8/20

Let's do a review of yesterday's market, it was actually exactly as expected.
Yesterday morning I called for a long position, and the strategy allowed us to take a reversal at 4220. Then the take profit positions for the short position were set at 4105 and 4075.
It also suggests that if the pullback does not break 4070, one should close the short position and take a long position, with long positions having a profit of 200-300 points.
Then in the evening, I opened short positions at 4322 and 4355, and took profit at 4273.
Yesterday's strategy was already perfect. If we had fully followed the strategy for taking profits and cutting losses, we could have made 400-500 points in a day.

Unfortunately, the process of the drop from 4220 to 4105 went through two rounds of consolidation, which left me confused. Not only was my short position shaken out, but I was also worried it was a trap to lure in buyers. I thought, what if it really is a trap, and if the U.S. stock market crashes, it won't hold at 4070, which made me hesitant to go long, so I missed out on this wave of over 200 points in profit.
Then, after the market surged, I didn't chase the long position directly and left a relatively wide gap, but fortunately, I managed to take profits smoothly. Yesterday morning, I had already gone through the day's market expectations in my mind. The different strategies provided at different times were actually fine, but unfortunately, I didn't capture everything.
I made 80 points on long positions during the day yesterday, 20 points on short positions during the day, and 80 points on short positions in the evening. Then there is still a short position that just entered at 4368. I wonder how my friends are doing? At least we didn’t lose in extreme market conditions, right?
#加密市场回调# #杰克逊霍尔会议# #Gate Alpha空投ESPORTS#