#我的Gate交易时刻 Today I must review this painful DOGE trade that made me feel like I was hunted. As shown in the picture, I opened a 10x leveraged long position on DOGEUSDT, with an entry price of 0.10838, and the current latest price has dropped to 0.08688, resulting in a floating loss of -32.44%.

This "paying tuition" moment has given me deep insights into investing. First is the lesson of blindly testing the waters; when market sentiment is unstable, I always thought the 0.1 support level was very strong, but I ended up on the left side of the curve halfway up the mountain, getting trapped tightly. Second is the inadequate position management and stop-loss execution; although 10x leverage isn't extremely high, without strict stop-loss settings, fighting against the trend can still be very costly.
As an investor who is constantly exploring on the trading journey, this was also my "key trade." Although it is now in the green (loss), it constantly reminds me: surviving in the crypto world, respecting the market is always the top priority. Next, I plan to continue holding and observing, while strictly executing plans to add to positions gradually or cut losses at designated points, and never blindly fight against the trend again. I also advise new friends with similar experiences: when trading futures, always set proper stop-losses, and never go against the trend!