And because of the high leverage, I dabbled in things I didn't understand. I saw some big shot post a little essay about Nvidia and went all in, only to get brutally taught a lesson by the market. I got stuck holding Pepe too. I don't want to write another essay reflecting on it. I'll pull myself together again. $NVDAB $PEPE #黄仁勋再被曝与下属婚外情,或遭董事会罢免
Don't offer your advice to just anyone unless they pay you or there's an exchange of value. Otherwise, they're not respecting you, and you come across as cheap. What matters in this process is respect: they pay a price to get your advice—whether it's life experience or investment strategies, there needs to be an exchange of value.$BTC #非农就业数据推升加息预期
$BTC At a position like this, whatever the trend, you have to take a shot. If you don't dare take a shot here, you might as well give up trading. Manage your position size properly—take the shot!#非农就业数据推升加息预期
The grind is real: If you don't believe in yourself, you can't become the strongest in the market. You have to lose enough money for the pain to teach you and help you grow. So the real strength of enduring the grind isn't technical skill—it's falling down again and again, reviewing what happened, reflecting, starting over, and sticking with it to this day. But how many retail traders can really do that? The reality is that many retail traders find it hard to get back on their feet after losing money... Not everyone has what it takes to endure the grind. Most retail traders only see other people's results, without knowing how much perseverance and effort went into them...
Live trading log: 1,000 starting capital, 76,000 long position at 10x leverage, 49.6% return. Happy that, a month after my last liquidation, I’ve finally built my account back up again. Last time, this kind of excitement made me careless. I went in aggressively with a large position and got liquidated. This time I have to be cautious. No more than 10x leverage, don’t trade too frequently, don’t be afraid of missing out, and don’t put all your bets on a single candlestick. The outlook is still bullish, and I’m holding my position.
The most important thing in trading is to put yourself in a position where you can’t be defeated. No matter how the market fluctuates, your positions should remain rock-solid. Stay constant to adapt to change, and keep going in this vast and turbulent market. Whatever methods you use, achieving this is the beginning of the trading journey.
This is why going all in, adding to positions when they’re in profit, and trading frequently are major taboos. Frequent, heavily leveraged trading takes away our ability to choose, leaving us to passively wait for the market’s blade to fall. If we get lucky and make a profit, we may secretly congratulate ourselves—but staking everything on a single candlestick isn’t trading; it’s gambling, and the house always wins in the long run.$NVDAB $AAPLB $MSFTB #美国中期选举倒计时,美股博弈窗口已开启?
The second trade broke the rules. I added to my position with 3,300 in principal, and the small profit I’d made has already been completely wiped out. I saw one 3-minute candle and dared to take a heavily leveraged, tenfold position, trying to catch a falling knife against the trend. Reflect. Reflect. $BTC #美国中期选举倒计时,美股博弈窗口已开启?