this morning, I saw it had reached a high of 0.0020 and was now hovering around 0.0020. One lesson: don’t get greedy for the last penny with small-cap coins. Looking back, selling half at 0.0019 seems like I sold too early, but I moved the stop-loss on the other half to 0.00195 to lock in profits, which actually put me at ease. As for trading, if you haven’t gotten in, don’t chase the current price. Wait for a pullback to 0.00185-0.00188 to stabilize, then try a small position; get out immediately if it falls below 0.0018. Keep coins of this size below 5% of your total capital, and take out your principal in batches once you’re in profit. I’m the cautious type who’d rather make less than hold a losing position. Before copying anyone’s trades on Square, check whether they cut their losses when they’re down.


If anything’s unclear, ask in the comments #每周来晒 #Gate股票畅聊季
View Original
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
GUNGUN-2.52%


Add a comment
Add a comment

Comment
No comments