#ETH Why do so many people lose money? Because they always have the mindset of getting rich overnight. In reality, earning a little bit every day is enough. You must, must, must control your hands and not enter a position casually, because each time you are trapped, your mindset is greatly affected. I started playing at the beginning of June and have already lost quite a bit. Now I am summarizing my experiences, and I must enter a position lightly and never go all in.

The initial goal of playing was to earn 100u every day, and I actually achieved that. However, after getting trapped once, my mindset went downhill. I was thinking about winning it back, and the result, as you can imagine...
After blowing up a few times, I realized my initial position was too small. Later, I increased my position, and indeed, during those few days, I made about a thousand U every day. Until one night, I played that F-starting scam, which completely messed with my mindset. I opened a short during the uptrend, got trapped, and kept adding to the position, losing ten thousand U in half an hour. Watching the numbers jump continuously, I reversed my position a few times. It was precisely because of the chaotic reversal operations that I incurred losses. When my mindset collapsed, I couldn't control myself at all; I just wanted to break even. I couldn't understand the candlestick charts anymore and couldn't analyze anything either. If I hadn't reversed my position and just held on, I could have made a few thousand U.
Due to this operational mistake, I ended up being trapped for several days afterwards. During this time, I also opened a small account, which got trapped a few times too, losing several thousand u. June has really been unlucky, and in July, I will seriously reflect on this. I must control my position, protect my principal, and aim for compound interest to win. I will never randomly enter a position again. I think earning 5-10% daily is enough; I can't be greedy. The previous few times, it was also due to greed that I didn't exit with a good profit, and in the end, I lost the profit and trapped my principal, resulting in a final trap. I am truly frustrated with myself. I hope I can follow the rules this time. Let’s all work hard together! May all traders break through their bottlenecks, find a suitable trading method, and ultimately achieve financial freedom!!!