Following the copy trading for six days now. To be honest, this wave of market movement has been quite tough for me—my tracked account got liquidated during the ETH-BTC rally, and my stop-loss at 3220 was triggered, resulting in a loss of 5000U.
I originally thought I could get through this difficult period, but I still couldn't hold on. Fortunately, the only thing lost was the profit accumulated over the past two months; the principal remains intact, which is a small blessing in disguise. But seeing the account go from profit back to a -3300 loss, that feeling is really uncomfortable.
From the liquidation to the stop-loss and now, I’ve been pondering a question: how should I proceed on this copy trading journey? Should I continue adjusting my strategy, or pause to rethink my approach? Every time this happens, it forces me to reevaluate my risk management. Although I executed the stop-loss, why did I still get caught in such a big loss? Maybe the problem isn’t with the tools, but with the foresight in market judgment.
Next, I plan to observe the market first, using small-scale trial and error to get a feel for it, and avoid rushing into all-in positions again.
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TopBuyerBottomSeller
· 01-14 01:49
Hmm... Getting stabbed by 3220 really hurts, 5000u just disappeared like that.
Copy trading truly tests human nature. No problem with stop-loss, but why can I still lose so badly?
Small-scale trial and error was the right choice; going all-in is just inviting death.
This round is basically paying tuition. Luckily, the principal is still there.
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AirdropAnxiety
· 01-14 01:44
Losing $5,000 in 6 days, this is the truth about copying trades...
Stop-loss was timely, but still got caught so deep, which suggests there might be an issue with the account chosen.
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HackerWhoCares
· 01-14 01:31
Oh no, as long as the principal is preserved, it's much better than those who go broke overnight.
Really, copying trades is just gambling on probabilities; no one can avoid black swan events.
Instead of stressing over why you lost, think about how to manage risk next time.
Trying small amounts for trial and error is a good approach; don't go all-in again and learn from painful lessons.
It's truly a dead end at 3220 liquidation; when will the market make us feel comfortable again?
Let's take a break first, observe and watch; no need to rush.
I've also been caught out a few times; now I just watch others make mistakes.
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TooScaredToSell
· 01-14 01:30
Lost 5000U, but at least I didn't get liquidated. That's definitely something to be grateful for.
As long as the principal is intact, there's still a chance to turn things around. But I need to reflect carefully on this wave.
The biggest risk in copying trades is blindly following others. Looks like I need to find my own rhythm.
Trying small amounts for trial and error is the right approach. Don't rush; the market won't run away.
Executing stop-loss quickly is actually the right move; the only thing to fear is being soft-hearted.
Following the copy trading for six days now. To be honest, this wave of market movement has been quite tough for me—my tracked account got liquidated during the ETH-BTC rally, and my stop-loss at 3220 was triggered, resulting in a loss of 5000U.
I originally thought I could get through this difficult period, but I still couldn't hold on. Fortunately, the only thing lost was the profit accumulated over the past two months; the principal remains intact, which is a small blessing in disguise. But seeing the account go from profit back to a -3300 loss, that feeling is really uncomfortable.
From the liquidation to the stop-loss and now, I’ve been pondering a question: how should I proceed on this copy trading journey? Should I continue adjusting my strategy, or pause to rethink my approach? Every time this happens, it forces me to reevaluate my risk management. Although I executed the stop-loss, why did I still get caught in such a big loss? Maybe the problem isn’t with the tools, but with the foresight in market judgment.
Next, I plan to observe the market first, using small-scale trial and error to get a feel for it, and avoid rushing into all-in positions again.