江师兄

From a floating profit of 10000u, set a 0.785 drawdown to break even, the market maker smashed through the break-even price in 2 seconds, directly sliding to 0.625, resulting in a direct loss of 16000u. Market maker, are you even human? You're worse than a beast. The crypto world keeps refreshing my understanding; this level of slippage is something I've encountered for the first time. I've lived long enough to see this.

In a wave of such a decline 📉, how many people can catch it? Do you know how I caught it?

This market is really too rogue, there is simply no chance to run long positions, and no chance to open short positions; it just dropped directly. Encountering such a market maker makes it impossible to make money👎

It took half a year to break through the $500,000 mark, which wasn't easy at all. In the future, I will definitely not change strategies and models randomly. It's still easier to work with a small profit-loss ratio; a large profit-loss ratio is too difficult.

Short-term trading is also very exciting; you can go back and forth. The recent market is like this; it's hard to predict. As long as you achieve suitable profits, you can secure your gains. This month, all the short-term strategies I employed surprisingly led to substantial rewards. The summary is that you must create your own market and not try to earn every penny, as risks are always present.

Recently, I don't want to play the big pattern anymore, the knockoff big pattern is too draining.

Lucky to catch a wave, but a bit cowardly, afraid to increase the position, otherwise it would have doubled the profit.

It's just one sentence: I've been a complete mess in the past few months. I haven't earned the money I should have, and I've lost the money I shouldn't have. My trading frequency is higher than before, and I've also taken a few head positions in between. Being able to stay steady is already the greatest happiness. I hope everyone can do better than me. Right now, I just want to quietly earn my little u and don't dare to come out and embarrass myself.

It's been a few months since I logged into my account, today I'm just popping up.

In July, we suffered a loss of 150,000 USD, another month of being overwhelmed 🈷️. The main reason was the modification of entry rules leading to high-frequency trading, continuous stop-losses causing psychological imbalance. In short, we lost money.

Today my mentality broke. I reached a maximum profit of 100,000 USD and ended up with a loss of 23,000 USD. You can start scolding me now.

Both times my maximum profit reached 50,000 USD, but I ended up losing. Rather than saying it was bad luck, it's more accurate to say my ability to profit is too poor. Facing the reality of the situation is just garbage. I have no other thoughts to share, feel free to criticize, go ahead and vent your frustrations, I absolutely will not argue back.

Lost 22,000 units in one day, are you feeling overwhelmed?

In such a clear market situation, losing money every day is frustrating. The trading rhythm has been chaotic these past few days, confirming a saying: opportunity is also risk, and risk represents opportunity. Many people say that the most important thing in trading is technology, but this mindset is incorrect. The most important thing in trading is discipline, and a bit of luck is also needed. As long as you strictly adhere to trading discipline and avoid major mistakes, you can definitely make money in the long run.

Trading in July has been very unlucky, with terrible luck. Either I opened positions a bit too early, or a bit too late, or the market reversed right after I opened a position, or I hit my stop-loss at the very peak. No matter what I do, I just keep losing, especially those frustrating losses that mess with my mindset. It's driving me crazy.

When trading is not going well, even in a good market, you will lose money. Many people think I have made a lot of money in the past few days, but in fact, I not only haven’t made any money but have also lost tens of thousands of units—a complete disaster.

In summary, trading is an imperfect game. As long as you strictly follow trading discipline, you can make more money when luck is on your side and lose less when luck is against you. Occasional small mistakes are reasonable; you can't let bad luck overwhelm you, as being overwhelmed means losing. Missing out on market opportunities is also part of trading, so here's a saying for everyone: it's better to miss out than to make a mistake.

Come on, brothers, share your frustrations in the comments!

Woke up half an hour and lost 14,000, my mindset has collapsed

In half an hour, I continuously hit stop-loss on 4 trades, it has been a long time since I felt like this. I hadn't posted for a while because I was controlling my emotions very well and managing my drawdowns effectively, but today I woke up to this inexplicable stop-loss.

The #TANSSI hit me hard with two trades, it felt like my heart was shattered. As soon as I opened a position, it immediately retraced and triggered the stop-loss; after losing, it continued to rise 📈, and it happened several times. It's maddening.

