#美联储降息 $ETH is around 2955, I decided to take profits first.
This is the rhythm of swing trading — take the profit when there's meat, don't be too greedy. No matter how fierce the bears are, I still need to survive as a bull. Tonight's market doesn't have any particularly bright spots; it's just 95 dollars away from the 10,000 integer level, but I think it's time to get in when it's right, and also to get out decisively when it's time.
Honestly, I don't recommend holding onto positions blindly. Strictly executing take profit and stop loss is the only way to survive long-term. I'll go set up low-level long positions later, waiting for future opportunities. Instead of fighting against the trend and holding on blindly, it's better to conserve bullets and go all in when a real opportunity comes.
That's how all traders should do it — as long as discipline is in place, there are always chances to make big gains. The market moves fast, but you need to keep a steady mindset.
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0xSleepDeprived
· 3h ago
Somewhat agree but not entirely. Take profit at 2955? I think the market could still push higher.
Honestly, holding positions isn't really an issue, but this time it feels a bit overly cautious.
The idea of conserving bullets isn't wrong, but I'm worried that hoarding too many bullets might cause us to miss out on a big move.
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OnChainArchaeologist
· 15h ago
Well said. The mindset of taking profits when things look good has really saved me many times. I now regret why I insisted on holding on stubbornly before.
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AlphaBrain
· 15h ago
I'm impressed with this guy's approach; taking profits in a timely manner can really help you survive until the next market wave, unlike some people who hold positions every day until margin calls or liquidation.
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OnchainHolmes
· 15h ago
Honest words, knowing when to stop is the tactic I appreciate most. The old method of holding positions until they turn is outdated; staying alive is the top priority.
There will be opportunities to lay ambush again, no rush.
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FUDwatcher
· 15h ago
That's reasonable; securing profits is the key to success, and holding onto losing positions is truly a death wish.
Exactly, staying alive is the way to make money. I've stopped playing the "hold and endure" strategy long ago.
Setting take profit and stop loss is like a trader’s amulet; without this discipline, bankruptcy is only a matter of time.
I like the rhythm of accumulating long positions at low levels; don't always think about grabbing the last piece of meat.
A stable mindset is really important; many people lose because of greed.
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GweiWatcher
· 15h ago
There really isn't much to discuss about take-profit and stop-loss; either you survive or you die, it's that simple.
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rugpull_ptsd
· 15h ago
Ha, I agree with the point about having meat to eat, but it's easy to burn your mouth on it.
#美联储降息 $ETH is around 2955, I decided to take profits first.
This is the rhythm of swing trading — take the profit when there's meat, don't be too greedy. No matter how fierce the bears are, I still need to survive as a bull. Tonight's market doesn't have any particularly bright spots; it's just 95 dollars away from the 10,000 integer level, but I think it's time to get in when it's right, and also to get out decisively when it's time.
Honestly, I don't recommend holding onto positions blindly. Strictly executing take profit and stop loss is the only way to survive long-term. I'll go set up low-level long positions later, waiting for future opportunities. Instead of fighting against the trend and holding on blindly, it's better to conserve bullets and go all in when a real opportunity comes.
That's how all traders should do it — as long as discipline is in place, there are always chances to make big gains. The market moves fast, but you need to keep a steady mindset.