Many people, even knowing that a rate cut might lead to a big drop after the initial rally, get margin called before dawn or become overly aggressive in their positions, leading them to cut losses at the first sign of a surge. As a result, they all lose just before the dawn. We need to manage our positions well and ensure that our liquidation price remains in a safe zone.
I respect the market and won’t think about beating it every time; at least I will never be a loser to the market. The subsequent trend is generally somewhat boring, and the forecast is:
A slow decline. If there is a reversal, set a break-even stop-loss, and then re-enter short at a higher level. This won't change the downward trend. Remember, the forced liquidation price must be above 4000, so even if you forget the break-even stop-loss, you won't panic. I plan to hold this position until next year. We are approaching the end of the semester, and I don’t want to fail. I want to have a good New Year, so I need to focus on studying. Wishing everyone a happy life.
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Many people, even knowing that a rate cut might lead to a big drop after the initial rally, get margin called before dawn or become overly aggressive in their positions, leading them to cut losses at the first sign of a surge. As a result, they all lose just before the dawn. We need to manage our positions well and ensure that our liquidation price remains in a safe zone.
I respect the market and won’t think about beating it every time; at least I will never be a loser to the market.
The subsequent trend is generally somewhat boring, and the forecast is:
A slow decline. If there is a reversal, set a break-even stop-loss, and then re-enter short at a higher level. This won't change the downward trend. Remember, the forced liquidation price must be above 4000, so even if you forget the break-even stop-loss, you won't panic.
I plan to hold this position until next year. We are approaching the end of the semester, and I don’t want to fail. I want to have a good New Year, so I need to focus on studying. Wishing everyone a happy life.