About Copy Trading, About Me 💌 Conclusion first: 1. Don't follow every trade; have your own judgment; 2. The best time to enter is when I have a large unrealized loss; 3. The position size of a single coin should be between 1%~5% of total funds (with 20x leverage). For example, if total assets are 1000u, then 20x leverage means 10u~50u per position, which is relatively safe; 4. Every trade must have take profit and stop loss set, take profit between 20%~100%, stop loss depends on the individual's acceptable loss. 💌 About me: 1. Monthly income around 30,000, losing the entire account temporarily won't be fatal to me; 2. Last year I was a newbie, initially selecting copy trades based on win rate and profitable days, recently tasted success and earned daily. Eventually, 300,000 RMB principal was liquidated in less than a minute. Then I swore never to copy trade again; to make money, you have to rely on yourself. Actually, achieving over 95% win rate is easy, don't believe that; 3. I prefer shorting rather than going long; the safest longs are BTC and XAU gold; I open positions in multiple coins simultaneously, set multiple limit orders, each between 50~100u, all calculated with 20x leverage; 4. Position or risk management should be the top priority; this is the key to success, never trust luck. In contract trading, one mistake can knock us down. 💌 If the funds you invest relate to your life and status, the lighter the position, the better; the later you enter, the better. Two words: wait patiently. $BTC sideways movement benefits other coins to develop their own trends; sharp rises and falls are not good for altcoins.

Set a flag: reach a balance of 40,000 by September 30 Need to earn about 500 every day; achieving it on a single day is not hard, the hard part is doing it every day I still have a positive outlook on $BTC rising, expecting a quick rebound, planning to hold at least 100,000 I will still bet on one or two coins to surge, such as $TRUMP and $OKB

A 5-minute rapid surge of over 20% can be shorted. A pullback of 3 to 5 points is very likely. If you don't make money within 15 minutes, you need to close the position, otherwise you will get stuck. $LAB earned 200, set a take profit, and only took 20 seconds.

$ZEC I don't know its limit But the harder it rises, the harder it will fall Shorting opportunities are better than going long, but I don't recommend anyone to trade at this position, whether long or short.

I recommend everyone to read this book, start learning from candlestick charts. "Japanese Candlestick Charting Techniques"

$ARB practical analysis, bullish, go long not short 💌 Based on the following considerations: 1. Ranked first in 24-hour gain list, very popular; 2. Trading volume over 400 million; (be cautious with volumes over 100 million) 3. So far, it has been a steady rise without rapid surges; 4. The 15-minute candlesticks are not long enough. Even so, as long as a slightly longer 15-minute candlestick appears, there is a high probability of a short-term pullback, around 1 to 2 hours. For bullish altcoins, the timing for shorting is very limited; if you can't make money within 15 minutes to 1 hour, you should close the position. 💌 Previously, my judgment on $USELESS was correct; without a longer 15-minute candlestick, for it to drop, many shorts must be liquidated and many short stop-losses must be hit, which is the premise for a decline. Why? I'll explain more in a later post. 🥲 But I really dare not go long on altcoins, I don't have that trading habit; the idea was right, but the execution didn't follow. 💌 Still holding on, today I am also thinking about how to adjust my trading approach. The chart below is the $ARB 15-minute candlestick chart; by tonight, we'll know if what I said is right or not, might be proven wrong.

❤️‍🩹Some thoughts: 💌$BTC I have a rough prediction that by the end of December it can at least break 100,000. Whether it can reach 120,000 or even higher is uncertain. Even if it goes up, it will come down again, and maybe next time it can stabilize at 70,000. Why? Because it is a cryptocurrency relying on cryptography. Assuming it breaks 100,000 in December, there are 4 months left, meaning it needs to increase by 10,000 per month, or 5,000 every half month. This is just a rough calculation. So, having just broken 80,000, will it quickly break 85,000? I don't think so. In the next few days, small fluctuations and steady rises are the norm. 💌Regarding altcoins: Based on the big coin's trend, many altcoins will surge crazily. The opportunity to short only comes when the big coin is consolidating. If the big coin rapidly pumps in a short time, 95% of coins can't escape. Therefore, going long is better than shorting; if you want to short, it must be when it fully shows its own downtrend, like $CAP these past two days. That doesn't mean it won't rise; even if it goes up, it is still falling. 💌About $USELESS Now with trading volume over a hundred million, my view is that anything over a hundred million needs caution; It hasn't had a long wick yet, indicating many stop losses and short positions haven't been triggered, so short-term decline is unlikely; If no wick appears and it continues to rise slowly, then there is still much room to grow; If a long wick appears, that means it is going to fall. So its position must be light. To avoid missing opportunities, only buy a little, set stop losses at as low a level as possible to prevent large losses from wicks.

$BTC is about done for tonight, it should consolidate sideways for a while. This time the 80,000 level might hold, no shorting. When Bitcoin hits a big round number, it's the suffering time for all shorts. Today was okay, lost 20,000, but the empire remains. After half a month of struggle, it was all for nothing 🤦

$BTC is firmly bullish and stabilized at 80,000 in September, there will definitely be fluctuations; $USELESS I've actually been watching it for a long time, previously shorted around 0.07 I didn't expect it to rise beyond my expectations, actually I should have closed my position earlier; $CAP finally dropped, I reduced my position once today, set a limit order afterward, no extra funds, only invested a few hundred U But once I close my position, I have no extra funds to buy in, because it can only leverage up to 10x at most, so I can't buy much, can only use 5x leverage, which occupies a lot of capital. My stop loss is still far away, if it hits, the last half month was just wasted effort, but the foundation is still there.

Over 30,000, steadily moving forward Woke up this morning and made two small trades $BTC $TRUMP are both long-term The others are basically medium to long-term, closing positions based on specific situations before reaching take profit

$GIGGLE made some profit $BTC I still see it breaking 80,000 soon $TRUMP I firmly believe it will soar 29,000 now 😊