🫶 Public announcement: Reduce all positions by at least half and start fresh! Since June, I gradually invested less than 7000u, reached a peak of 80,000 in July, 140,000 in August, and now only 34,000 remains as of August 10. 🥺 I won’t be taking any new trades for now. My skills are still far from enough. Sorry to those few friends who trusted me and only have 1000u left following my trades. If I haven’t lost everything by the end of August and there is profit, friends who recently followed my trades please contact me via x. I will cover 50% of your losses. Starting today, I’m calming my mindset, lowering my daily target to 300u, and committing to at least one hour of study every day. This is my pledge! My trading record is still open, but please don’t follow my trades. My mindset has been off these past few days, and my position management has been extremely poor. I constantly advise friends trading contracts around me to strictly control their positions, but my own position management is a complete mess. Because the limits vary with different leverage, if calculated all at 20x, I once opened 8000u at 20x leverage. For an account with just over 100,000, this is extremely high risk. I got a little profit and got carried away, thinking I was a trading god, but I’m actually nothing. ❤️ I wish every friend trading contracts can make money. Don’t be greedy. I’m a bad example, so please learn from my mistakes.

$BEAT, everyone, tell me which position it will drop to?

🔥#PositionManagement 02 Assuming a principal of 1000u, 10x leverage full short position, how to allocate funds: 1. At least reserve 100% upside space, a 100% increase without liquidation is the bottom line; 2. Based on 100% increase, 10x leverage, the position can be up to 100u; 3. So how to allocate this 100u: a. At any position you want to buy, set 20u as the upper limit; b. At 50% increase, add 20u to lower the average price; c. If there is no rapid short-term surge, absolutely do not add more positions; 🚫 d. If there is a rapid short-term surge, add the last 60u; Use the length of the 15-minute candlestick as the judgment standard; a long candlestick is more than 3 times the length of a normal 15-minute candlestick, the longer the better, this is a signal of a downtrend, and you can heavily invest at this time. If you want to reduce risk, then invest half, with at least 200% error tolerance. ❇️No matter how much you buy, even 10u, always set a stop loss and develop good trading habits❇️ 🔴Every one of my short positions eventually falls, position reduced by 50%, this time it will definitely break 300,000, so where did I go wrong? 1. I always short on the left side, the position is always bad. 2. Overweight positions are the fundamental reason, setting the target too high; earning 800u daily, 150,000 a month, is not little. 3. Greed leads to loss of control, actually should be content and happy. ✅️Areas to improve: Be patient and short on the right side

Reached 50,000, hoping to hold steady August 11 — 50,000 August 10 — 36,000

$BICO has dropped this time and won't come back up I can recover part of my capital The fundamental problem is the heavy position; when the opportunity comes, I can't add more There are many things I can think of but haven't done, maybe because I made money too easily before.

Woke up with a shock, 28 messages I thought it was liquidation info, but actually interaction messages The rain is still falling We've been having it on and off for two months Today is the only day it hasn't stopped

Keep sleeping It's raining today, haven't walked the dog yet Woke up at 7 AM, only slept 3 hours last night

Yesterday, when I had 120,000 left, I actually should have closed part of my position. This morning, when I had 100,000 left, I should have cut it too. I only cut it when it dropped to 80,000. Today, there's a chance to get back to 100,000, with a high of 140,000. If I lose 40,000, it's still acceptable.

$BICO closed 40% of the position $BEAT closed 50% of the position Cut the two high-risk ones first

Don't worry about me getting liquidated; even if altcoins drop to 50u, I always set stop losses. I would only get liquidated if three coins hit their stop loss levels almost simultaneously. Currently, the losses are severe, but it's not to the point of being pessimistic or hopeless. Is it my personality that I want to win but can't afford to lose?