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Every time I think "I've got this," the market tells me "You're not worthy."
Just felt like I was getting the hang of trading, and HYPE gave me a lesson.
Long position, average entry price 73.189, forced liquidation at 69.506, -98.58%, losing $39.04.
How did it happen?
Yesterday, BTC and DOGE made a few profitable trades in a row, though not much money, but the rhythm was right, and my mindset was stable. A thought started to drift in my mind: "Seems like I’ve found a way."
Then I saw HYPE rising, thought "It can still go higher," and chased in. No stop-loss? Didn't set one. I thought, anyway, the position isn't big, I can hold on and it should come back.
But the market suddenly turned around and headed straight down. By the time I reacted, the forced liquidation notification had already popped up.
39 dollars, not much. But the irony is—yesterday I just wrote a post about "going with the trend, scaling in, not greedy," and today I did three things completely opposite. Chased the high (not going with the trend), entered all at once (not scaling in), didn't set a stop-loss (greedily thinking I could hold it back).
Every time I feel like I’ve improved, the market finds my weakest spot and kicks me hard.
This loss was well-deserved. Write it out, admit the mistake, start over.
#我的Gate交易时刻