I am a prime example of a person who almost gave into psychological pressure today.
I consider myself a controlled person. For last one month, I have been slowly building my asset. I have rarely made a bad call. But even when I did it wasn’t big. So I was making nice profit.
Today, for the first time I almost gave into temptation.
Let me start from the beginning, I started a short position on BIDUSDT, half an hour ago. I closed that trade 5 minutes later cause the funding fee was high. Right after I closed, the price dropped so much that I would have made over 200% ROI by now.
As you can see, that affected my mentality. I became annoyed and greedy. I started another trade right away got 3$ profit instantly and closed. Not because I was happy. But because I wanted more leverage. Guess what, I opened a position with 30x leverage next. Yup, my greed got the best of me. And I was in loss.
Thankfully, I came to my senses and stopped the trade so only lost 3$. Overall I am still in profit. But that could have been disastrous for me. This was something!
I am taking a break for now. I am supposed to trade on another coin after 5 hours. It's pre-decided. But don't copy me tonight. Cause, I almosed f'ed up big. I will be okay by tomorrow. Learn from my experience. If you miss a chance just let it go.
