#贵金属黄金与白银刷新历史高位 Martin strategy pitfalls lie exactly here — it truly only suits two types of people: one is the pure spot trader, and the other is the wealthy who can continuously buy the dip with deep pockets. Recently, this market has been moving so rapidly that the price swings are almost unbelievable, sometimes changing direction every few hours. Once the leverage margin gets locked in, there's no room to maneuver.

My previous operations serve as a living lesson. When Ethereum was around 3200, the 1-hour candlestick chart stayed flat for an entire day. I was thinking of hedging to manage risk. The problem was — with an equivalent position, I could only open a $2000 short. In the end, I was defeated by my own overconfidence and gave up. As a result, I took the wrong position.

Looking back now, if I had persisted in waiting for a breakdown to hedge, and then allowed 4 hours for the bullish divergence to fully show, I might have been able to exit during the rebound. But the reality is, I knew what to do, yet executing it was another matter. 😂

So I advise everyone: leverage is such that once you're wrong on the direction, the space and time for a rebound often won't be available to you.