On the second day of the real account on December 1st, the principal of 560u rolled to 1559u, with a net profit of 630u for the day.
Today's profits mainly come from the target mentioned last night. I woke up this morning, saw the signal, and entered the market with 6x leverage fully utilized. As expected, every trader has their own comfort zone—I just prefer to take smaller positions with higher leverage, which makes me feel more stable.
But today it also went wrong. There was a cryptocurrency that was trending quite well, and I thought the big players were going to pump it, but the trading volume couldn't pick up at all, and it continued to drop with low volume while pretending everything was fine. What's even dumber is that I set a 5-minute Bollinger Band stop-loss, hesitated for a long time, and then canceled it... Originally, the stop-loss would only cost me 40u, but I stubbornly held on until I lost over 200. It’s always like this! I clearly know that "a drop in volume is not a bottom," yet I always hold on to false hopes.
I also tried going long on Ethereum near 2850, but it felt off so I withdrew. This coin has just been falling continuously lately, it's really frustrating.
The old saying is true: learning to cut losses is just the beginning, but more importantly — you must keep a stable mindset. Impulsively canceling stop-loss orders will ultimately lead to your own losses.
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MissingSats
· 1h ago
The moment you cancel your stop loss is really insane. I've done this stupid thing too, and I regret it every time.
This move was indeed fierce, but the ones who really make money are those who can cut their losses decisively.
Getting 630u in a day isn't easy; don't let wishful thinking ruin your account, bro.
I've seen too many fake rebounds during low-volume drops—better remember the lesson.
By the way, your small position with high leverage style is indeed steady, much better than my previous dumb all-in operations.
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LightningSentry
· 12-01 10:54
The stop loss is really a hurdle, knowing that I need to execute it but hesitating. I'm the same way.
I did make a profit, but that 200u tuition fee is a bit steep.
The falling volume just won't listen, next time I see it, I'll run straight away, no more gambling.
Morning 6 times full on this hand was good, just afraid my mindset will collapse and I’ll start messing around again.
Ether is falling like this, no one can be upset, just be smart about it.
Making a net profit of 630 in a day is really impressive, I have to maintain this advantage with a stable mindset.
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StableGenius
· 12-01 10:41
nah the real tell here is cancelling that stop loss... empirically speaking, that's where 90% of retail traders hemorrhage capital. you *knew* the setup was wrong, yet chose the psychological copium play instead—mathematically indefensible, as predicted.
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OneBlockAtATime
· 12-01 10:37
Stop loss not being held really hurts repeatedly, that's why it keeps jumping back and forth between profit and loss.
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LiquidationWatcher
· 12-01 10:37
ngl bro, canceling that stop loss hit different... been there, lost that. that 160u swing is exactly how liquidation threshold creeps up on you. watch those collateral ratios fr fr.
On the second day of the real account on December 1st, the principal of 560u rolled to 1559u, with a net profit of 630u for the day.
Today's profits mainly come from the target mentioned last night. I woke up this morning, saw the signal, and entered the market with 6x leverage fully utilized. As expected, every trader has their own comfort zone—I just prefer to take smaller positions with higher leverage, which makes me feel more stable.
But today it also went wrong. There was a cryptocurrency that was trending quite well, and I thought the big players were going to pump it, but the trading volume couldn't pick up at all, and it continued to drop with low volume while pretending everything was fine. What's even dumber is that I set a 5-minute Bollinger Band stop-loss, hesitated for a long time, and then canceled it... Originally, the stop-loss would only cost me 40u, but I stubbornly held on until I lost over 200. It’s always like this! I clearly know that "a drop in volume is not a bottom," yet I always hold on to false hopes.
I also tried going long on Ethereum near 2850, but it felt off so I withdrew. This coin has just been falling continuously lately, it's really frustrating.
The old saying is true: learning to cut losses is just the beginning, but more importantly — you must keep a stable mindset. Impulsively canceling stop-loss orders will ultimately lead to your own losses.