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【Today’s Trading Review】Loss of 22U, current balance 1.32.
The market has indeed been quite dull recently, somewhat like the period of decline that a certain leading exchange experienced in previous years. Liquidity on BSC has been almost entirely diverted to other public chains, with only a few new projects worth watching each day; the rest are basically zero-volume pumps.
Today, I entered four positions in total, let's review them one by one:
**Position One - BURN**: Followed a recommended entry from a关注 account. His previous recommendations performed well, so I wanted to catch a wave this time too. Unexpectedly, I got caught right after entering, even added to the position once in a short period, but woke up this morning to find continuous sell-offs and trading lag, ultimately losing 66% and cutting losses. I still wanted to chase new tokens, so I didn’t want to be trapped and affect my mindset. Later, I found out that the account had already deleted its Twitter.
**Position Two - Little Fire Man**: Entered an OG position right after a new project launched, took some gains when it rose a bit, and didn’t hold on too long. Later, it indeed dumped, but I made about 4U profit from this.
**Position Three - He Yi**: The story was good, but I didn’t consider the market’s real liquidity at all. Normally, when liquidity is abundant in the first three days, you can’t get tokens at a price over 10,000. When the market slightly retraced, I rushed in, and it dumped as expected, losing 46%, about 20U. I didn’t execute my -30% stop-loss plan properly this time.
**Position Four - SZN**: A pool token in the USD1 ecosystem. That day, I didn’t pay much attention to market news or do in-depth fundamental research, just looked at the newly created page, but the USD1 pool quote wasn’t even open yet.
The key is to learn how to adjust your rhythm in environments with tight liquidity and not get blinded by FOMO.