$BTC Do you remember when I first started trading contracts, watching the numbers in my account fluctuate, my heart racing as if I were at a dance party! One time, I had my eyes on a coin called SOP, convinced it was going to drop, so I went all in and shorted it!
What happened next? The market played a big joke on me, the price kept rising, and my unrealized profit and loss turned bright red, making me tremble with pain. At that moment, I truly understood what it meant for 'the market to teach you a lesson.'
Later, I realized that relying solely on feelings and impulsive decisions doesn’t work in the contract market. **Position management**, **stop-loss settings**, these are lessons learned at the cost of blood and tears. Just like this time, although I was right about the direction to short SOP, if I hadn’t been so greedy at the beginning, controlled my position, and set a stop-loss, I wouldn’t have been hit so hard by the market.
Looking back now, although that liquidation cost me a lot of money, it also made me truly start to pay attention to risk, learn technical analysis, and gradually build my own trading system. So, mistakes in trading are actually a valuable asset on our path to growth! Have you ever experienced a similar moment of 'paying tuition'?