【Helped everyone try it, graduate students can also get liquidated multiple times when trading coins】
In the cryptocurrency world, it's not about education, it's about human nature.
I used to think 'liquidation' was a word from someone else's story, until I was uprooted by the market twice.
The first time I got liquidated, I didn’t set a stop loss, watching the ETH position get pierced by a needle, my fingers trembling, unable to press the close position button; the second time, greedy for the volatility of altcoins, I got liquidated at three in the morning, only to find out that my account balance couldn’t even cover the transaction fee after daylight.
This market specializes in punishing all kinds of noncompliance, exchanges are not schools, failing the exam here can really take away your money.
Now I write my trading logs as farewell letters, marking the cause of death for each order:
"2024.3.15 Shorting LINK: Died from FOMO following the crowd"
"2024.4.2 Heavily investing in PEpe: Died from the barking of TikTok influencers"
Extracting two bad cards from Wyckoff's theory:
1⃣ When there is a divergence between volume and price, the market is lying.
2⃣ In the accumulation and distribution area, the fingerprints of the main force are hidden.
(Now when I see the USDT in my wallet, I always feel like it’s a countdown to an unexploded bomb)
Under the desk lamp in the graduate student dormitory, on the left is a paper on the CAPM model, and on the right are trading notes filled with supply zones. While my classmates are getting offers during the summer, I’m preparing to treat three months of real trading as my graduation thesis — not seeking to get rich quickly, but hoping to survive until the end of the bull market 🔚
Little retail investor's declaration:
⚠ Restarting, starting with 40u to learn skills and practice mindset.
⚠ Always use stop loss on every trade, like wearing a condom while trading.
⚠ If I touch altcoins again, I’ll cut off my hand (physically).
211 business graduate student 🧑🎓, starting from 0 🔛 to learn trading, focusing on volume-price analysis and practical application of Wyckoff theory. Thank you for your attention, let's witness the growth journey of this little retail investor together ~