Last night, I went long at around 0.1485, but I only hit a little profit at the target level before being stopped out. Currently, this position is temporarily in floating loss.
The key is today’s afternoon trend—if a bottom divergence appears and a bottom is tested, there will be an opportunity to add to the position. Before the North American market opens, if you can break even or keep floating loss within 1% of the principal, you can consider stop-loss or take profit.
If the price continues to break down with increased volume tonight and cannot recover, you must exit if losses exceed 2% of the principal; don’t hold on. Honestly, there’s no need to hold this position long-term; it’s a short-term trade.
The operational idea is as follows: you can place an order at 0.1395 first. If tonight’s bottom forms a bottom divergence with the current bottom, and trading volume reverses upward, you can add another position. Then follow the risk management logic outlined above.
By the way, DOGE’s story has been weakening recently. In the long run, it’s possible to remove it from the list of regular contract assets. Let’s finish this position first.
Risk warning: Trading risks in the secondary market are at your own risk.
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GweiTooHigh
· 5h ago
Another trapped story... Can this time be turned around with bullish divergence? Let's see.
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LiquidationWatcher
· 5h ago
0.1485 entered long and got trapped, it hurts a bit, this is the cost of short-term trading.
Floating loss and still adding positions? Quite bold, but the 2% stop-loss line is indeed clear.
The story of DOGE has weakened, sooner or later it will need to switch to a different coin.
It's hard to say whether this wave can break even or not, let's see the real performance in North American markets.
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DogeBachelor
· 5h ago
Hey, this order really underperformed a bit; I feel like I entered at 0.1485 a bit early.
If it breaks down, you must run; stop thinking about turning it around all day.
I'm also watching the 1395 level; just see if there's any divergence.
I agree that the story behind DOGE has weakened, but it can still be played in the short term.
A 2% stop loss is very rational, much better than those who hold on through the pain.
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Blockwatcher9000
· 6h ago
Got caught again. This wave of the market is a bit tough. But the risk management is still solid; just stick to the 2% stop-loss line.
The observation that DOGE's storytelling is weakening is quite interesting; indeed, its popularity hasn't been as high recently.
Wait for the bullish divergence, that order at 0.1395 could turn into a huge profit.
This kind of short-term trading really tests your mentality. Hope it doesn't continue to drop tonight.
Feeling like DOGE is gradually becoming less useful. Maybe it's better to switch to a different track?
DOGE Contract Operation Follow-up Record
Last night, I went long at around 0.1485, but I only hit a little profit at the target level before being stopped out. Currently, this position is temporarily in floating loss.
The key is today’s afternoon trend—if a bottom divergence appears and a bottom is tested, there will be an opportunity to add to the position. Before the North American market opens, if you can break even or keep floating loss within 1% of the principal, you can consider stop-loss or take profit.
If the price continues to break down with increased volume tonight and cannot recover, you must exit if losses exceed 2% of the principal; don’t hold on. Honestly, there’s no need to hold this position long-term; it’s a short-term trade.
The operational idea is as follows: you can place an order at 0.1395 first. If tonight’s bottom forms a bottom divergence with the current bottom, and trading volume reverses upward, you can add another position. Then follow the risk management logic outlined above.
By the way, DOGE’s story has been weakening recently. In the long run, it’s possible to remove it from the list of regular contract assets. Let’s finish this position first.
Risk warning: Trading risks in the secondary market are at your own risk.