Speaking of mindset issues, I think it's still necessary for everyone to listen. Dog Brother always says, don't take a Heavy Position, and be willing to stop loss.
After all, the market can give you 99 chances, but it only takes one time to wipe you out. Let me give a simple example. A couple of days ago, I saw an advertisement for a high-v user who made a lot of profit from a successful trade for a week. They were very inflated. At that time, I thought that within three days, they should return it. I went to see him earlier, and he has indeed returned it, even losing a bit in the process. Brother Dog used to do this too, but now I never gamble with the market, betting whether it will make me liquidate this time. Surviving in the crypto world and making money in the short term is more important.
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LetMeDriftForHalfA
· 12-01 02:43
You're right. Back when I first got into this, I won a bit and got inflated, starting to trade frequently. I had a rebate of 2000u. Later, just before the bull run, I couldn't bear to cut loss, and the trap got deeper and deeper, losing money. This morning, because I left a not too big, not too small position overnight last night, I checked this morning and saw it had hit stop loss, which blew my mindset. I directly went in with a 100x heavy position, and it was done in just a minute. Last month, I steadily made around 30% profit in half a month, and today I've given it all back in one day. 😇
Speaking of mindset issues, I think it's still necessary for everyone to listen. Dog Brother always says, don't take a Heavy Position, and be willing to stop loss.
After all, the market can give you 99 chances, but it only takes one time to wipe you out.
Let me give a simple example. A couple of days ago, I saw an advertisement for a high-v user who made a lot of profit from a successful trade for a week. They were very inflated. At that time, I thought that within three days, they should return it.
I went to see him earlier, and he has indeed returned it, even losing a bit in the process. Brother Dog used to do this too, but now I never gamble with the market, betting whether it will make me liquidate this time. Surviving in the crypto world and making money in the short term is more important.