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#btc
In February, I reached the top in my live trading for the first time this year.
In February, I became a star trader.
In February, I ranked first in the star trader competition (pre-booked).
This February has been enough; I’ve decided to take a break while I’m ahead. Not everyone can recognize me, and I don’t need everyone’s approval—I only need followers!
Starting in March, I will be more quiet and focus on trading. In February, I gained many followers (believers) who confidently chose me during this volatile period—I will definitely not let everyone down. Trust in me equals rewards; time equals space.
This year’s market is different from before. In the past, Ethereum’s daily fluctuation of 50 to 60 points was rare to break 100; now, it’s a daily rise or fall of 100 to 200 points, even 300 points. Bitcoin used to fluctuate 1,000 to 2,000 points a day; now, it’s 5,000 to 6,000 or even 10,000 points. Previously, the biggest swings were caused by Federal Reserve rate hikes or cuts; now, a single news event can cause huge volatility.
So, the stop-loss levels are larger than before. In the past, 15 to 20 points would be enough; now, 45 to 50 points can lead to a loss. As a result, the win-loss ratio has clearly decreased. Even if the direction is correct, losses can happen easily.
If you don’t set a stop-loss and hold positions, the consequences are even more severe, with the risk of being liquidated by an 8% daily fluctuation at any time.