This trading experience over the past period has taught me a truth — the market is always to be respected, and endless opportunities for profit come with endless risks of loss.

I’ve been messing around with a certain coin for several rounds, losing quite a bit. Although I haven’t been liquidated, I chose to close positions rationally a few times, leaving myself a way out. When the price dropped to 30, I started shorting, and at that moment, my mindset instantly became much more relaxed.

Looking back, rather than fighting the market, it’s better to admit that your judgment might be wrong. Many people think that doing so is admitting defeat, but in fact, it’s quite the opposite — cutting losses in time is the bottom line for survival in trading. Winning once might just be luck, but losing less, losing a little less, allows you to gradually accumulate experience through repeated trades, helping you slowly transform from a novice into a trader who truly understands risk management.