Having been involved in the crypto space for two or three years, my own weaknesses have been amplified infinitely in this brutal contract market:



1⃣️ Fear of missing out, chasing rallies and selling dips.
2⃣️ When trading, fantasizing about overnight riches, with no risk awareness, often going all-in with heavy positions.
3⃣️ Not studying technical analysis seriously, not paying attention to market insights, constantly searching for KOLs, and frequently getting proven wrong.

The result is continuous losses! This sense of defeat is very disheartening and despairing.

Today, during the parent-teacher meeting, the school's discussion resonated deeply. It’s not only applicable to children’s education but also to our adult learning, work, and life!

Starting now, I will strictly follow these rules:

1⃣️ For mainstream coins, allocate 2%~5% of the margin per trade, with 20x leverage.
For altcoins, allocate 1% of the margin per trade, with 20x leverage.
2⃣️ After opening a position, set a stop-loss within 1%~1.5% of the account margin.
3⃣️ Avoid frequent trading; even if I see good strategies, I will limit myself to no more than 5 trades per day!

Today is the day I reinvent myself! Stay away from emotional trading! Adhere to the principle of protecting the principal first, profit second. Steady and consistent wins the race. We will definitely be the final winners! Keep going!
View Original
post-image
post-image
post-image
post-image
[The user has shared his/her trading data. Go to the App to view more.]
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin