This morning, I set up a long position at 71,000. The target was 71,800, which fell just short, leaving the position in loss. Fortunately, the market provided two averaging-down opportunities. First, I added to my long position around 69,400, and the market subsequently rebounded to breakeven with a 300-point profit, so I successfully closed half the position. Then the price dropped again to around 69,100, where I added once more. When the market rallied to around 69,900, I collected a 500-point gain, perfectly demonstrating how to turn around a loss—not only did I recover the loss but also captured an 800-point gain. Subsequently, I entered another long at 69,100 and exited smoothly at 69,800, capturing another 700-point gain. Since today's position was underwater, I spent the whole time managing it with no time to update the trading status. Today had fewer positions—3 trades total with profitable reversals ranging between 800-1500 points. As I always say, it's impossible to predict every trade perfectly; that would be supernatural. The best thing is to successfully reverse losses based on actual market movements.
Evening Analysis and Recommendations:
The support level has been broken. I suggest setting up short positions in the 70,000-70,800 range with light positions, reserving space for averaging down. Target: around 68,000.
Summary of Yifan's Report for the 19th:
This morning, I set up a long position at 71,000. The target was 71,800, which fell just short, leaving the position in loss. Fortunately, the market provided two averaging-down opportunities. First, I added to my long position around 69,400, and the market subsequently rebounded to breakeven with a 300-point profit, so I successfully closed half the position. Then the price dropped again to around 69,100, where I added once more. When the market rallied to around 69,900, I collected a 500-point gain, perfectly demonstrating how to turn around a loss—not only did I recover the loss but also captured an 800-point gain. Subsequently, I entered another long at 69,100 and exited smoothly at 69,800, capturing another 700-point gain. Since today's position was underwater, I spent the whole time managing it with no time to update the trading status. Today had fewer positions—3 trades total with profitable reversals ranging between 800-1500 points. As I always say, it's impossible to predict every trade perfectly; that would be supernatural. The best thing is to successfully reverse losses based on actual market movements.
Evening Analysis and Recommendations:
The support level has been broken. I suggest setting up short positions in the 70,000-70,800 range with light positions, reserving space for averaging down. Target: around 68,000.