Hello everyone, I’m Sanhe. A lot of people might have heard of me.
Regarding this $BANK transaction, I think it made me reflect on and think through many things. Over the past few years, I’ve really enjoyed playing copycat versions. I dare say that my shorting of copycat “tech” was almost top-notch. So many, many past successes made me unconsciously ignore a lot of my own shortcomings. It’s kind of funny to say, but in my trading over the past few years, the number of times I stopped out has been fewer than 10. This year, at rave, I stopped out—and this time, bank stopped me out.
In the past few days, my number of trades has been several times my yearly trading volume. I went crazy doing hedges, didn’t sleep, and didn’t really eat. It wasn’t that these losses made me unable to accept them; rather, I was analyzing and interpreting myself. Just like what I said in that live stream: for someone who has achieved certain results, it’s very hard to deny themselves. After being tortured for several days, in my live stream the other day I finally accepted things and figured out a lot. I need to learn how to stop loss. There’s no need to pursue a 100% win rate. Losing money and stopping out are not the opposite of making money. Not learning from losses and stop-losses is the real failure.
When I got caught in a position, I also followed myself in hedging while doing hedges. I opened more than 50 trades—more accurately, it was a 100% win rate. But I personally chose to stop out one trade, breaking that supposed 100% win rate, so I could keep reminding myself: in trading, making money matters more; win rate doesn’t matter!
After this, I will adjust and optimize my trading methods and mindset, learn to stop loss, and not chase win rate. I hope I can take another step forward in my trading!
Don’t forget the road you came from when you’re triumphant. Don’t give up your youthful spirit when you’re down.
#BinancePickAndWinYou This World Cup has been full of surprises, with the action swinging back and forth. Germany had two goals called off, unexpectedly trailing 0-1 at halftime against Ivory Coast; powerhouses like Spain and Turkey have also been held to draws or even taken down. On the pitch, there's no absolute strength or weakness; underdogs often pull off miracles with their tactical finesse and resilience, showcasing the unpredictability of football.
No, didn't you notice the problem? The difference between spot and futures is 50%
何以解忧-星辰哥
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$ESP Since the invention of charging funding fees every hour, now as long as the explosive funding fee is changed to once an hour, basically you can't recover the cost. Even if the price returns to the original point a few days later, the funding fee has already consumed most of the principal. Even if we average it out to one point every hour, in 2 days it would eat away half of the position. This doesn't even account for those coins that have been stagnating at high positions for several days, so if you lose money, you have to admit defeat, stand straight when being hit, and you can't just stubbornly hold on. It is recommended to open positions gradually with incremental orders, do not use the full position mode!!