Last summer, I experienced a complete liquidation. The reason was particularly stupid—it's not that I couldn't understand the market, but I knew I should cut losses, yet I clicked "Cancel."

At that time, Bitcoin was consolidating around 29,000 for two weeks. I opened a long position with more than 3x leverage, believing a bottom had formed. The next night after entering, the price suddenly dropped 4%, hitting my preset stop-loss level. The system popped up a notification saying "Stop-loss triggered," but I inexplicably clicked "Cancel and handle manually"—thinking, "I'll just observe a bit more, it will rebound soon."

But it didn't rebound. The price kept falling, and I became more anxious the more I watched, yet I was too afraid to cut. By the time I finally made up my mind, my position had been liquidated. That night, I lost three months' worth of salary.

In retrospect, I realized the problem wasn't my analysis skills but my execution.

I set a strict rule for myself: when opening a position, I must set stop-loss and take-profit orders. Once triggered, I won't modify or open a new position in the same direction that day. To prevent myself from being careless, I made this rule my phone lock screen wallpaper: "Stop-loss triggered = trading over."

Now, before each trade, I double-check the take-profit and stop-loss settings on Gate. This habit has saved me many times—for example, recently when Bitcoin retraced from 44,000 to 41,000, I had my stop-loss at 40,500, just avoiding a deep dip.

To new traders, I want to say: technical analysis can be learned gradually, but discipline in stop-loss must be established from day one. The market won't stop falling just because you "feel it's about to rise." Leave risk control to the system, and keep emotions out of trading. #我的Gate交易时刻