卓桑

How likely is it to use 50,000 yuan to continuously over-concentrate positions and go all in on contracts to reach 30 million? Recently, I personally witnessed a guy doing exactly that. Every time we were about to give up in despair, he showed us hope again—then he tried again himself, feeling the pain again. On this road of trading contracts, can we still make it across to the other shore?

I originally made 1 million last month, but I didn’t stop in time. When I tried to push for 2 million, I failed. Luckily, I managed to withdraw a little over a hundred thousand. Recently, I’ve been traveling in Europe—France and Switzerland—to reset my mood and set off again. Making money is for enjoying life. If you can have fun and also make money at the same time, that would be amazing.

No big deal, Boss. Even with a floating loss of 1 million dollars, that's only 1% of the account. Altcoins will definitely drop back down. Shorting is a sure win! Just think about the lab earlier

Trading is so hard. Last month I just made 1 million, withdrew a little over 100,000 to spend, and then the rest went back to the market. Being a crypto influencer might be okay too, but normal people can’t really be influencers—I’m just too normal.

Musk said that the value of SpaceX will exceed the total of the entire Earth! Bro, don’t just talk big—put up or shut up. I bought 1 million, and I’ve already lost 200,000. Now I’ve got a little bit of seed money left—can we get back to even? How about it going up to 125 first?

Chopping firewood for a hundred days, one day burning it—last week I opened such a big position and then hit a crash in the South Korean stock market. Plus, the lab cut about $40,000–$50,000; in total, I withdrew about $90,000 in a week. Now I can only tidy up my mood and start over again. A buddy of mine last week went all-in with $8,000 shorting gold, then all-in shorting Ether. After that, he went long Ether around 1810, and in just a few days he managed to make nearly $10 million. I really envy him, seriously.

I lost $20,000 last weekend, then got it back within 3 days and made a new high. This weekend I pulled back by $30,000—how many days will it take to get back up? This time I’m done—no more overconcentration in small-cap coins; I won’t hold the bag anymore！！！！My smart brothers have already started picking up my bottom!

Lab, this dog farm is really vicious. It doesn’t rebound at all. I put in a 50,000 USD position, and even if it rebounds to 0.6, it would be enough to get out and break even. Instead, I placed a stop-loss at 0.32, cut my losses—2,0000 USD gone. Another position I’m stuck with and won’t quit; if you’ve got the nerve, let it go to zero. Seriously f—ing dog behavior. SpaceX is also a dog. Originally I had planned to short US stocks long term in the near term. Last Friday night I went long and got trapped, and it just kept falling—cut me to pieces. These past three days I’ve pulled back 50,000 USD. It really hurts like hell.

My broker really cut me $40k—what a disgusting market maker. I bought at 0.6 and it’s still been halved. Brothers, should I cut my losses? Vote.

On a day when the market crashed hard, my brother Sun’s books that I bought a few days ago arrived. While holding my positions through the downturn, I finished reading the whole book. I truly admire Brother Sun’s execution and forward-looking mindset. As one of the 90s-born entrepreneurs as well, I can say that the experiences from the past few years have truly given me a lot. After a few years of getting lost in it all, I still need to set sail again, get myself standing up straight, and go out to explore and take on new challenges.

So annoying, I woke up this morning with 90k u, and in half a day it dropped to only 60k u. What the hell is this?

The weekend really had no volume at all. Last night I opened long positions on BTC and Ethereum big rallies, betting that it would break through 65,000. I kept rolling over while it was in profit, staying overnight. Then this morning, while watching a game, a single candle cascaded down and stopped me out. It was so painful. I opened a $1.5 million position and instantly pulled back $15,000. Just now I saw that EVA coin, this trash altcoin, cascading like that too. I tried to scalp the low—bought at 0.35 with a $15,000 position, and then sold in batches. I couldn’t hold it. I’m just a live greenhorn—can’t roll into this trash altcoin. If I had, I would’ve made it back with just a few tens of thousands of dollars.

Making copycat contracts just to masturbate is what you think of—sometimes it feels really great, but if you do it too often it’s not good. Still, how many people can actually resist and quit?

After spending a week finally filling the drawdown hole back in, the equity curve has reached a new high—it's not easy. The key to trading success is controlling drawdowns. Compound growth is indeed the eighth wonder, but the biggest problem here is that you can’t have a large drawdown. Yet my trading system has a fairly aggressive style: when it makes money, it does so quickly, and when it loses, it also loses quickly—profits and losses come from the same source. Since there’s no way to resolve the drawdown risk caused by the trading system, the only option is to manually intervene through periodic profit withdrawals, ensuring that the long-term performance of the live trading curve looks relatively stable. Let’s encourage each other, you geniuses!

Well, basically this kind of trading manipulation pattern used by the recent few copycats is pretty much the same. First they repeatedly make big swings to create volatility, then they flush out the leverage, and afterward it turns into a one-way move. The market goes up in a one-way fashion—first a big rise, then a waterfall drop in one wave. After that waterfall wave, they blow up everyone’s positions (the most of them). Once those are wiped out, they start another two-day period of choppy consolidation, then kick off the second wave upward. After the second wave rise, it also goes into this slow, grinding grind—price rises from the early stage, reaches a certain level that attracts attention, and then they start a violent breakout. Then they pressure everyone into shorting. After that, they keep it trading sideways and consolidating on top, while gradually pushing the funding rate down to around negative 1%, even negative 2%. They then use two or three days to drop it all the way back to zero. That’s f***ing scumbag market manipulation.

Originally I was bearish this morning, but the short position was simply too hard to hold. In the afternoon, when Trump spoke, this move sent U.S. stocks, Bitcoin, and gold all crashing. Some long positions I had previously set ended up being underwater. Then I kept doing T to reduce the losses. Luckily Micron performed well—on a $150,000 position I made two waves and got back $4,000. The other trades are almost back to breakeven. Hopefully there will be a big rally tonight! If you survive a great disaster, there will surely be good fortune to come.!

Last night there was an $80,000 LAB short position on the books. I also knew he would drop to within 10 dollars or less over these next couple of days, but I just can’t stand his funding rate. Back in the crypto days, funding was charged once every 8 hours; now it’s charged once every hour, and the cap is 2%. This time, that LAB short position is up by $10,000 in profit—yet I’ve paid $8,000 just in funding fees. How is this even playable? If it drops a day later, then it’ll be for nothing.

This is really unbearable. I finally managed to see it drop a little, but then the funding rate went up—charging 1% per hour. What the hell is this if not just bloodletting??? Fucking with you, man.

The lab5.5 copy’s bottom result wasn’t held, it ran at 5.9, and then I shorted around 10 knives and got trapped. This round really is playing the live rookie—so uncomfortable! This pump is moving so fast—does the scumbag market maker think it’s preparing a final sprint to lure more longs before wiping it out? Next, will it drop to $1 over the next three days?

This trash knockoff mountain has been dropping all the way when it falls; yesterday it almost killed people with that nfp. Quickly bounce back—let it rise to 0.2! Brothers, focus on one thing: when it’s time, we’ll do a live stream to chat.