“Reminiscences of a Stock Operator”: I reread it for the third time and only then did I understand that line—don’t touch minor price fluctuations.
Just after closing my position, my hand was still hovering over the mouse.
$HFT is now 0.013519.
In the past 24 hours, it’s down 62.26%.
Trading volume: 0.53 billion USDT.
This drop isn’t the scary part—the scary part is how many people are getting in and out, flipping back and forth.
Livermore said big money is waited for, not snatched.
I used to not believe that.
I kept thinking I could bite a little on every rebound.
In the end, fees took a bite, whipsaws took a bite, and stop-loss took another bite.
You can survive one big loss, but the wear from frequent trading can grind down your judgment.
Before a major move comes, you first have to stay alive.
But when it really arrived, I was still standing in the same place.
#HFT #投资哲学 #交易心态 #crypto
Just after closing my position, my hand was still hovering over the mouse.
$HFT is now 0.013519.
In the past 24 hours, it’s down 62.26%.
Trading volume: 0.53 billion USDT.
This drop isn’t the scary part—the scary part is how many people are getting in and out, flipping back and forth.
Livermore said big money is waited for, not snatched.
I used to not believe that.
I kept thinking I could bite a little on every rebound.
In the end, fees took a bite, whipsaws took a bite, and stop-loss took another bite.
You can survive one big loss, but the wear from frequent trading can grind down your judgment.
Before a major move comes, you first have to stay alive.
But when it really arrived, I was still standing in the same place.
#HFT #投资哲学 #交易心态 #crypto