Last night on Tradoor, I suffered a big loss, going long directly resulted in a failure, and the lesson was deeply engraved.
I was full of confidence when placing the order, still analyzing double tops and triple tops patterns. Turns out, when dealing with coins that are in sideways consolidation, any candlestick theory is just talk on paper. Once you keep chasing longs, you'll fall into endless oscillations—either a sudden plunge or a sudden surge, with no third option.
I have a buddy who got caught here. He only invested 10U to go long on Tradoor, but he refused to believe in luck, kept adding margin to hold on, and finally lost over 100U before cutting losses.
Looking at it from the short side, I always focus on the most explosive coins like MYX, COAI, and similar(. The conclusion is: going long wins temporarily, but shorting is the long-term strategy. After this wave, I finally understand—I'll never touch long positions on sideways coins again.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
GateUser-addcaaf7
· 9h ago
Sideways coins are really the ultimate, K-line analysis is just a waste of brainpower.
Adding margin is like jumping into a fire pit; over 100U, and it's gone in an instant.
Shorting is the way to go, steady and profitable.
How is the Tradoor platform? Are the fees fair and not exploitative?
But speaking of which, chasing highs is the easiest way to get wiped out. Learning to cut losses is also progress.
It's really a gambler's mentality—stubbornly holding onto 10U losses until they turn into 100U. This guy must be very stubborn.
If you lose again next time, it all depends on whether you remember this lesson.
View OriginalReply0
MissingSats
· 9h ago
Sideways coins are really a meat grinder; the K-line is all deceptive.
View OriginalReply0
WhaleInTraining
· 9h ago
Consolidation really can mess with your mindset, and the K-line patterns are just a joke in front of this kind of coin haha
View OriginalReply0
0xTherapist
· 9h ago
Sideways trading coins are really the graveyard for traders; chasing longs is just courting death.
View OriginalReply0
LightningAllInHero
· 9h ago
The sideways coin is a thing that eats people and does not spit out bones, and the dead bulls are really blood-lost
View OriginalReply0
AirdropBlackHole
· 9h ago
Consolidating coins is just a slaughterhouse, going long is like offering vegetables.
View OriginalReply0
PumpDetector
· 9h ago
nah this is classic whale trap behavior tbh... sideways action is where retail gets liquidated fr fr
Last night on Tradoor, I suffered a big loss, going long directly resulted in a failure, and the lesson was deeply engraved.
I was full of confidence when placing the order, still analyzing double tops and triple tops patterns. Turns out, when dealing with coins that are in sideways consolidation, any candlestick theory is just talk on paper. Once you keep chasing longs, you'll fall into endless oscillations—either a sudden plunge or a sudden surge, with no third option.
I have a buddy who got caught here. He only invested 10U to go long on Tradoor, but he refused to believe in luck, kept adding margin to hold on, and finally lost over 100U before cutting losses.
Looking at it from the short side, I always focus on the most explosive coins like MYX, COAI, and similar(. The conclusion is: going long wins temporarily, but shorting is the long-term strategy. After this wave, I finally understand—I'll never touch long positions on sideways coins again.