First came a rapid plunge, and I caught a solid short position—but I didn’t expect such a fierce rebound, it was pulled back in the blink of an eye. During the early morning pullback, I went short again, and almost got stopped out. My heart can’t take it.
Technically, my plan was to wait for a pullback to stabilize before going long. If I’d managed to catch the long this time, I might’ve made a decent profit—after all, if the price surges to 100,000, there’s over $9 billion in liquidation orders waiting to be triggered.
The issue now is that the short-term moves are too sharp, making the structure hard to judge. I still feel that the long-short dividing line is more reliable; I missed out on entering during the last two breakouts and always regret not using it. I need to fix this problem next time.
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There was a big move in the market late at night.
First came a rapid plunge, and I caught a solid short position—but I didn’t expect such a fierce rebound, it was pulled back in the blink of an eye. During the early morning pullback, I went short again, and almost got stopped out. My heart can’t take it.
Technically, my plan was to wait for a pullback to stabilize before going long. If I’d managed to catch the long this time, I might’ve made a decent profit—after all, if the price surges to 100,000, there’s over $9 billion in liquidation orders waiting to be triggered.
The issue now is that the short-term moves are too sharp, making the structure hard to judge. I still feel that the long-short dividing line is more reliable; I missed out on entering during the last two breakouts and always regret not using it. I need to fix this problem next time.