A fan I have, online name 'A Lan'.
Last year, he sent me a screenshot of his liquidation, accompanied by a single sentence: Bro, this time I really want to quit gambling.
I didn’t advise him to leave the crypto space, just told him to find the stop-loss button again.
A Lan's epiphany condensed into five sentences—I’ll relay them for him, as a reminder for those who come after.
1. Stop-loss is not surrender; it’s a ticket for your future self.
After his first liquidation, he changed stop-loss from 'a tool for cowards' to 'a gym card'. Swiping that card hurt, but it ensured he could enter the next training session. The market is unpredictable; stop-loss keeps the unpredictability outside the door rather than nailing hope to your chest.
2. K-line is a mirror, reflecting your face, not the market's face.
He once layered MACD and RSI into a rainbow, yet during late-night monitoring, his heart raced over a hundred, and his fingertips trembled. That’s when he realized: indicators are just tools; the true artist is emotion. K-line doesn’t lie; it merely magnifies the phrase 'want to earn, fear to lose' for you.
3. Liquidity is honey, but also a noose.
A Lan was once obsessed with 'quick in and out', like unboxing blind boxes without stopping. Until one time, he lost 30% in 3 seconds due to a spike, he finally understood: high frequency isn’t an ATM; it’s paying electricity for the platform. Liquidity gives you freedom but can also bind you like a mummy at any time.
4. Experts do subtraction, while novices do addition.
He initially selected 200 coins, with eight screens showing market data, red and green flashing like a dance party. After deleting down to just 3 trading pairs and 1 board, he was finally able to sleep. The market is not a department store; it’s a sniper point—aiming at fewer targets makes your shots more accurate.
5. The most toxic market always wears the guise of 'this time it’s different.'
In November last year, all he heard was 'Bitcoin is in eternal bull market', and he almost mortgaged his house. Later, I sent him the liquidation post from 2018: same slogans, same memes, just a different year. History never rhymes, yet it plays on repeat.
A Lan now does three things every day:
· Write a good plan
· Set a proper stop-loss
· Turn off the phone
He said: 'It turns out that not competing with the market is true freedom.'
I’ll add:
When you no longer fantasize about beating the market and only strive to make fewer mistakes, profit will find you. @小花生说币