Sharing some recent live trading records. There was indeed a period of struggle earlier, but after sticking it out, it took about a month to get back on track. At the peak, the account's unrealized profit reached $2800. I was thinking of adding more, but a retracement wiped out $2000, almost breaking my mindset. Fortunately, I set stop-losses in time and managed to preserve some profit. However, looking at this curve, it’s quite ugly, and I had to adjust my mindset for several days. This time, starting from zero, I am re-planning my strategy, and I will continue to follow the Bitcoin market.

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SatoshiHeirvip
· 01-08 19:23
It should be pointed out that your recent actions reveal a fatal flaw—according to the mathematical proof of the Kelly criterion, increasing the position after a $2,800 unrealized profit is a classic example of risk management failure. On-chain data shows that most retail investors' psychological account effects at this stage lead to overexposure, which is no coincidence.
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LucidSleepwalkervip
· 01-08 08:51
Unrealized profit of 2800, directly retraced 2000. This wave of correction is really intense, and it takes time to adjust the mindset.
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GasFeeWhisperervip
· 01-08 08:50
A 2000-dollar drawdown is really painful, but the stop-loss was well executed. Many people get caught here.
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SellTheBouncevip
· 01-08 08:47
Sell on rebound. Your stop-loss this time was quite timely; most people had already fully bought in long ago.
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ChainDoctorvip
· 01-08 08:45
Losing $2000 directly, this wave of pullback is indeed quite intense, but at least the bottom line was preserved, much better than clearing the entire position.
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