Recently, there has been a review of SOL contracts To be honest, SOL's contract is not that easy to work with. SOL is different from BTC Open 20 times, even if the SOL spot fluctuates by 1 US dollar, the fluctuation of the contract is significant. Because the spot price fluctuated by $10, around $9 or so, you went bankrupt. Although I have previously stated that the market will not be chaotic and there are very few black swan events throughout the year, which means that there are very few large fluctuations in spot prices at the daily level (over $10) But you make money quickly, and of course, you also lose money quickly. You may have incurred a loss in the previous 15 minutes, but ended up making a profit in the next 15 minutes. I often encounter such situations Firstly, let me explain how I made the SOL contract myself. Those who read my tweets know that I update SOL's URPD data almost every day The particle size of SOL is very fine because it is divided into 100 equal parts, which means the interval is only 3 dollars. Each position has its own accumulation of chips. I personally like to create a grid of price positions in my mind, such as a range from what price to what price, and where the huge pile of chips is located, Then find a range that I also accept will change. And the market is very price chasing and price cutting. That is to say, it is incorrect to be purely bullish and bearish. It depends on market sentiment, that is, BTC's market sentiment drives SOL, because there is currently no independent narrative for SOL, so more reference is made to BTC's sentiment, Of course, the independent narrative of SOL also needs attention, as it can affect emotions and affect prices. So judging from BTC's mood, I will not only pay attention to the macro and Trump's mouth, but also watch the bloggers' analysis of BTC, such as God, Brother M, etc Then, by combining the K-line, you can also understand the technical aspect. But it's more about emotions and emotions. Okay, let's talk about the mindset change of me directly doing SOL. Mainly to overcome oneself. Although I have made losses on SOL The worst one didn't sell out, but with a loss of over 80%, it's not much different from selling out. Then summarize the experience before setting off The conclusion is to dare to cut losses and not be greedy. Seeing this, friends may say, aren't you talking nonsense Seemingly nonsense, it's difficult to execute, especially with your obsession and greed. So now I basically don't know how to take on orders, even though I lost so much before. If I took on orders, I could still win, but now I just think about it, Dare to stop losses. As long as the principal is in place, look for opportunities again. After all, there are plenty of market opportunities. Speaking of the current situation, as shown in the picture, the expected shutdown, decline, and opening of short positions have reached about 50%. Yesterday was an empty order, luckily I ran fast and left after fluctuating around midnight. I had many orders during the day today, but unfortunately I couldn't catch them, Because how high has it risen now I just had a mental outburst and opened an empty ticket around 215. I am aware that the government shutdown situation is currently on the rise (to be seen next Monday). I want to eat the market trend of stairs, because pulling up is also the kind of ups and downs. What are you carrying now But I'm ready to check the position and stop loss. And then looking for opportunities. Especially as the weekend approaches, observe the market sentiment The shutdown will depend on the situation (next Monday), and labor data will also be released later. After all, the interest rate meeting is at the end of October, and there is still time, so there will definitely be repeated tug of war. Anyway, I try not to stay overnight. Let's put it here for now. Have a great holiday, my friends. Hahaha