《After Exploding My Account N Times, I Finally Understand: To Make Money in Trading, First Endure a Collapse of Mentality》
Experienced traders, who hasn't gone through a moment of 'mental explosion'? I have.
In the second year, during a fierce decline in Bitcoin, I shorted aggressively and made a fortune, multiplying my account seven or eight times, feeling ecstatic, even starting to plan my 'financial freedom' 😅
But you can guess what happened next.
The market reversed, but I stubbornly clung to a bearish mindset, mistaking the reversal for a correction, constantly adding to my position… in the end, I took a heavy position and stubbornly held on, resulting in explosive floating losses.
To quickly recover my losses, I went all in on a resistance level, but the market soared without even a glance—within minutes, my account went to zero.
“Bang!”
At that moment, there was a sound in my head, and my mentality completely shattered.
It wasn't just the money that was gone; it was my faith that collapsed: what I thought was stable profit was just luck.
In recent years, I have experienced various forms of breakdown:
- Big profits, then losing it all, leading to despair;
- Correct predictions without taking action, leading to regret;
- Missing out and then chasing high prices, leading to frustration;
- Continuously losing and persisting, leading to self-doubt…
Trading is like life; you have to endure enough beatings to mature.
How to endure the collapse period?
The most important thing is to change your mindset:
Trading is not about who is always right; it’s about who can last longer.
Don't always think about making a comeback in one trade or doubling your money violently.
The market is ruthless, the trends are chaotic, and losses are inevitable.
Lower your desires, reduce your frequency, and minimize your gambling tendencies.
✅ If you lose, cool down your emotions, take a break, and don't force it
✅ Don’t pursue extreme risk-reward ratios; first, improve your success rate
✅ Make fewer mistakes, and your mentality can stabilize
Your mentality is the shackle you put on yourself.
The greedier and more impatient you are, the faster you will collapse.
This burden is something no one can bear for you; only by truly realizing how cruel the market is and how small you are can you endure it—then, slowly start making money. If you are going through this phase, follow me to discuss together. @区块天哥 #交易心理学
