【Au Diao 77·Daily Review】The Joy of Cutting Losses
Today when BTC fell to 76888, my previous long position was stopped out. I lost 15,000.
But I’m happy.
Why? Because I followed the rules strictly. Before entering, I set my stop-loss. Once it hit, I cut—no hesitation, no “wait a bit longer,” and no “it’ll probably bounce.”
In the past, I would have held the position. I would think, “It’s already down this much—it should bounce,” and then I would carry the loss from 15,000 all the way to 50,000. By the time I finally couldn’t take it anymore and sold at a loss, it would rebound right after.
Now I understand: a stop-loss isn’t losing money—it's paying for insurance. A 15,000 stop-loss protected the rest of my capital. If I had held, I might have lost 50,000—or even more.
There’s a saying in trading: “Those who know how to buy are apprentices; those who know how to sell are masters; those who know how to cut losses are ancestors.”"
Today I acted as an ancestor.
15,000 in tuition was worth it. Because I proved again that I can control my own hands—I can execute the rules strictly.
In this market, only people who can control themselves can survive to the end.
——Au Diao 77 | Crypto live trading, gains and losses—real records
$BTC #止损 #交易复盘 #熬雕77
Today when BTC fell to 76888, my previous long position was stopped out. I lost 15,000.
But I’m happy.
Why? Because I followed the rules strictly. Before entering, I set my stop-loss. Once it hit, I cut—no hesitation, no “wait a bit longer,” and no “it’ll probably bounce.”
In the past, I would have held the position. I would think, “It’s already down this much—it should bounce,” and then I would carry the loss from 15,000 all the way to 50,000. By the time I finally couldn’t take it anymore and sold at a loss, it would rebound right after.
Now I understand: a stop-loss isn’t losing money—it's paying for insurance. A 15,000 stop-loss protected the rest of my capital. If I had held, I might have lost 50,000—or even more.
There’s a saying in trading: “Those who know how to buy are apprentices; those who know how to sell are masters; those who know how to cut losses are ancestors.”"
Today I acted as an ancestor.
15,000 in tuition was worth it. Because I proved again that I can control my own hands—I can execute the rules strictly.
In this market, only people who can control themselves can survive to the end.
——Au Diao 77 | Crypto live trading, gains and losses—real records
$BTC #止损 #交易复盘 #熬雕77
