Trader LYB

I’ve lost it all—this contract is in no way advantageous. With the remaining 600 U, I bought some coins and put them into a cold wallet.

1000U rise-0005 total assets 880U #交易 $BTC

So the Holy Grail is to make trades without losing money in the market #trading

Trading is really hard—especially with futures. It’s already been 9 years, and it’s still the same: continuous stop-outs lead to huge losses. Now my trading system is gradually taking shape, but with the pattern of making small profits and then small losses—followed by a big loss, then small losses again—later on the capital slowly decreases, and you also lose the motivation to keep going. The main problem now is that it’s easy to engage in revenge trading. After a big loss, you start thinking you need to make it back immediately. And the weaknesses of human nature really can only be compensated for by the trading system itself.$BTC #Trading

After trading for so many years, this year I only just felt that I’ve reached a psychological bottleneck in trading. Last week, because of revenge trading, I had a big drawdown—I somehow wouldn’t allow myself to lose, kept placing orders repeatedly, cutting losses, and in the end ended up losing a large amount in a short time. These past few days, I stopped to improve my money management and will try the 2% principle and the 6% principle. Single-trade losses must not exceed 2% of total capital, and daily losses must not exceed 6% of total capital. As long as you follow these two rules, it’s all safe. The 2% principle is like a shark, and the 6% principle is like a piranha. #trading #BTC$LSK

Huge crash—you can’t imagine $BTC
##美联储加息是否已成定局

$LSK This wave has also made a lot of people huge profits. I didn’t expect it to rise to 2.3. The trade opened at 0.21 yesterday, and I stopped out. Today it’s able to climb to 2.3—10x in a single day

Have enough confidence to enter.
Have enough skeptical spirit to define where you were wrong.
Have enough patience for the trade to develop.
Have enough detachment to exit when the evidence changes.
Trading needs conviction, not obsession.
#合约 $BTC

First, we use the number of trades to gauge experience, then use years; later, we measure it by how many bull and bear cycles you’ve gone through. But in the end, you’ll find that you can’t create trading skill based on “time and experience” alone. Real trading experience isn’t built only by what the market puts you through; it’s built by what you learn from it and, just as importantly, what you stop repeating—so that you become a truly seasoned trader.
$BTC #合约爆仓

$USELESS let's leave it like this tonight, let's eat through a round, and slowly play the contract trade#contract trading

Time to sleep. Looks like there wasn’t much of a market movement today $USELESS #交易 #trader

Stopped out 16 times in a row—there’s really no one worse than me. If it weren’t for the small losses, I’d really have gone to zero. $BTC #trading

When $USELESS is correct, the position must be increased to make big profits, and the capital can move up to the next level.

The right scale must be big enough, and the wrong scale must be small enough, so that the trading game can keep going on $USELESS #trading

A losing trade does not need a winning trade to fix it.

Sometimes the smartest move is to:
Accept the loss.
Reduce the risk.
Stop trading.
Come back tomorrow.

When you are in trading trouble, first put down the shovel.$USELESS #ZEC续刷历史新高

$MARSCOIN This wave was also really satisfying to enjoy

Caught a wave of $B

One idea that has been very useful in changing my trading habits these past two days is about missing market moves. People always say missing a move feels worse than losing money, but in reality, as long as you don’t place an order, there is no actual loss. Remember, if you don’t place an order, you’re just watching from the sidelines; there is no loss and no cost.

The real cost is never missing out; it is being wrong.
Missing out just means you didn’t make money, while being wrong is what truly loses money. Many people can’t tell the difference between these two things and always feel that failing to catch an opportunity is the same as losing money.

Then, because of regret, they rush to find the next opportunity to "make it back," and as a result they enter the market when their emotions are at their least stable, making it very likely they’ll be wrong. That mistake is when the real losses begin. The principal is gone, and their mindset is broken too—losing on both fronts.

One of the fairest things about the market is this: there is never a shortage of opportunities.
The move you missed this time will be followed by another one later. If you didn’t make it this month, there will be new ones next month. As long as you are still here and your capital is still here, opportunities will always be there.

But if missing out throws off your rhythm and you force yourself to chase or gamble, then you may still be here, but your capital may no longer be.
$USELESS

I topped up 1,490 U last month as principal. I converted 10,000 RMB, and after losing, I only had 12 U left. Then I switched to withdrawing to a cold wallet. Last night, I withdrew the coins accumulated in the cold wallet. After I sold them to pay off my credit card, I had a Qingming dream. I woke up at around 4:00 a.m., grabbed my phone, and checked the market. At that moment, I felt impulsive—thinking I could double this round of money and pay off my loan. But my past experiences reminded me that in this kind of moment it’s very easy to end up at zero, because I only thought about profit and didn’t consider how much I could lose. Before placing a trade, had I actually prepared for how much I was willing to lose? I hadn’t thought about it. Then it occurred to me: trading is a game of losing less. Losing less is the real kind of profit—so I held back.

Later, I saw that if I had actually placed the order then, I would’ve been stopped out. The market also genuinely didn’t move in the direction I expected, and it kept going wrong for me several times. Then another sentence reminded me: I was only watching and missing opportunities, but I hadn’t actually incurred a loss. So why should I be anxious about missing out? I hadn’t lost money. So I held back.

From around 4 a.m. to a bit after 6, I missed a huge wave of upside action. But again, I told myself: I didn’t have any actual loss—so I held back. After seeing a big surge followed by a sharp drop, I predicted that the move might be over and that a reversal was coming. I saw an opportunity, placed an order, and it almost instantly started to get me back on track—profit nearly recovered. I closed the position immediately. The whole holding time was only 3 minutes. Price drops often move faster than price rises because human fear spreads quickly, so short positions usually need to be closed as soon as possible. Plus, my past experience told me that after making a big gain, I should withdraw and stay away from the market. So I immediately withdrew both the principal and the profits, then paid off my credit card in full right away. And yes—I really did what I had wanted at the time: make a big profit and then repay. Trading is just that hard. #trading #trader$AKE