90% of liquidators in $ETH went down because of this! It's not a lack of technical skills; it's that you simply don't understand position control!
The biggest lie in the crypto world is 'perfect technicals guarantee profits'.
The truth is: out of 10 liquidations, 9 lost due to their position, and it has nothing to do with technical skills. Even if your direction is ridiculously right, what does it matter if you go all in? When the market reveals its true nature, you’re out. Newbies often ask the foolish question: 'Can I go all in this time?' Bro, you’re not trading; you’re gambling with your life on the price chart.
How many have perished in 'adding to losing positions or holding onto wrong trades'? Greedy when in profit, reckless when in loss; having a zero account balance is just a matter of time. I once relied on 'betting luck' with my positions, and after full operations, my account was about 250. It was only after deep pain that I understood: controlling positions is what keeps you alive, and controlling your emotions is what allows you to make money.
Now I only adhere to three iron rules:
① Light positions for trial trades: each trade should not exceed 10%-15% of the total position; if you lose, it won't hurt too much, and if you win, you can scale up gradually.
② Always set stop-losses: if the direction is wrong, cut immediately; stop-loss isn't a loss; it's insurance for your account.
③ Split positions to manage emotions: enter and exit in batches; the volatility of a single asset should not affect your mindset; remember, trading is not about who makes the most, but who can survive until the day they profit.
If you find position control troublesome today, you will cry over liquidation tomorrow; if you are too lazy to learn the rules today, you will have to kneel to recover tomorrow. Will you be the chives that get cut in three days, or the seasoned trader who makes steady profits in three years? The choice is in your hands.