#TradersLeague

#爆仓实录 Review 1

Late at night, another major blunder occurred

Although it wasn't a liquidation

My position has been halved

It's already close to liquidation

At this moment, my emotions are complex

There's annoyance, regret, reflection, indifference...

Accompanied by a continuous review of everything that has happened

There’s even a sense of calm and composure inside

And a bit of comfort in becoming increasingly aware of my weaknesses

In short, it's very complicated.

I originally wanted to turn off my phone,

Take an ice pack, and let myself calm down and get some sleep

But my mind is too excited at this moment

So I started writing this review

Let’s see how I experienced this 'near liquidation' tonight

A week ago I experienced a liquidation

After recharging and reviving, I went through a major blunder, and my position shrank by 75%

This shrinkage hardly affected me

I didn’t take it seriously at all

But it made my operations extremely cautious

Instinctively following two principles: 1) Keep the margin ratio within 10; 2) Always be wary of my greedy nature, quick battles, and never let any trade exceed two hours

Indeed, these two principles made me clearly realize

That liquidation can be completely avoided.

However, what I didn't know was

That the reason I lost a lot of money

Was not just the above two,

But also a very subtle and extremely fatal one

That is: there is no true sense of awe or respect for trading in my heart.

What does this mean?

I found that before my first two liquidations,

There was a similar little thought in my heart,

For example, before the Dragon Boat Festival, thinking that if I could make a big profit, I could happily go home for the holidays.

For example, before the second liquidation, thinking that once I make money from trading, I can buy the good things I desire

Because similar little thoughts kept surfacing in my mind

When I was trading,

My heart was actually extremely restless

At critical points,

It was precisely because of these little desires that made me blindly ignorant,

Risks were ignored

Eventually leading to a fireworks-like liquidation.

Why say like fireworks? (Due to short post length limit, I will open another post for details)

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