😂 In fact, many macro and information-based trades are like this.

CN
Phyrex
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1 day ago

😂 In fact, trading based on macro and information aspects is often like this. Whether it's CPI or geopolitical conflicts, or even the arguments between Trump and Biden, they are essentially part of the information landscape, and whether this information affects the short term or long term depends on the persistence of the information.

Regarding this geopolitical conflict, I am not opening a position simply because it is clearly not over yet (even though I mistakenly thought today was Saturday). At this time, the subsequent trend is still unknown. If it just fizzles out, I will look to bet on a rebound later. If the conflict escalates, I may adjust the amount of my pending orders.

I don't see any problem with looking for positives when the market rises and negatives when it falls. If I don't understand the reasons behind the positives and negatives, then for someone like me who completely cannot read technical analysis, it becomes very difficult to judge the timing of entry and exit.

For example, going long at $101,000 was based on the assumption that the argument between Trump and Biden wouldn't last too long. But if I didn't know it was because of the argument, would I dare to take action in the face of such a rapid decline? Additionally, going long on April 10 was also because Trump announced a 90-day suspension of tariffs on countries other than China, which reversed market sentiment.

So I believe the essence of trading is to find your own basis for judgment and to be able to make money based on that basis. There is no absolute right or wrong. Just like many friends say, this decline is purely because the market rose too much and the big players want to take a cut. I don't oppose that reasoning; if you believe it is correct, then that's enough.

This post is sponsored by @ApeXProtocolCN | Dex With ApeX

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