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Following the copy trading for six days now. To be honest, this wave of market movement has been quite tough for me—my tracked account got liquidated during the ETH-BTC rally, and my stop-loss at 3220 was triggered, resulting in a loss of 5000U.
I originally thought I could get through this difficult period, but I still couldn't hold on. Fortunately, the only thing lost was the profit accumulated over the past two months; the principal remains intact, which is a small blessing in disguise. But seeing the account go from profit back to a -3300 loss, that feeling is really uncomfortable.
From the liquidation to the stop-loss and now, I’ve been pondering a question: how should I proceed on this copy trading journey? Should I continue adjusting my strategy, or pause to rethink my approach? Every time this happens, it forces me to reevaluate my risk management. Although I executed the stop-loss, why did I still get caught in such a big loss? Maybe the problem isn’t with the tools, but with the foresight in market judgment.
Next, I plan to observe the market first, using small-scale trial and error to get a feel for it, and avoid rushing into all-in positions again.