The first loss order has arrived, losing 4360U.

Over the weekend, I bet on two altcoins. One was soon, which had a three-day pullback. I built the base position at noon on Friday, and during that time, there were two large bullish candles, making me feel like I had chosen the right direction. So, after waiting for soon to pull back a bit, I hurriedly increased my position, adding to the losses all the way down. What I didn't expect was that the surge I thought was a pre-launch signal turned out to be the last rise. Over the weekend, soon fell without any bottom. Since I had a relatively large margin now, I chose to hold the position, and after two days, I lost over four thousand U.

Looking back now, soon was being suppressed by moving averages all the way, especially on Friday night and Saturday. Every time it surged, it was a trap for buyers, with a small rise followed by a rapid drop to reach lower lows. In this situation, adding to the position was indeed foolish. Let’s take this lesson of over four thousand U.

The other altcoin I bet on was one that surged greatly on Friday night. I built a position during the pullback in the early morning, and after a significant drop on Saturday noon, I went heavily into it. This purchase was decent, as there was a surge in the afternoon, increasing by 20 points, at which point my position had an unrealized profit of 9100U.

But foolish operations came again; with an unrealized profit of 9100U, greed took over, thinking to close the position when the profit reached 10,000 U. As a result, I missed the peak, and that coin kept falling until the position turned into an unrealized loss.

Both of these operations were quite foolish. Soon was irrational, abandoning the careful observation of candlesticks I had in the past, instead relying solely on emotions to keep adding to the position, adding more as it fell, ultimately leading to a huge loss and exit. The other one lost due to one word: 'greed'; in order to earn an extra thousand U, I lost over ten thousand U.

This is the first pullback and loss since starting contract trading.

Remember the lesson.