😂 When I withdrew from oil, I was almost 100% at most, and my funding rate was nearly reaching the amount of my order, which means if I don't increase my position, profits not exceeding 100% are basically all losses.
Especially in October, it should be the hardest part to get through. Even now I dare not say that oil definitely won’t rebound; this drop is mainly because the market bets that the Democratic Party would prefer to quickly resolve the issues with Iran more than Trump.
But whether it can be resolved and when it can be resolved is still unknown. After all, Trump is still President, and the transition between the two parties won't happen until early 2027, so there may still be a lot of uncertainty in between.
This long-term short position has taught me the biggest lesson that I cannot be greedy and should not chase funds casually; it is very important to take profits when adding funds at critical times. The correct time to increase positions is to judge that the Democratic Party will win the midterm elections.
A @Gate, trade more markets
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