Many people think that on their first day in the industry, mastering passwords, understanding candlestick charts, and obtaining insider information will make them money. It’s only after experiencing their first loss that they realize how crucial stop-losses are and how important position management is.
Anyone who has gone through a bull and bear cycle knows that not borrowing money, avoiding leverage, and living long enough are more valuable than anything else. Watching others get rich quickly can make you envious, but only by having your own trading system and controlling FOMO can you truly succeed.
After a few margin calls, you will realize that emotional control and the unity of knowledge and action are not just motivational sayings—they are the dividing line between profit and loss in your account. As your capital grows, details like liquidity, withdrawal safety, and asset allocation become critically important.
When you turn to full-time trading, you will understand what loneliness really means. Besides watching the market, life must go on. Ultimately, you will realize: the market is always right. Respect the cycle, follow the trend, and do not fight against it—that is the highest wisdom in trading.
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YieldWhisperer
· 1h ago
Honestly, the day I got liquidated for the first time, I truly understood. Stop-loss isn't something you can just listen to; you have to pay with blood to learn.
It's really just two words: survive. Don't talk about K-line secrets; just surviving a bull-bear cycle already makes you ahead of most people.
FOMO is really a killer. Every time I see someone in the group say a certain coin is about to surge, I want to go all in. Now I've already quit that early.
Leverage, I don't even look at it now. Borrowing money to trade is basically asking for death. The tuition is too expensive.
The scariest thing isn't losing money, but losing control at that moment when your hand slips.
Only after doing this full-time did I realize that staring at the screen can lead to depression. You have to learn to let go.
The market is always right, and I am that fool who always fights against the trend.
Following the trend is easier said than done. Not many can truly do it. I'm still exploring.
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MetaMaskVictim
· 18h ago
Really, only after the first liquidation do you understand what regret is... Leverage is truly poison.
To put it simply, staying alive is more important than making money. I've seen too many friends who went all-in and disappeared.
The words "stop loss" can only be truly understood with real money.
I was envious of others' 10x returns for a long time, not knowing that they had already exited.
FOMO is the real killer of accounts, more ruthless than any short position.
This time I finally understand that staying alive stably = the prerequisite for making big money.
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PriceOracleFairy
· 18h ago
ngl the liquidation arc hits different when you're watching your own collateral evaporate in real-time... survival bias is real tho, these war stories always omit the ones who didn't make it back
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GateUser-6bc33122
· 18h ago
To be honest, the day I got liquidated for the first time, I finally understood what pain really is. I can read candlestick charts, I have the news, but it's that trembling hand when setting the stop-loss.
What happened to those people who borrowed money to trade with leverage? You know, right? Longevity is the real skill; stories of sudden wealth are just for listening.
Emotional control is really not just some motivational talk; it's the life and death line of your account. Don't ask me how I know.
Staring at the screen all day is exhausting. Only when life is gone do you realize that losing money is pointless.
Follow the trend, it's that simple, yet no one believes it.
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MetaEggplant
· 18h ago
Really, the first liquidation is the best tuition fee; it's more effective than reading a thousand articles.
Stop-loss is one of those things that's easy to talk about but deadly to execute.
Sticking to the bottom line of not borrowing money is truly crucial; only after surviving a few cycles did I understand what it means to make money.
FOMO kills without blinking, and those who suddenly get rich around me usually can't hold on for long.
Emotional control? Easier said than done. As soon as the account dips, I forget everything. I always do this.
Many people think that on their first day in the industry, mastering passwords, understanding candlestick charts, and obtaining insider information will make them money. It’s only after experiencing their first loss that they realize how crucial stop-losses are and how important position management is.
Anyone who has gone through a bull and bear cycle knows that not borrowing money, avoiding leverage, and living long enough are more valuable than anything else. Watching others get rich quickly can make you envious, but only by having your own trading system and controlling FOMO can you truly succeed.
After a few margin calls, you will realize that emotional control and the unity of knowledge and action are not just motivational sayings—they are the dividing line between profit and loss in your account. As your capital grows, details like liquidity, withdrawal safety, and asset allocation become critically important.
When you turn to full-time trading, you will understand what loneliness really means. Besides watching the market, life must go on. Ultimately, you will realize: the market is always right. Respect the cycle, follow the trend, and do not fight against it—that is the highest wisdom in trading.