Crypto Trading Notes

The secret that helped me go from liquidation to stable profit is fully revealed today. Stop—don’t rush to place an order yet. I have a question for you: can you clearly tell me why you entered those trades today at that position? Why did you set your stop loss there? Why did you close the position at that point? If you can’t answer, or if you say you just felt like it was going up or you saw it was about to drop—then sorry, you weren’t really trading. You were just flipping a coin.
I’m Kabiqiu. In the first few years of trading, that’s exactly what I was—a coin-flipper. In the morning, I’d take a look and see the market was looking good, so I went in with 50 ETH. In the afternoon, I saw it drop $50, panicked, and exited with my stop loss. At night, I saw that after my stop loss was hit it actually went up, so I chased in again with another position—and the market immediately reversed, wiping out my stop loss right away.
Back then, I was working extremely hard. I stared at the charts for more than ten hours every day, and my eyes were almost going blind. But the account was still losing money. Until one day, an experienced trader woke me up and told me to dig out all of my own trading records—those cold, emotionless lists of executed trades.
Looking at that long string of long/short profits and losses, I asked myself a question: what exactly have I learned over these years, these years? The answer was nothing. I didn’t know which trades I had done right, and why. I didn’t know which trades I had done wrong, and why. I was like someone crashing around in the desert with blindfolds on—bumping into rocks and changing direction to keep crashing, never once thinking about lifting my head to see the road. It was only at that moment that I realized: if you don’t track what you’re doing, how could you possibly know whether you’re improving? That painful habit that changed everything.
Later on, I did something—something very simple, but also very painful. I started recording every single one of my trades. I created my own trading journal. I wrote down the entry time, the reason for entering, the stop-loss level, the take-profit level, the number of contracts I placed, my mood at the time, and the basis for my judgment—everything, fully written out.
At first, it was extremely painful, especially when I was losing money. You know what? Humans are born with a mechanism called avoiding pain. When I lost money, my first reaction was to shut down the exchange and pretend it never happened, then scroll short videos to distract myself. The next day, I’d place trades again as if yesterday’s events didn’t exist. I was like that too. Later, I forced myself—no matter how bad the losses were—to finish writing the trading records that night. When I wrote, I would replay each trade one by one: why did this trade lose? Was it because the entry point was wrong? Or because my stop loss was set too tight? Or because I got swept by the spread? Or was it simply bad luck? This process was especially uncomfortable, because you have to face your own foolishness and impulsiveness again and again.
But something astonishing happened. After three months, I started noticing some patterns. For example, I realized that 80% of my losses came from the same mistake—chasing price action and killing trades with that impulse. Every time I saw the market suddenly shoot up with a big bullish candle, I couldn’t resist going long, only to get trapped at the highest point, and then get stopped out at the end.
For another example, I found that the trades where I made money all had a common point: they were planned in advance. They were all entered only after a pullback to a support level. And in every single trade, I set a stop loss. If I strictly followed these rules, but didn’t record and review, I might never have discovered them—because in the day-to-day chaos, you can’t see yourself clearly. Only when you extend the timeframe, lay out each trade one by one, can you see the real you.
The essence of recording is to install a feedback system for your trading. Someone might ask, Kabiqiu, is recording really that magical? Isn’t it just writing diaries? I want to tell you this: the essence of recording isn’t that you write things down. It’s that you establish a feedback mechanism. Today’s trade that made $50 might have been just luck. And today’s trade that lost 30 points might have been nothing more than ordinary market fluctuations sweeping your stop loss.
If you don’t record and don’t trace back, you can’t possibly distinguish what was achieved by skill from what was achieved by luck. Recording installs a feedback system for your trading. It lets you see order in chaos, find patterns in randomness, and it forces you to shift from someone who trades based on feelings to someone who trades based on logic.
And there’s another especially important point: once you start recording, you’ll find a truth—actually, the time you spend trading doesn’t need to be that much. Now, the time I truly spend making decisions each day might only be half an hour. Waiting for a pullback. Waiting for an entry signal. So what do I do with the rest of the time? I review. I reflect. I refine the system. I spend far more time on recording and reviewing than the time I truly place orders and stare at the charts. And that’s the most important part.
Finally, I want to tell you a few things from the heart. I know recording sounds boring, and doing it is even more boring—especially when you’re losing money. Who would still have the mind to sit there writing and drawing when all you want is to shut down the computer and pretend nothing happened? I understand that feeling too, because I’ve been through it. But I want to tell you a fact: those painful moments are precisely when you grow the fastest. Losing trades are your best teachers, but only if you’re willing to face them—willing to write them down, willing to ask yourself one question: where exactly did I go wrong?
Every single bit of my current stable profit doesn’t come from those winning trades. It comes from those losing trades. It comes from reviewing them one by one, reflecting again and again, and turning them into my experience, my discipline, my system.
If you ask me what the most core turning point is from loss to stable profit, my answer is always only one thing: the moment I started recording my trading journal. That’s the moment I truly transformed from someone making losses into a real trader.
Top experts in every field all share a common habit: they record every move, and then use the data to see the self that other people can’t see. The essence of recording is to turn vague feelings into clear evidence—turning what I thought into data I can speak from.
So if you’re still in that state of flipping coins every day, ask yourself one question: this year, have I really been trading? Or am I just hoping for random profits? If you don’t record and don’t learn from losses, then this year really can’t count as trading. You’re just a passenger of time, not a participant in the market. Recording is boring, recording is painful, but it’s the only channel for you to become a true trader.
If you’ve listened, then let’s start today: open Excel, or take out a notebook, and write down every trade you make from now on. In 3 months, you’ll thank the version of you from today.