Did a trade review, taking FARTCOIN as an example.
The general process is as follows: the environmental cycle repeatedly tests the support area, and I start to position myself near the pressure level of the previous highs. When the trading cycle breaks through the dividing line, I decisively enter the market, even though I initially endured quite a bit of drawdown.
Later, the market pushed up, nearing the previous high point area where the stop loss was set. At that time, I didn't wait for the stop loss to be triggered; instead, I manually closed the position before sleeping—it's better to take action proactively than to be forced into a stop loss.
This case actually reflects an important understanding in the crypto market: not all positions need to be held until the stop-loss price. Sometimes, observing risk signals in advance and adjusting positions flexibly is part of risk management. The combination of trading cycles and market conditions determines the quality of entry and exit.
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PanicSeller
· 12-24 02:55
I need to learn this trick of manually closing positions before bedtime, so I don't get trapped awake in the middle of the night.
Did a trade review, taking FARTCOIN as an example.
The general process is as follows: the environmental cycle repeatedly tests the support area, and I start to position myself near the pressure level of the previous highs. When the trading cycle breaks through the dividing line, I decisively enter the market, even though I initially endured quite a bit of drawdown.
Later, the market pushed up, nearing the previous high point area where the stop loss was set. At that time, I didn't wait for the stop loss to be triggered; instead, I manually closed the position before sleeping—it's better to take action proactively than to be forced into a stop loss.
This case actually reflects an important understanding in the crypto market: not all positions need to be held until the stop-loss price. Sometimes, observing risk signals in advance and adjusting positions flexibly is part of risk management. The combination of trading cycles and market conditions determines the quality of entry and exit.