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I'm still not sensitive enough to arbitrage; I need to keep learning! Seeing the price spikes, I thought it was a big player getting liquidated, but it turns out it was a series of spikes.
My own candlestick chart is set to 15 minutes by default, so I thought it was just one spike.
Well, congratulations to everyone who doubled their money and to myself for another lesson learned! 😭 In the future, when I encounter price spikes, I need to observe abnormal trading volume and the number of spikes!

The approach can be learned from, but the mindset needs to be cultivated!
While you might not make money next time, writing it down will at least increase the probability by 5%, right?
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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