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Loss of 3000, drawdown of 10%. On one hand, the funds for copy trading were decreasing at the beginning and increasing later. On the other hand, some positions were manually closed. The cumulative profit of copy trading is reset to zero. Let's take a moment to review.
Buy direction: do reversal, mostly correct
Buy opportunity: deviated, especially the more oversold the altcoin.
Position management: The biggest issue is that after multiple contrarian movements in the market, it becomes weak again. Making the wrong judgment led to using double leverage too early, and coincidentally just upgraded, adding another risk control constraint. As a result, even when the real bottom comes, I dare not use this account to add positions.
Sell timing: Due to the risk of the above position, reduce the leverage to half during the initial rebound.
Mentality: The pressure of managing others' trades is much greater than trading on my own. I only slept for two hours the night before yesterday. If it were purely my own trades, I would have let them go early, and the languid spirit also affected the trading rhythm.
Summary: Lower expectations and continue to maintain stability. Also, for those who are engaged in copy trading, as I have been advocating all along, please synchronize profit extraction with me. In the event of extreme market conditions, I can receive less criticism.