Today I learned about Polymarket and Limitless.

After charging 100 USDT in the public domain, I went to open Myx and got liquidated again.

After holding for almost a day and a night, I found out that the liquidation occurred just below the stop-loss level I set.

I was charged too much in funding fees for opening a short position, which caused the liquidation line to move down. This is also a lesson.

However, later at a relatively high point, I opened another short and made 50 USDT, which I took profit on; I don’t dare to hold shorts too long in a bull market. In the future, I should do more trades.

In the future, when the funding rate is negative, I still need to learn more before opening a position.

But now I find that opening a position completely relies on chart patterns; usually after looking at them, I jump right in. Once in, I get trapped. This is the norm.

Without discipline and trading rules, people will always be in a state of chasing highs and selling lows.

Today, it counts as a good market day, so I still made some profits.

However, I opened too many trades casually, leading to unnecessary losses on some trades. This is another recurring lesson.

Limitless, I heard it can be fun to play with, and there might be shorts. I learned how to transfer funds, and for the first time, I understood cross-chain and unified chain transfers.

2025.08.07.23:22--Trading Diary.