Looking at this market trend, many people believe that the market maker is whipsawing - the pullback is to clean up the following long positions, and then comes the real explosion node.
I ran through this wave myself three times. The first round went from 0.08 to 0.078 and then to 0.076, with a stop loss set at 0.078, but the price really broke down. That moment was quite heart-wrenching; I originally thought I didn't need to set such a tight stop loss.
In the second round, I was a bit bolder, chasing long positions at 0.078, but didn't expect it to rebound to 0.081 and then start to pull back. The stop loss I set at 0.076 was also triggered. After being stopped out twice in a row, my whole mindset is a bit fried.
Now entering the third round of long positions. The decision this time is—no stop-loss. Instead of being frequently swept out, it's better to have a good tussle with the market. Of course, this approach carries significant risk, purely betting on the judgment of the future market.
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SatoshiChallenger
· 19h ago
Data shows that 87% of traders who have their stop loss triggered twice in a row will make more aggressive decisions in the third round – ironically, this is the classic mindset curve before getting liquidated.
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GateUser-4745f9ce
· 12-23 09:00
You're gambling again, this time without a stop loss? Brother, you have a gambler's mentality.
To take two slaps in a row and still want to continue? I think it's unlikely.
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ClassicDumpster
· 12-23 08:59
Haha, this is a typical mindset explosion from getting swept up in orders. Bro, after these three rounds, you're already playing with fire.
Not setting a stop loss... I have to say you're really playing with fire; if the market really gets dumped, it could be an endless pit.
Having your stop loss triggered twice in a row, what does that indicate? It indicates that your judgment point itself is problematic, and now you're betting on the market's future?
If you can make money this time, then that's just good luck, but if you lose money, then it's directly the rhythm of getting liquidated.
Looking at this market trend, many people believe that the market maker is whipsawing - the pullback is to clean up the following long positions, and then comes the real explosion node.
I ran through this wave myself three times. The first round went from 0.08 to 0.078 and then to 0.076, with a stop loss set at 0.078, but the price really broke down. That moment was quite heart-wrenching; I originally thought I didn't need to set such a tight stop loss.
In the second round, I was a bit bolder, chasing long positions at 0.078, but didn't expect it to rebound to 0.081 and then start to pull back. The stop loss I set at 0.076 was also triggered. After being stopped out twice in a row, my whole mindset is a bit fried.
Now entering the third round of long positions. The decision this time is—no stop-loss. Instead of being frequently swept out, it's better to have a good tussle with the market. Of course, this approach carries significant risk, purely betting on the judgment of the future market.