#BinanceTurns8 once lost 100,000 U, now rolling back bit by bit with 6,000 U, I've truly come to understand this market.
During that time, I was really convinced by the cryptocurrency market.
Since the beginning of 2022, I’ve been trading contracts, rushing into the market every time the market moved, playing all the tricks like 'not speaking of the top in the late stages of a rise' and 'increasing positions against the trend to recover costs'.
My account went from over 180,000 USD to less than 10,000.
I couldn't sleep, couldn’t eat, and all I thought about every day were two words: recover losses.
Until later, I really blew up.
Three months later, I came back.
Not thinking about recovering losses, but with 6,000 U, I planned to validate an idea.
I didn’t go all in, nor chase short-term thrills.
I began to treat trading like a craft that requires 'slow work for fine products'.
I reanalyzed all my previous trading records and found that my biggest losses were not due to mistakes, but due to gambling.
Entering the market relied on gut feeling, stop-loss set too wide, unrealized gains not acted upon, chasing after sweeping through, a whole set of combos was just giving away money.
Later, I adhered to a principle: only trade structures I understand, positions must have rhythm, take profits after a segment, and don’t get attached to the battle.
Some people think I earn slowly, but during that period starting from 6,000 U, I hardly blew up once.
Small gains, small losses, then small gains again, continuously compounding, gradually forming my own loss control rhythm and position management plan.