This article is about self-reflection!!!
Impulsively opening a position, I was a bit off today because of river, not that I lost much, just that uncontrollable feeling, which made me uncomfortable. I initially predicted that Bitcoin would go near 914, entered at 889, with a stop loss set at 884. The risk-reward ratio for this trade was excellent. However, influenced by river, it rose to 897, and I closed half of my position, but my take profit at 891 was hit, and then it took off.
At that time, near 904, the students mentioned that tomorrow is Saturday, which basically means a choppy market. It was fine to short at 904, but after I shorted at 90154, I felt something was off. I couldn't identify the choppy range because there was no closing line. I mentioned during the live session that I could only take 500-1000 points, and it was best to wait for a closing line to open a short on Saturday.
Just now, Bitcoin surged to 9117. My prediction of the rise was correct. When it reached near 914, because I was live streaming while trading, I made a mistake and only entered 500 at 910 to average down. Now I'm in profit, and I feel like heaven is helping me, knowing that something was off, and I made an error by entering less, giving me a chance to rectify it.
It was not appropriate to short at 904; first, there was no closing line, and the trend was unclear. Second, the resistance level was not a point to open a position. Third, I need to observe the second half of the market from the US.
This trade was profitable because heaven blessed me, and I sincerely apologize for the emotional atmosphere in the live stream. I hope everyone didn't lose money; I'm very sorry.
As a trader, one must think independently, analyze calmly, and not follow others' emotions. Always maintain a 'NO' mindset. If you don't want to trade, then don't trade. River should cut off its own hands. Bitcoin this time too, damn, cut off both hands, and in the future, trade with my feet!
