Today I decided to start keeping a transaction ledger.

Since entering the circle, the account has turned green by 2800U. This number makes me stop and think about where the problem lies.

At first, I saw the screenshots of those sharing their profits in the square—20 times, 50 times, and even hundreds of times returns flooding the screen. To be honest, after seeing so many, it really creates an illusion: if others can do it, why can't I? So I jumped in too. 1-minute candlesticks, 3-minute candlesticks, 5-minute candlesticks, high-frequency ultra-short trading, starting with 20x leverage, and daring to go for 50x as well. What was the result? Profits came quickly, but liquidation only took one time.

After suffering losses, the leverage was reduced to 10x and 8x, still engaging in high-frequency trading. But the problem arises—the fees eat up more than half of the profits. Staring at the screen until my eyes hurt, I don't dare to hold positions when the direction is wrong, continuously hitting the stop-loss, and the account just keeps getting thinner.

During that time, I was crazy about studying technical indicators like MACD, KDJ, and RSI, as well as the relationship between volume and price. But to be honest, it might be because I'm not professional enough, do these things really work in this market? Wild surges and crashes are the norm; overbought and oversold signals? When it goes up, it can rise to the point where you doubt your life, and when it goes down, it can drop to the point where you also doubt your life.

Short-term trading doesn't work for me, so I started trying one-way trend trading. With 5x leverage, I often get stopped out by a 20% fluctuation. Now I've reduced my leverage to 3x.

I no longer pay attention to the profit screenshots from those analysts in the square. They always only show profitable trades, which is something an ordinary person like me can't compete with. I even suspect that there is a team operating behind it. And those posts that casually display losses of hundreds of thousands or even millions, I also don’t believe them. Such posts are nothing but complaints and implicitly suggest, "Look, I've lost a million; what does your loss of tens of thousands even mean?" — I always feel this is some kind of psychological tactic, numbing people to continue trading, so the platform can keep earning transaction fees.

In the current economic environment, I don't know what to do. If I can earn a stable 30U every day, at least I can support myself, and that is the most practical goal. That's why I've explored from the failures of short-term trading to now having a long-term approach.

Hope this time will be successful. First, I'll record it down to keep a memory for myself.