Some time ago, I decided to take all profits and withdraw. Honestly, I am not cut out for short-term trading.
Looking back at my previous trading records, I lost every time and was completely wiped out. When my funds grew from 18,000 to 240,000, I was still proud of myself. Later, I recharged 20,000, hoping to ride the momentum, but although the account showed a 6x return, most of the funds were never put to use. Just look at the order records to see how rushed those decisions were.
The problem isn't the market; it's my mindset and trading skills that don't match the account size. Short-term trading requires quick judgment and strict execution, but I always waste time hesitating and regretting. Instead of forcing large trades, it's better to admit my limitations.
Now I plan to change my approach, start over with small amounts, and improve my skills first. Some pitfalls can only be understood by experiencing them myself.
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SchrodingersFOMO
· 16m ago
Really, not many people know their true capabilities. Your awareness is quite clear.
From 240,000 back to a small amount... This reflection is worthwhile.
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HashBandit
· 21h ago
nah fr this hits different... back in my mining days i was doing the exact same thing, just with hashrate instead of leverage. kept throwing more hardware at the problem thinking scale would fix bad decision-making lol. spoiler: it doesn't. the math was there in my electricity cost calculations but i ignored it anyway 🤷
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ImpermanentPhobia
· 01-06 06:24
This realization came quite timely; not everyone dares to admit defeat.
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Getting back to 240,000 from a loss; how strong must your psychological resilience be...
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I told you, people who frequently open orders tend to lose the fastest.
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Taking profits and running is never a loss; once you understand this, you've won half the battle.
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Being able to withdraw small amounts from large funds indicates you haven't been completely brainwashed by the market; this is an advantage.
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If short-term trading isn't suitable, don't force it; you'll only waste time and transaction fees.
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Really, having self-awareness is a hundred times better than blindly chasing losses.
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Starting over with a small amount? That's the smartest choice, very stable.
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SandwichVictim
· 01-05 10:53
这自觉性得了,比那些还在死扛的强多了
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GigaBrainAnon
· 01-05 10:52
The gap between paper gains and actual withdrawals is something I deeply understand...
In one sentence, knowing your own strength is the key to winning.
Your decision to take profits this time is actually the clearest. I've seen too many people hold on stubbornly.
Starting over with small amounts is really nothing to be ashamed of; it's much better than those who go all-in and get trapped.
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GasFeeCrybaby
· 01-05 10:51
Haha, this is me. Knowing my own limits is the most important thing.
I'm the same way; when I'm greedy, it's easiest to stumble.
This move is still rational; it's much smarter than stubbornly holding on.
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TokenVelocity
· 01-05 10:48
This self-awareness is commendable. Recognizing that you're not suited for short-term trading is much better than stubbornly holding on.
Some time ago, I decided to take all profits and withdraw. Honestly, I am not cut out for short-term trading.
Looking back at my previous trading records, I lost every time and was completely wiped out. When my funds grew from 18,000 to 240,000, I was still proud of myself. Later, I recharged 20,000, hoping to ride the momentum, but although the account showed a 6x return, most of the funds were never put to use. Just look at the order records to see how rushed those decisions were.
The problem isn't the market; it's my mindset and trading skills that don't match the account size. Short-term trading requires quick judgment and strict execution, but I always waste time hesitating and regretting. Instead of forcing large trades, it's better to admit my limitations.
Now I plan to change my approach, start over with small amounts, and improve my skills first. Some pitfalls can only be understood by experiencing them myself.