Today, I was quietly thinking to myself. In terms of analysis, technical setup, and cognition—I’m all on point. After going through so many bull and bear cycles, I also have plenty of experience. I didn’t manage to catch the big move on BTC at 103, and I didn’t catch 117 either. This time, from 760 I set a “take-profit to stop loss” (lock profit) to protect—I wanted to avoid turning it into a loss—but at 783 I still wanted to take a big one. It kept dropping all the way to around 743, and I didn’t get out; then I got stopped out with the “lock profit to stop loss” again. At 790, I was hit and stopped out again. At 816, I didn’t hold it and got stopped out. Then at 7758, I got hit and stopped out again!

The analysis was right, but I still couldn’t eat the move—that means there’s a problem. The biggest problem, in fact, is the “fear of loss” mindset. When I’m making money, I’m always afraid of losing; but that really won’t work. As the saying goes, “If you can’t bear to part with the child, you won’t catch the wolf.” There’s no one who’s so amazing that the moment they enter, they immediately move in the exact direction they had already picked out. There’s always a period of pain—that is, the floating-loss stage. But as long as the direction is correct, that pain period passes quickly. Once the trade turns, any loss has reasons behind it and can be justified.

Focus being affected is also one factor. Writing, teaching, and doing live streams—all of that can reduce attention. I’m different from other people. I have to rely on myself to earn money and support myself, because I don’t do all those messy, useless things. That’s why I truly cherish every single cent in my hands—every cent is money I earned through my own hard work. So I’m more prone to being loss-averse. Today I reflected for a long time, and there’s still one last hurdle I need to cross. This still has to depend on myself. I also have weaknesses—only by overcoming myself can I finally reach a clear, complete realization that puts everything into perspective. Others can never teach me that, because only I understand my own problems, and only I can solve them.

Today I opened three single-circle orders. This is because the technical side was spot-on, and the U.S. stock market started to launch to new highs—so it followed suit as well. I entered BTC at 728 because it fully met the entry signal. But within 30 minutes it immediately formed a dead cross—that’s the selling point. You basically can’t buy there. Yet I still entered. This is exactly the kind of case that shows how indicators can deceive you—you have to recognize it yourself. At the same time, I went long on HYPE58, and I reminded everyone that you can’t be flat/short (don’t just leave it that way)—using SUI as an example. With this entry, my decisiveness was stronger than before.

Before entering, I took a step—actually, I added an extra step—to pre-judge the stop-loss position, instead of setting it based on how much loss I “accept.” If I can find the turning point, then near that turning point, I set it by combining it with the way the market maker thinks. Once the turning point is reached and the trend changes, the loss isn’t random—it’s grounded and has logic.

For BTC, above 743 and 760: if it manages to stand above 760, the trend may change. As for the third leg’s decline—looking at it now—it seems it has already ended. I’m waiting for a rebound. How high the rebound goes isn’t up to me to decide. If the read is wrong, I retreat. If it’s right, I hold. What does “the read is wrong” mean? It means it can’t rise anymore; volume and price don’t match; the news turns negative; and the indicators are out of harmony. You can’t just be stubborn and carry on with blind confidence!

Everyone wants to make money, but earning money through your own real strength is the career I’ve been working on all along.