Starting from 20U, challenge an average daily compound interest of 10%✊🏻

Today is the sixth day, and the balance has reached 94.58U, almost a 5x increase, with earnings progressing 9 days ahead of the target. The same trading strategy, and not having a position mentality indeed makes a big difference, with fewer worries.

This time, I’m not in a hurry to open a position until I reach 500U; the goal is to first complete the challenge of 10,000U, and then maintain a pressure-free state. After achieving a good state, I will consider opening a position.

No matter how good the skills are, the market has randomness. Even with excellent skills, one cannot withstand heavy investments and all-in bets; heavy positions cannot withstand volatility and can easily be wiped out in one wave. Those who have experience often like to mention losses resulting in liquidation❗ Many outstanding traders have failed due to rushing for profits with heavy investments and all-in betting.

The most common situation with heavy positions: the price bounces back, but the position is gone🤷🏻‍♂️, can liquidation really indicate poor skills❓❓