After a String of Losses, How Can You Tell Whether a Strategy Has Failed and Adjust Your Trading Mindset?

In cryptocurrency trading, a string of losses can easily make you doubt your strategy. Some people rush to switch indicators, others keep increasing leverage in an attempt to recoup their losses, while still others open positions frequently out of anxiety despite having no trading signals. The real issue to address is not just the losses themselves, but how to determine what is actually going wrong.

First, distinguish a normal drawdown from a failed strategy. Any strategy can experience

Despite the broader market's overall decline, $NEAR NEAR has still held its ground over the past few days. It could very well rebound from here.

Why Could Prices Suddenly Reverse Even as Open Interest Continues to Rise?

In crypto contract trading, open interest (OI) is an important market indicator. It represents the number of contracts that have not yet been closed and can help us understand the level of market participation, but it cannot determine price direction on its own.

First, prices rise and open interest increases. This usually means new contract positions are entering the market, suggesting that capital may be continuing to participate in the rally. But new positions could come from either longs or shorts, so these two ind

The 10-year Treasury yield is back at 5%, and a December rate hike is fully priced in. This week’s numbers are more alarming than ever😵
But the scarier the numbers get, the more people hesitate to ask the most basic questions.
If you have questions this week about tokenized U.S. stocks, RWAs, or the market, just leave a comment.
Tomorrow, I’ll pick 3 questions to answer publicly.
Your questions don’t have to be technical—the more genuine, the better👇

What Exactly Are Stablecoins, and Why Are They So Important in the Crypto World?

In the crypto market, the prices of BTC and ETH can fluctuate dramatically in a short period of time, but one type of asset is designed to do the exact opposite: maintain a relatively stable price as much as possible.

It is called a stablecoin.

But there is one key point: price stability does not mean there is no risk.

I. What Exactly Is a Stablecoin?

A stablecoin is a type of digital asset that attempts to peg its value to a reference asset. The most common target is the US dollar, though some are designed t

To keep me trapped, the market’s KPIs are maxed out: exchange hacks, an election gone wrong, U.S. stock market circuit breakers, Old Huang rumors, MicroStrategy getting kicked out, and 2.8 billion in selling pressure waiting in the wings. On my side: a salary I can’t hold on to, housing prices I can’t catch up with, ready-made meals that won’t cook through, and a hairline that won’t come back. Where’s the bull? Did the bull get laid off too? $NVDA

Why does the Bitcoin ecosystem need USDT? UniSat has been building infrastructure for Bitcoin-native assets since 2023 and has introduced many innovations, but it has always lacked a widely recognized stablecoin that can be used directly within the ecosystem. No matter how many native assets there are, connecting to the real economy often still requires cross-chain transfers. USDT can serve as a unit of account and bring in liquidity, supporting use cases such as payments, trading, DeFi, and gaming. This is especially useful for AI agents: they can use BTC as a store of value and pay service f

What Is Large-Order Splitting? How Can You Balance Execution Speed and Costs While Controlling Price Impact?

In cryptocurrency trading, placing a large order all at once can quickly consume resting orders in the order book, driving up the average purchase price or lowering the average sale price. Large-order splitting means dividing a large order into multiple smaller orders and executing them gradually according to a preset schedule or market conditions to reduce the price impact of concentrated trading.

First, why split orders?

When an order is larger than the quantity available at the cu

$BTC cleared major liquidity zone , now #Bitcoin is in the path less resistance zone and how far price pullback within this imbalance zone?

Anyone else shorting at the same entry?

10,000 U in principal, currently 1.54 million U

What Is Strategy Overfitting? Why Should We Be More Cautious When the Historical Returns Curve Looks Better?

In cryptocurrency trading, some strategies have their parameters repeatedly adjusted until their historical returns curve becomes very smooth and their win rate is high. But once they enter the live market, their performance drops significantly. This may be strategy overfitting: the strategy has adapted too closely to specific patterns in historical data without learning how to cope with future market changes.

First, how does overfitting happen?

Common causes include repeatedly adjus

I’ll just grab something from a street vendor for lunch 😂
What did you all have for lunch?

What Exactly Are Wallet Seed Phrases and Private Keys? Why Are They So Important?

In the Web3 world, creating a wallet is easy, but not everyone truly understands who controls it.

Many people know that seed phrases must not be disclosed, but may not be clear on how they differ from private keys or why losing a phone does not necessarily prevent them from recovering their wallet.

To understand these questions, we first need to clarify three concepts.

I. What Is a Private Key?

A private key is secret information used for cryptographic signing. In many blockchain wallets, it can authorize tr

Latest episode update
Bitcoin, gold, US stocks, and Nvidia all have opportunities
Episodes before No. 109 are now free to watch. You can check out my thinking during Bitcoin’s volatile decline over the past 2 months and how to avoid following the crowd and constantly buying the dip.

11.11 Gold Midday Review

Yesterday, rate hike and CPI news sent prices falling all the way to around 4015, and many traders were liquidated one after another

The U.S. has abandoned the option of launching a direct war and is not seeking a short-term agreement, instead choosing a long-term economic blockade of Iran. This is a slow-paced contest, without the strong immediate stimulus of an outbreak of conflict, so risk-aversion sentiment is unlikely to heat up quickly. Both gold and crude oil are waiting for news, making it difficult for either to rally sharply. The market remains focused on e

It seems the odds of treating the current $73,000 level as bottom support aren’t favorable.

The U.S. October inflation data released last night shattered the market’s optimistic outlook for inflation to cool.

CPI rose 0.4% month over month (vs. 0.3% expected), while core CPI rose 0.3% month over month (vs. 0.2% expected). Both readings came in above Wall Street’s estimates.

The data landed right on the warning threshold previously set by Fed Governor Waller: if core inflation reaches 0.3%, the option of discussing a 50-basis-point rate hike at the December meeting will be on the table.

Aft

Why Can’t Stop-Loss Orders Completely Prevent Losses? Understanding Slippage, Liquidity, and Execution Mechanics

In cryptocurrency trading, many people believe that setting a stop-loss will keep losses within a predetermined range. But in actual trading, prices can move rapidly, and stop-loss orders may be filled at a much worse price than expected. Understanding the limitations of stop-loss orders is key to managing risk more effectively.

First, distinguish between the stop trigger price and the final execution price. The trigger price is merely the condition that activates the stop-loss me