This is a trading reflection post: How I almost got played to death by $WLFI .🤡

Summary:

I was originally making money and had taken profits; I even sent three reminders in the square telling everyone "Don't be greedy! Take profits when you should." So what happened? I ended up breaking my own rules.

The mistake I made is the one I despise the most: greed.

Yes, I sold a bit in batches, but I didn't sell at $0.39. Just this one move, and it went south.

When it dropped, I didn't cut my losses; instead, I added to my position.

My fans are smarter than me: they ran away early and didn't recklessly increase their positions.

You all saw the subsequent trend — a complete freefall, and it couldn't be stopped at all.

Where did I go wrong?

- Greed over discipline: I became the kind of trader I hate the most.

- Blind confidence: I thought that after trading for many years, I could automatically maintain discipline. Wrong! Relax for a second, and the market will slap you right back.

- Execution collapse: I said "Always take profits in batches," but my actions only delivered half.

The most ironic part is that just after I wrote "Greed is one of the seven deadly sins," I turned around and jumped into a pit myself.

Trading is like quitting smoking: you always think you've kicked the habit, but once you relax, you immediately fall back to square one.

After reflection:

- Contracts — messed up

- Spot — I’m still in the car

I will continue trading $WLFI.

I still have confidence in this coin and the USD1 mechanism.

This is not an emotional statement. In the next post, I will clarify the logical support behind it.