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I don't know how my little brother who just followed me is doing with his Ether order.
The fan brother's short order at 2835, when he commented on me it was at 2935, Bitcoin surged to 122000, and when Ether broke 3000, Bitcoin started to pull back. I feel that this short order is actually quite unfavorable. 1. After all, it is impossible to determine whether the altcoin season will still exist. If it does, it would be normal for Ether to surge to 4000 or 5000. 2. Bitcoin repeatedly breaks new highs, while Ether has not exploded at all in this bull market. Shorting at 2900, it still has a potential of reaching 3900 or even 4900. The uncertainty is too high, so why take the risk?
For those who follow orders or check the real market, it's advisable to be steady.
It's really not easy for me to get my 5000u back in the market. Currently, I'm using low leverage, looking to achieve a compound return of 30%-60% each month, and spending a year to see if I can hit a 100-fold return again. I've reduced the risk by 10 times compared to that 100-fold return from a few years ago, and I'm being even more cautious, ignoring many tempting market trends and choosing to stay out of the market. Otherwise, I would have shorted with my 3000. Some orders have uncertain factors, so there's no need to chase after that little amount of money; holding onto a few hundred dollars is quite uncomfortable.
This time, as I mentioned a few days ago, Ether is moving in a one-sided market. When Bitcoin falls, it will rise; when Bitcoin rises, it will accelerate even more. A few days ago, I hinted both directly and indirectly that Ether's short positions should be avoided as much as possible, and I don't want to touch long positions either. After all, I've been involved with Ether for about seven or eight years now. This wave is somewhat reminiscent of the bull market I experienced four or five years ago, where Ether moved unidirectionally from 1700 straight up to over 4000 without a retracement, then went sideways, and in just one day dropped to 2000. Therefore, I won't short at 3100, and I would be cautious about shorting at 3200 and 3300. When the situation becomes extreme, the amount of liquidated funds increases. I feel that during slight pullbacks, I would only operate with at most one-tenth of my position in Ether, aiming for a profit of around 10% before settling. Besides Bitcoin, there are no highly certain situations. In extreme cases, I won't even take any Ether orders with one-tenth of my principal.
In contrast to my short position on Bitcoin, I opened a short at 117,000. In the past few days, I have been pulling back to the cost price, with forced liquidation nearing 150,000. Without the risk of forced liquidation, using a small leverage, I can trade back and forth easily. If the price returns to the opening price of 117,000, I would have earned a 20% return on my principal. However, there’s no risk of forced liquidation; the key is risk management. Ensuring the safety of the principal so that I can sleep well is what matters most.
It's just a few days of real trading, using small leverage and choosing key positions to enter the market. I think a 30%-60% return in a month is quite stable, so I'm sharing the real trading of my small account for everyone to observe. You can take note of forced liquidation, adding or reducing positions, and entry points as a reference.