Why Do Traders Become More Likely to Take Excessive Risks After a Winning Streak?
In the cryptocurrency market, there is an easily overlooked risk: after a winning streak, people may actually become less cautious.
After making profits on several consecutive trades, traders can develop the illusion that they have mastered the market’s rhythm and are likely to correctly predict what happens next. As a result, they start increasing their position sizes, loosening their entry criteria, and even ignoring stop-loss rules they used to follow strictly.
But the market won’t guarantee you’ll be right to

Down 50%, then up 50%—are you back to break-even? Many people’s first reaction is: one drop and one rise, so they cancel each other out. But that’s not the case.
Take a spot trading example: You use 1,000 yuan to buy a certain coin. If its price drops 50%, your holdings are worth only 500 yuan. Then the price rises 50%, adding 250 yuan based on that 500 yuan, leaving you with just 750 yuan. Ignoring fees, you’re still down 250 yuan.
The problem is that the drop is calculated from 1,000 yuan, while the rise is calculated from the now-reduced 500 yuan. The same 50% corresponds to completely diff

What does it mean when prices fall, volume increases, and OI rises at the same time?
In the crypto futures market, if prices continue to fall while volume increases and open interest (OI) also rises, many traders will immediately conclude that bears are dominating the market and the decline may continue.
This interpretation has some value, but it should not be treated as a definitive trading signal. The combination of these three indicators needs to be understood in the context of market structure and actual trading activity.
First, what does a price decline mean?
A falling price means that tr

Luxor Raises $16M to Scale AI Compute Push
Luxor Technology raised $16 million in a strategic round led by CMT Digital, with participation from Canaan, MicroBT, Halo, Steelhead, and angel investors, to scale its push into AI computing power.
The raise follows the September launch of Luxor AI, which extends Luxor’s Bitcoin-mining stack—energy, hardware, software, and trading—into AI.
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate lin

What Is Slippage? Why Might the Price You See Before Placing an Order Change by the Time It Executes?
In cryptocurrency trading, you may have encountered this situation: the price you see before placing an order looks ideal, but after the order is filled, the actual execution price is higher than expected, or you sell at a lower price than expected.
This difference between the expected price and the actual execution price is commonly known as slippage.
First, how does slippage occur?
The most common causes include rapid market fluctuations, insufficient order book depth, and an order size that

Warsh held another press conference where he said basically nothing. 🤣
As expected, the Fed held steady and left interest rates unchanged.
Of the 12 votes, 2 were for a rate hike. Even Governor Cook, who hadn’t cast a dissenting vote since taking office, raised her hand. The 10-year Treasury yield immediately climbed above 5.05%.
Even more audaciously, Warsh casually changed the rules: starting the year after next, there’ll be only 6 meetings a year when rates can be changed.
Asked about the midterms, he said politics plays no role in policy decisions and that the path forward depends on the

Good morning, the strategy has been updated. Pick it up in the livestream room 🎉

The higher the reward-to-risk ratio, the lower the win rate required.
《The Art of Trading》 includes a table calculating the win rate needed to break even. Put simply:
Make 1, lose 1: you need to win half the time;
Make 3, lose 1: a 25% win rate breaks even;
Make 10, lose 1: a win rate of around 9% breaks even;
Conversely, lose 3 to make 1: you need to win 75% of the time just to break even.
That’s why the book sets a threshold for planned trades: “The initial reward-to-risk ratio must be at least 3:1 to plan a trade” (《The Art of Trading》, p. 9). In context, this means making 3 and losing 1.
W

Why, even though I set a price, wasn’t my order fully filled when the market price reached it? First, distinguish between placing an order and having it actually filled.
For example, if a coin is currently quoted at 100 yuan and you place a limit buy order at 95 yuan, it means you’re willing to buy at 95 yuan or lower. It doesn’t mean anyone in the market has already sold you the coin.
If the price never reaches a level where your order can be matched, it may remain open indefinitely. Even if a trade happens at 95 yuan, that doesn’t mean your order will be fully filled, because orders ahead of

This Friday, $10.9 billion in BTC options worldwide reach final settlement, with the maximum pain price firmly anchored near $78k. Many people see this figure and start to panic, worrying that market makers will drive prices all the way back to max pain. But they overlook the core logic of options expiry: the period around expiration is often the best window for volatility to pick up and a short-term bottom to form. A closer look at the derivatives ledger makes the dynamics very clear:
Max pain does not mean price must reach it $BTC The $78k max pain price is about 4% below spot. Market maker

$XAUT 10.29 Gold Outlook
The Fed’s rate decision met market expectations, with rates held unchanged. Aside from dissent in the vote, nothing else had much impact on market sentiment. The Chair’s remarks were neutral, offering little actionable guidance. Overall, market volatility was clearly much lower than in the previous round
From the charts, gold has yet to break out of its established range-bound pattern. The short-term move is merely a recovery after being oversold, with no clear signal of a one-way reversal yet. If gold fails to hold above key resistance on strong volume, the upside pot

#ShareWeekly #FOMC‬⁩ #WCTCS9 This Week's Macro & Trading Double Feature: FOMC Holds Steady, WCTC S9 Contract Competition Heats Up
This week brings a dual focus for markets. On the macro side, the Federal Reserve held rates steady at the October FOMC meeting as expected, but two dissenting votes in favor of a hike added uncertainty to the December policy path. On the trading side, the Gate WCTC S9 contract competition is officially underway, with a 100,000 USDT prize pool plus a 50,000 USDT Square campaign giving traders a live arena to test their strategies.
FOMC: Rates on Hold, but Dissent Si

Earnings Season Prediction Challenge Share 90,000 USDT in Rewards, with Up to 5,000 USDT for First Place https://www.gate.com/campaigns/6756?ch=8993&ref=VLARBF1YAG&ref_type=132

Two AI outcomes on the same night—what better example of a two-way courtship? 😂Google Cloud revenue doubled, but its shares plunged 10% after hours; Microsoft Azure grew 48%, and Microsoft shares instead rose 2.9% after hours. Google $GOOGL $GOOGL spent $51.4 billion on capital expenditures alone this quarter, while free cash flow was negative $9.1 billion. Earnings per share came in at $2.12, versus market expectations of $3.01, nearly 30% short; Microsoft MSFT spent $39.4 billion on capital expenditures, $6.5 billion less than expected, and Azure is set to accelerate to 49%-50% growth next q

Morning, everyone!
Trying reishi spore powder for the first time.
I heard it can help fight fatigue🥱
It actually seems kind of like coffee~
I mixed it into milk,
and it tastes a bit like milky coffee☕️
Anyone tried it?
Does this stuff really work?

Fully automated quantitative trading. Copy-trading advice: Use proportional copy trading and copy all positions. The amount should be at least $500; otherwise, some orders may not be triggered. Manage your own risk. One more key point: when copy trading, leave it for at least half a month before checking. If you’re impatient, don’t copy my trades or affect my copy-trading data.

The entry at 4080 was pretty good

The U.S. dollar fell to 6.66 yuan, with the yuan reaching its strongest level in nearly four years.
The main drivers are strong Chinese exports and companies converting foreign currency into yuan, combined with weakness in the U.S. dollar itself. The central bank manages the daily fixing, keeping the pace of appreciation in check, so this is not a one-way surge.💹
The U.S. dollar could rebound in the short term, depending on the Fed and export data. But in the medium term, it will likely trade in a range of 6.6–6.8, with a sharp, one-way move unlikely.
For crypto, a weaker dollar is generally