After 104 days in the market, the account has fallen from 498U to 454U. Another day of self-confrontation.
Yesterday I shorted $LIGHT, if I had held on through gritted teeth, my account would have increased by 150U today. Instead, I got scared and when I looked back, the price continued to fall. I felt reluctant, so I turned around and went long again. This is the biggest enemy in trading - emotions.
From the initial profit, it has turned into a loss. Now I can only rely on luck to see if I can turn it around. It's a typical retail investor trap, competing against myself.
Looking back at the trajectory during this period is a bit despairing: I entered the market for the first time in mid-September and added 500U, then directly blew up the account in mid-October, losing everything. Unwilling to accept this, I came back for a second time, and after much effort, I made back 1000U, but ended up losing it all again. In December, I came back again and added 500U.
This time I finally understood that the hardest part is not analyzing the market correctly, but controlling my own hands. The biggest mistake each time is when I have a small profit or a small loss, and I get impulsive and start making opposite trades. This lesson is very costly.
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MetaEggplant
· 12-23 07:25
I lost 44U in 104 days, why is the rebound space still so small?
Another day killed by emotions, a typical self-punishment.
Looking at your trajectory, it really feels like a struggle against oneself.
Controlling your hands is a hundred times harder than analyzing the market; it sounds easy but is deadly to execute.
Being unwilling to accept the high price, it will probably repeat next time.
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rugdoc.eth
· 12-22 08:54
Biting the bullet to hold on for a rise of 150U and then reversing to go long, this is purely a struggle with oneself.
This lesson is indeed costly, but it seems I have to keep paying.
104 days from 498 to 454, to put it simply, it's just paying tuition to the exchange.
It’s really hard to control one's hands, but just understanding is not enough; the key is to change.
Getting liquidated twice and still daring to come back, one must be quite resilient...
Why do I always want to reverse operations with small profits? This habit is really deep-rooted.
To put it bluntly, it’s still a lack of execution on stop loss, controlling emotions is always the most difficult.
Another confession from a trader controlled by the market.
After 104 days in the market, the account has fallen from 498U to 454U. Another day of self-confrontation.
Yesterday I shorted $LIGHT, if I had held on through gritted teeth, my account would have increased by 150U today. Instead, I got scared and when I looked back, the price continued to fall. I felt reluctant, so I turned around and went long again. This is the biggest enemy in trading - emotions.
From the initial profit, it has turned into a loss. Now I can only rely on luck to see if I can turn it around. It's a typical retail investor trap, competing against myself.
Looking back at the trajectory during this period is a bit despairing: I entered the market for the first time in mid-September and added 500U, then directly blew up the account in mid-October, losing everything. Unwilling to accept this, I came back for a second time, and after much effort, I made back 1000U, but ended up losing it all again. In December, I came back again and added 500U.
This time I finally understood that the hardest part is not analyzing the market correctly, but controlling my own hands. The biggest mistake each time is when I have a small profit or a small loss, and I get impulsive and start making opposite trades. This lesson is very costly.