The market two days ago indeed provided many opportunities. During the rapid surge in the early morning, market sentiment was high, but we still maintained a cautious attitude. We did not blindly chase highs during the daytime trading session; instead, we positioned ourselves with short positions at key levels to take profits. By evening, as the trend shifted, we switched to long positions and gained a second wave of profits.
This is the core of trading — being both perceptive and flexible. Markets are always changing, and stubbornly sticking to one direction is the easiest way to get wiped out. Mainstream assets like Bitcoin and Ethereum are highly volatile, which makes risk control and dynamic position adjustment even more important.
When macro indicators like the US Non-Farm Payrolls are released, markets often experience intense fluctuations. Locking in profits in advance and having contingency plans are the ways to survive longer.
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Frontrunner
· 14h ago
That's right, the past couple of days have indeed been a test of mental resilience, but I can see that your approach to re-entering the market shows some skill.
Wait, how do you predict data of this level like non-farm payrolls? Do you rely purely on intuition?
I've always said that chasing highs is the easiest way to get caught holding the bag. Seeing you short during that period, I felt much more at ease without any guilt haha.
By the way, if $BTC hadn't set proper stop-losses this wave, a gap could have directly pierced through three levels of support—too intense.
Flexible position adjustment is indeed the key to longevity, but most people are still greedy, holding onto a position until liquidation.
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NFTBlackHole
· 14h ago
Yeah, you're right. This wave really made a profit without bottoming out, and the key is not to be greedy.
That second entry was perfect; I tend to get wiped out easily when I hold too many long or short positions.
When the non-farm payroll data is released, big fluctuations are inevitable. Locking in profits is always the top priority.
BTC has really been testing the bottom support these days.
Honestly, the biggest fear when shorting is a reversal. How do you determine the entry point?
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DataBartender
· 14h ago
Haha, those who bought the dip are definitely feeling proud this time. I'm still debating whether to chase or not.
I'm just worried that non-farm payroll data might trigger a reverse move again, it's exhausting.
Honestly, sticking to one direction for too long can easily lead to losses.
Flexibility is the key, but it's easier said than done.
Are there any brothers who stepped on a landmine this time? I'd love to hear about it.
With such big fluctuations in the data, I think we still need to stay cautious.
Eating gains twice sounds great, but the risk is probably doubled too.
Yes, risk control is indeed essential; otherwise, it will eventually go back to zero.
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DeFiCaffeinator
· 14h ago
The wave in the early morning was indeed fierce, but seeing you reverse your position and still make a profit—that's what a real trader is all about.
Exactly right, the market can change instantly; when the non-farm payroll data is released, it explodes immediately. You need to be flexible.
The biggest risk in making money is sticking to rigid rules. Holding both short and long positions at the same time can result in no gains at all.
Making two profitable trades shows some skill; I need to learn how to switch flexibly like that.
But speaking of which, how do you determine the exact moment when the trend shifts? Your timing seems incredibly accurate.
This move looks simple, but how many trades do you need to practice to reach this level?
The market always offers opportunities; the key is not to be greedy. Your approach really has a long-lasting edge.
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ImpermanentPhobia
· 14h ago
Non-farm data causes a crash immediately after release. Only at such times can you see who truly knows how to trade.
That's right, sticking rigidly to one direction can easily lead to liquidation; flexible switching is the key to survival.
I was also involved in that early morning move, just didn't dare to chase. I really envy you for taking advantage of the secondary gains.
With US data so volatile, taking profits early really saves lives.
Volatility brings more opportunities, but the psychological barrier is also tough to overcome. Not everyone can trade as steadily as you.
That's probably why most people end up losing money—greed causes everything to vanish in an instant.
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PessimisticOracle
· 14h ago
It's the same old tune again, saying the right things but feeling like I've missed out on a lot of gains.
Something's off—non-farm payroll data underperforming expectations but still able to rally again?
I really didn't keep up this time; watching others profit while I eat rice noodles.
A bit regretful for not holding onto the short position, watching the rebound happen right in front of my eyes.
Honestly, I tend to chase highs in this kind of market; I need to change this bad habit.
The market two days ago indeed provided many opportunities. During the rapid surge in the early morning, market sentiment was high, but we still maintained a cautious attitude. We did not blindly chase highs during the daytime trading session; instead, we positioned ourselves with short positions at key levels to take profits. By evening, as the trend shifted, we switched to long positions and gained a second wave of profits.
This is the core of trading — being both perceptive and flexible. Markets are always changing, and stubbornly sticking to one direction is the easiest way to get wiped out. Mainstream assets like Bitcoin and Ethereum are highly volatile, which makes risk control and dynamic position adjustment even more important.
When macro indicators like the US Non-Farm Payrolls are released, markets often experience intense fluctuations. Locking in profits in advance and having contingency plans are the ways to survive longer.