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Using 2U as the base position to run a martingale strategy challenge with a plan of 10,000U, currently achieving a 489% return, but recently this trade really didn't meet expectations.
The strategy parameters are actually quite simple:
- Base position set at 2U (test version)
- Take profit at 1.2%
- RSI indicator combined with 5-minute K-line, open position when RSI crosses above 27
- The profit on this trade is 21U
Honestly, before the previous wave of KAITO was crushed, my long positions indeed made a profit. But this recent trend is really brutal, not even a decent rebound, just a straight downward move. I had almost already sentenced it to death at that point. Since I initially said I would follow until liquidation, I kept holding, waiting to see what would happen next.
What I’m most dissatisfied with is the latest opening point, frankly, I entered too high. Held through the entire day, but the price didn't show any signs of a rebound. I feel there’s still room to fall further; relying solely on technical indicators crossing certain levels to jump in was a mistake this time. This is also the hardest part of live trading—parameters are set correctly, but if the market rhythm doesn’t cooperate, you still have to cut losses.