Yesterday's SOL short position finally turned the tide. In this market, the big players love to make moves while we're sleeping; pushing up or crashing the market in the early hours has become routine.



I missed the 148 level, and by the time I woke up, it was already around 145.5. I quickly added to my position to lower the average cost. During the day, as the market retraced, I closed most of my positions at a profit, leaving some to let the bullets fly further.

To be honest, the most important thing in trading is to think clearly about your position size. Whether it's the initial entry or adding positions, my rule is to never exceed 10% of the total position in a single move. The benefit of this approach is that, whether you're caught in a long or short position, you always have enough room to find a better exit point.

When the market is hot, it's easy to become overly optimistic; during downturns, it's easy to fall into pessimism. Both pitfalls should be avoided. Regarding stop-losses, they are not inherently wrong, but often, in the process of stopping out, you also miss the opportunities you should have seized. The problem is not whether you see the right direction, but whether your method is correct.

With a reasonable position size and proper pacing, you can gradually turn unfavorable situations around through careful operations. So far this month, I have maintained a zero-loss record. Keep it up!
SOL2,39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
GasWhisperervip
· 5h ago
nah the real move is watching mempool patterns while these dudes sleep... that's when the actual inefficiencies surface fr
Reply0
BlockchainFriesvip
· 5h ago
Early morning sniping is really awesome. I've also experienced that feeling of being toyed with by the market makers haha
View OriginalReply0
LowCapGemHuntervip
· 6h ago
Alright, this move was indeed clear-headed; I wasn't fooled by the early morning pump.
View OriginalReply0
MetaverseVagrantvip
· 6h ago
That tactic of crashing the market in the early hours is really top-notch; I'm always getting played like this.
View OriginalReply0
IfIWereOnChainvip
· 6h ago
That move to dump in the early morning was really brilliant; I went to sleep and my account was just harvested haha
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)