#ZEREBRO almost killed me; the first thing I saw when I woke up was it, strangely familiar. Without saying a word, I went for it, and in 3 minutes, I got a deadly embrace. The first trade I opened resulted in a loss, and then in the next 10 minutes, I realized there was a possibility of a sharp drop. I decisively reversed and went short, and it was significant; it dropped very quickly. I added to my position, but right after adding, it started to rebound. The break-even I set didn't trigger, and I only blinked for 4 minutes. From a floating profit of 8,000, it turned into a loss of over 4,000. Seeing that, my mindset exploded in an instant. I hesitated for a minute but couldn't bear the pressure in my heart and still closed the position.

To be honest, brothers, during that 1 minute, I felt like I was holding onto the position. This 1 minute made me develop a gambler’s mentality; this 1 minute was the only time in the last two months that I broke my trading discipline.

Looking back now, I just did something really stupid; the normal approach should have been to close the position immediately when I saw it, rather than waiting that 1 minute. The main reason I waited was, “What if it continues to drop? Then I can get back to break-even.” It was this kind of gambler's mentality that led my humanity to make the worst decision at that moment. Fortunately, my rationality told me I had to stop-loss because that's my trading discipline.

In summary, no matter who you are, even experts encounter difficulties in trading. It is during these particularly challenging times that a person's composure and execution are tested. This is also what distinguishes experts from amateurs. So, this year, being able to achieve 44 times profit in my account is mainly because I adhered to trading discipline. Brothers, have you encountered situations like mine in your trading process? If so, let's discuss it in the comments.

June Performance Sharing
In June, a total of 67 trades were made, including 34 stop losses, with a loss of -32,000u, 32 break-even trades with a total small profit of 8,000u, and 2 profitable trades, one of 60,000u and the other of 83,000u.

In June, there were basically trades happening every day. Due to the mistakes made in April, trading has become very cautious now, so the overall drawdown in June has been relatively stable. I hope to continue to work hard next month.

Actually, it’s not necessary to make a profit every day in a month. As long as you can make two to three profitable trades in a month and control the trading frequency well, only trading in familiar markets, making money is actually quite easy.

This coin, #HUSDT , unexpectedly broke out at the bottom and is currently in the first wave. I hope it can form a second wave, which would complete an upward trend. The market is moving very quickly; has everyone caught on?

Is this coin #br one with a thousand hearts? To produce such a K-line shape this year is truly unique. Big players and market makers, should you at least put in a little effort? An electrocardiogram shouldn't be this flat after all. This pattern looks too fake. Even if you're going to harvest the retail investors, you should at least put on a show. Old retail investors like us don't even dare to follow along; how can you harvest us?

#zkj After a long drought, it rains sweetly. Catch a wave of quick orders, make a small profit, and when the opportunity arises, you must be able to enter decisively. How many friends got a share of the profits, please share!

The recent market conditions are as bland as plain water, with no fluctuations. Often, such a situation over time indicates that the market is brewing greater opportunities. The overall trend in the past two months has been bullish, so will the market continue to rise? Personally, I think the possibility is still quite large. Recently, the cryptocurrencies that need attention are those with rapidly increasing trading volumes, especially those that are particularly volatile and have risen sharply; they could be the next major opportunity.

$TRB Today I took a profit of 30,000 USD, which is also the only active profitable trade in May. In the last 10 days of April, I had a total loss of 140,000 USD, which seriously affected my mindset, but I managed to control it quite well in May.

In May, I made a total of 84 trades, with 44 of them being loss trades, 37 being break-even trades, and 3 profit trades, all of which were small profits. It was a mix of losses and gains, and ultimately, I had an overall loss of 169.39 USD in May, which is a stroke of luck within misfortune. This month has had a significant impact on me: firstly, my mindset was affected last month, and in the early part of this month, I continuously missed out on a profit of 300,000 USD (these profits were already floating gains). Recently, I made a small adjustment to my profit target, lowering the risk-reward ratio first, to ensure normal account returns, and once my mindset stabilizes, I will adjust the normal risk-reward ratio.

Trading is actually quite difficult. The entry points are relatively easy to grasp, but the hardest part is managing emotions and state. When faced with challenges, it especially tests a person's psychological quality, like the significant mindset test I faced in the last 40 days. No matter what, I at least adhered to strict trading discipline, with minor mistakes, but no major ones. For example, I strictly followed light positions, stop losses, and trend-following. The only small error was that my trading frequency was still a bit high. There weren’t many good opportunities this month, yet I opened over 80 trades, which is quite a lot, and I spent almost 10,000 USD just on fees. So controlling my hands is actually a very difficult psychological activity.

The above content reflects my personal trading insights and growth journey, hoping it can help everyone. If there are any questions, feel free to leave a message in the comments.