My wife is now pregnant, and she can't take out a few thousand yuan. After paying the mortgage and rent with her salary every month, there is hardly any money left for the two of us to live on. Meanwhile, my achievements in trading remain fruitless. I feel a bit anxious and momentarily dazed. Can I really reach the other side on this trading path?
I reviewed my past operations again and found that sometimes being in cash and the actions taken when opening positions were correct, but I tend to operate while holding positions, increasing my loss, averaging down, changing stop-loss and take-profit orders, altering leverage ratios, etc. In the end, sometimes as I keep changing, the position's risk tolerance decreases. The volatility that I could originally withstand strikes again, and I am powerless to resist. The market goes where it should, but my position has already disappeared. This is a serious issue that needs to be corrected.
The next trading plan is to wait for Bitcoin to rebound and short at the death cross. $BTC
BTCUSDT
Perp
89,548.7
-0.19%
