The morning forecast was pretty accurate, and indeed it moved slightly higher in the afternoon, with a confidence level of about 65%. Seeing ETH already surge to around 2977, which is a relatively high level, I didn't get too greedy and only opened 5 positions to test the waters. Later, I felt the momentum was good, so I added 2 more positions. I set the take profit at 2994, planning to lock in profits at that level.
The upcoming plan is as follows: I expect the price to reach around 3050 before opening a short position. I have already placed pending orders at key levels, just waiting for the trigger. Based on the current pattern, I believe there will be a pullback after 10 PM, and I give this a confidence level of 70%. Morning analysis guides the afternoon operations, and there is some skill involved. This staged approach at high levels is much safer than going all-in at once.
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PerpetualLonger
· 7h ago
65% confidence level basically means you're not really sure and are just making up stories, haha
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Rugman_Walking
· 7h ago
Staggered deployment is indeed more stable than going all-in at once, but a 70% confidence level basically means there's still some gambling involved. Hopefully, the dip at 10 o'clock won't let us down.
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SigmaValidator
· 8h ago
Wow, this technique is really steady. Gradually adding to the position is a whole different level, much better than those all-in shots.
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DaoGovernanceOfficer
· 8h ago
*sigh* empirically speaking, this is just personal account management theater masquerading as strategy. where's the data on your historical win rate? the literature on position sizing suggests your 65-70% confidence metrics lack rigorous backtesting methodology.
The morning forecast was pretty accurate, and indeed it moved slightly higher in the afternoon, with a confidence level of about 65%. Seeing ETH already surge to around 2977, which is a relatively high level, I didn't get too greedy and only opened 5 positions to test the waters. Later, I felt the momentum was good, so I added 2 more positions. I set the take profit at 2994, planning to lock in profits at that level.
The upcoming plan is as follows: I expect the price to reach around 3050 before opening a short position. I have already placed pending orders at key levels, just waiting for the trigger. Based on the current pattern, I believe there will be a pullback after 10 PM, and I give this a confidence level of 70%. Morning analysis guides the afternoon operations, and there is some skill involved. This staged approach at high levels is much safer than going all-in at once.