#MYX really is a moment of heaven and hell, so thrilling. I’m just a small trader with only a few hundred U in capital, while the others are still holding onto their long positions in ETH and SOL. In the morning, I shorted and made a profit, then told myself to stop for today and not to touch this coin again.
But in the afternoon, I saw it rising again and bought in at 1.70. I didn't sell at the peak of 1.77, and then watched as it turned from profit to loss, from a loss of about 100 U to a maximum loss of over 600 U. The liquidation prices for ETH and SOL kept rising.
I was in despair, staring at the screen with my hands trembling and my stomach aching, occasionally shouting in pain, and sweating profusely from my forehead.
At that moment, I was a gambler with red eyes; I added to my position, raising the liquidation price from 1.0 to 1.2. Now looking back, the lowest point was at 1.28, and considering the positions held in ETH and SOL, the estimated liquidation price was around 1.24.
Fortunately, it rebounded at 1.28 and climbed all the way to 1.9. During this period, I saw a profit and took some out, then adjusted my strategy and exited completely. Looking back now, my final closing price was at 1.77, which coincidentally matched the peak when I bought in two hours ago; it really is fate.
Now thinking back to my ugly state at that time, it’s truly both laughable and terrifying. Only after the fact did I remember that the long positions in ETH and SOL had also turned profitable; it truly was a turn of fortune.
But with my style of trading, I know that one day I will suffer a terrible loss, so I haven’t opened any trades for the past three days to calm my emotions. After tidying up my feelings, I will set out again in three days.