✍️Trading is difficult and not suitable for everyone, written for myself.

It's actually just a personal "ramble." After all, it doesn't represent everyone. The content of the article might not clearly distinguish between spot, futures, and leverage, so if it makes you uncomfortable, it's best not to read it. 😭

🌟Dare not roll over the position, can only take a light position when chasing high.

Every time I see some coins being pumped, I think for a long time about whether to chase or not, and how much to chase. Then I think to myself, I'll just buy a small position first, and add more if it drops.

Basically, those who have this kind of thinking will not experience a decline; they will only see their small positions turn into large ones. However, there is no sense of "happiness" at all, but rather a feeling of being "trapped" in regret.

Actually, it could be said that the right side has come out, but I can't judge it myself, which leads to not daring to take a large position on the right side.

🌟Keen on bottom fishing, unable to finish bottom fishing

It's not really called bottom fishing; it can be considered a left-side operation. Because I think the price is right, I buy a little, then the more I buy, the more it falls, the more I buy, the more I lose.

One interesting thing is that many knockoffs, just like many people think, have a "value of 0," but once they buy them, they no longer agree with that.

Basically, things like bottom fishing really just require "grinding"; it depends on whether we can hit the bottom this time.

🌟 Never stop-loss, always "diamond hands"

There is actually a misconception that being diamond-handed means not setting stop losses.

Many things should be decisively cut losses when it's time to stop loss, rather than stubbornly holding on.

Originally, I only lost 20%, but in the end, I lost 99%. Why bother?

Originally, it only required spending 1% of the money to buy it back, so why spend 100 times the money?

So this is not a "diamond hand", it's just that I don't know whether to cut losses or run, so I chose to hold on stubbornly.

One still needs to have their own "logic", unless they truly "believe in it", or completely "do not care".

Especially the "mouse warehouse" and "insider trading," it really makes me unsure whether to stop losing. It reminds me of $ZKJ , from -50% to a profit of 50%, then down to -70% and finally to -95%. I just want to say it’s too harsh. @PolyhedraZK ???

🌟Blindly leveraging without position management ability

Most people actually cannot control their "leverage"; opening 10,000 may be easy, but opening 1,000,000 can be very stressful.

Not eating well and not sleeping well every day, and being anxious, in the end, I earned no money and my health deteriorated.

Of course, the most important thing is that "leverage" can directly go to zero, and it happens much faster than when you hold "spot" assets that go to zero.

Always thinking this time will be different, I must shape a future and then directly revert you to your original form.

When the direction is right, I've been thinking about how much I'll eat this time;

When the direction is wrong, I've been thinking that this time I must run to break even.

When the direction is unclear and fluctuating, I've been wondering if I can move forward at my own speed.

In the end, it's still a gamble, and the odds are unclear.

🌟Do more of what you are good at, and do not do what you are not good at.

I actually know a lot of things, but I'm not really proficient in any of them. This results in knowing a little about everything, but not really being "good" at anything.

It's better to focus on what you are "good at" so that at least you understand your losses clearly.

I hope everyone feels the same.

Or you can say that everyone will go to "study specifically," and it is true that learning leads to progress.

🌟 If the cover is opened for hedging, then it cannot be untied.

I opened a contract and then became afraid that the direction reversed, so I ended up opening both long and short positions in the middle.

Then when it rises, I chase the long positions, and when it falls, I chase the short positions, leading to frequent trades, but in reality, I can't make any money; I've paid a lot in transaction fees.

If you think you can make money whether the market goes up or down, you're in trouble.

Let's stick to one-way trades, no more hedging positions. If we're not careful, we won't even know whose work we're doing. 😭

Then the operation directly deforms.

✍️Written at the end

Bro, are you really choosing the path of trading?

Anyway, I am not suitable for this, only suitable for fools to operate, buy when it drops, sell when it rises, can only rely on luck to make a living😧.

On this path, success is entirely based on your own abilities; others cannot help you. Following others won't lead to a future, and you can only learn from others' experiences if you are capable of doing so; it ultimately depends on your own skills.

This path is not much harder than "crossing a single-plank bridge," and it's about the same as becoming the king on the chain.