Before the New Year, I will no longer enter contracts. If I continue to enter the square, I will draw 10 people to distribute 1000 oil to everyone. This is to limit myself and also to have a good year. More importantly, the recent market has been very disgusting; the decline has no bottom line, and the rebound is very rapid. The market forces you to short and then directly rebounds, specifically targeting retail investors with high leverage.

Yesterday, I made 2000 oil in the public domain, and in the private domain, I finally pocketed 5200 oil. After deducting losses, without considering the handling fee, I ended up with about 5720 oil. If we consider the handling fee of about 1700 oil, I ended up with around 4000 oil. But what I did last night was really scary, because before the U.S. stock market opened in the afternoon, I lost about 4000 oil, all from going long. To make back 4000 is really not easy, and I opened all short positions afterward, without choosing a strategy.

These past two days have been profitable for short sellers; going long is really worse than a dog. In the second image, this old friend recharged 5400 oil to short and has already reached 31,000 oil. Simply going short without thinking is enough. I've already let him withdraw 25,000 oil today; there should still be around 7000 oil left. I told him to continue withdrawing 5000, leaving 2000 oil inside to play with. This is the strategy that allows us retail investors to keep some money. I do the same; if too much oil is left in the market, if you accidentally choose to hold the position, you'll end up with nothing.

This round of one-sided bear market has countless retail investors losing money; the dumbest Martingale strategy under this one-sided decline is a massacre. The most representative is the doctor, and the second notable one is the chicken father, who also lost over a million in this round of decline. Both ended up completely blown out. In a volatile market, holding positions appropriately can be acceptable, but if the range is broken, continuing to hold will lead to a dead end.

Most people are losing money; there are all kinds of situations. There is an old friend who recharged 1000 yuan, and with an additional 2000 yuan, accumulated losses of over 100,000. There’s another old friend whose principal was 120,000, and in this decline, it’s left with 40,000. The snowflakes of silver have all been given to the market, so how do we celebrate the New Year? Sometimes, we really need to reflect on the reasons for our losses: was it from holding positions or from all-in bets? If one strategy doesn’t suit you, change your approach.

Old friends, remember we came here to make money. If we are not making money, then what is the meaning of coming here?

I am preparing for the New Year. I wish my brothers safety in the market!! $ETH $BTC $BNB