One of my devoted fans got in touch with me at the beginning of this year and shared her story. She said that as soon as she entered the market, she started losing money over and over. She had put in 4,000 and had 3,000 left. She couldn’t sleep at night and felt very anxious. (I asked her why she was anxious when she had so much money. She told me her family owned a company, and she just wanted to prove that she could do it. When she was young, she had really needed a win to prove herself to her parents.) She couldn’t understand why she kept losing with such a conservative approach. So I listened to the details of her strategy, and by the end, my conclusion was: she had the mindset of a novice investor who gets taken advantage of.
$KORU In the past few days, I traded Korean stocks next door and made 750,000 USDT in profit—my trading experience 1. Never hold a losing position; if you’re wrong, cut the loss 2. Don’t rush to exit when you’re making a profit. Set your stop-loss levels (as long as it’s still profitable). That way, in a one-way market, you can take a full meal 3. In a choppy/sideways market, aim to earn only 1%–5% profit per trade You can follow me and let’s discuss trading experiences together
$APT 5/5 One day, my good bro hit me up for a loan. I asked him what was going on. He was shaking and told me he got liquidated. After playing for four or five years, he lost over a hundred K U, and he felt like his life was over. I told him to set a buy order for APT at 0.975 for a million U, then sell at 1.18 to recoup some losses. Take it slow, no rush. Today, I got a message saying he took profit, and he sent me back 50K U as a thank you. Hoping my bro makes it back to shore soon, no need to hurry. With that 50K U, I can add to my LAB position now 🥹
In a bull market, do not short; it is better to earn less than to short, as it can easily be pierced by a needle. If a coin is worth 1 yuan and you go long 75 times, it can drop to zero and you will only lose 75 times the margin. However, if you short it and it rises to 10 yuan, you will lose about 700 times the margin.
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