#美国中期选举落幕，美伊局势或迎新变数 Haha, another course where I pay to trade for myself. I got liquidated for 9,000u while trying to buy the dip in Korean stocks and SanDisk. I’ve given back all my profits for the year after working so hard. Sigh, it’s all because I was too greedy and didn’t manage my position size or cut my losses in time. I didn’t think that even after the monthly chart broke down, it could still drop 30% in a single day. This is way more brutal than crypto.
Lessons from reviewing my trades:
1. Control your position size. Control your position size. Control your position size.
2. Don’t focus on how much you can make buying the dip. Don’t just be greedy; don’t panic, and always stay humble.
3. If you’re opening positions in multiple coins, remember to use isolated margin. Cut off an arm to survive, rather than let the whole army be wiped out.
4. Set a stop-loss when you open a position. Sigh, holding onto a losing position is how you get liquidated. $SOXLB $SNXXB $KORUB has fallen too. Sometimes I think the greatest danger of liquidation is that it destroys your confidence and torments you. But it’s also a necessary part of the journey. I listened to Ao Ying’s interview. I’ll try to make fewer mistakes each time than I did the last time, and refine my trading style.
Lessons from reviewing my trades:
1. Control your position size. Control your position size. Control your position size.
2. Don’t focus on how much you can make buying the dip. Don’t just be greedy; don’t panic, and always stay humble.
3. If you’re opening positions in multiple coins, remember to use isolated margin. Cut off an arm to survive, rather than let the whole army be wiped out.
4. Set a stop-loss when you open a position. Sigh, holding onto a losing position is how you get liquidated. $SOXLB $SNXXB $KORUB has fallen too. Sometimes I think the greatest danger of liquidation is that it destroys your confidence and torments you. But it’s also a necessary part of the journey. I listened to Ao Ying’s interview. I’ll try to make fewer mistakes each time than I did the last time, and refine my trading style.
