Another day of losses. This morning, I was bearish and took a short position, but I couldn't withstand the pullback and got wiped out. I thought I could turn things around, but unexpectedly, there was a sudden surge at noon, and my long position also exploded. Two attempts in the morning and evening, both missed the mark. This is the magic of trading — being wrong once is acceptable, but being wrong twice really can be a bit overwhelming. Watching the account balance steadily decline, I realize that sometimes the best trading decision is to stay on the sidelines. Next time, I need to be more cautious.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
Blockchainiacvip
· 13h ago
I'll just say it, this feeling of being caught in a pincer movement is really intense. Short positions get wiped out multiple times, it's like being pressed to the ground and rubbed by the market. Market trends, you know, the more you try to predict them, the easier it is to get your face slapped. This guy has truly experienced that deeply. Sometimes doing nothing is a hundred times better than frequent trading, but who can really keep their hands steady? That's exactly why risk control is necessary; otherwise, one or two mistakes in a day can wipe out your account entirely.
View OriginalReply0
HodlKumamonvip
· 01-13 09:18
This time, I calculated the probability of hitting the empty twice in a row, which is about 1/4... The data speaks for itself. This is a small probability event outside of a normal distribution. Hug.
View OriginalReply0
AirdropFatiguevip
· 01-12 09:20
Oh no, this is a reflection of what I experienced yesterday. Double kills are really incredible. Daring to continue trading after losing twice in a row, am I brainless? Making money is not that easy. Sometimes, doing nothing with your hands is the biggest gain. Looking at this account's decline, I might as well just lie flat. Both short and long positions got wiped out; the market is playing us like a fiddle. I learned from this wave. Next time I encounter uncertain market conditions, I will just hold steady and do nothing. I regret a bit why I couldn't hold back this morning. The opportunity to break even with one move was lost because of myself.
View OriginalReply0
NFTRegretDiaryvip
· 01-12 09:19
Haha brother, isn't this just my daily routine? All the longs get smashed, and the account balance is free-falling just like my mood. I got it wrong twice in a row and just froze up. Might as well lie flat; after all, the market will eventually teach you how to behave. Wish I had listened to advice earlier. The best trading strategy is still not to trade. This wave of market行情 is really surreal. I bet on ups and downs, and the money is just giving the market gifts. I've had a bit of a realization. Sometimes being sober is the profit, and staying silent might be the best stop-loss.
View OriginalReply0
MagicBeanvip
· 01-12 09:01
Haha, I told you, the best thing to do right now is to turn off the software and go to sleep. --- Missed twice? Bro, you really need to stop for a bit. Don't get deeper and deeper. --- Waiting and watching is truly the best defense. Those who understand know. --- Two consecutive explosions in the morning and evening, this is a painful lesson. --- The account is falling, and your mind is also confused. It's better to exit first and calm down. --- Every time you think the next trade will recover the losses, but instead, you lose more by trying to make up. --- This wave of market movement is really annoying, but your thinking is correct. Sometimes surrendering is better than fighting to the death. --- Both judgments were wrong twice, indicating that you need to change your strategy or simply stop trading so frequently. --- Seeing this, I know you should rest. Continuing to trade will only hurt more. --- Waiting and watching is not being cowardly; it's giving yourself a w
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)