Family, who understands! 10u turned into 100u, I thought I was a contract god, with a clear direction, but ended up falling into the same pit twice— the main force specifically chose to attack while I was sleeping, leaving me with nothing but scraps!
First short NIGHT, opening price 0.0429, feeling good setting the take profit, thinking I can have pig trotter rice when I wake up. But when I opened my eyes: closing price 0.04499, loss 233U, yield -244%! I was stunned, so I took a nap, not only did I not make money, but I also lost a month's worth of meal money?
The second time I still didn't believe it, changed the position to continue short NIGHT, opening price 0.04456, this time I specifically set the stop loss further away, thinking it was safe! But when I closed my eyes at night, the main force directly pulled the price to 0.04775, and looking at the closing: loss 223.7U, yield -358%! Even ROBO's margin was almost down to 80%, almost lost my underwear!
Now I understand:
- What's the use of being right in direction? If you can't withstand the fluctuations, everything is in vain! I'm like a naked gambler, betting all my chips on 'waking up to a rise/fall,' and as a result, the market rubs me down to the ground.
- Leverage is both an angel and a devil. I used to think '10x isn't exciting enough; going all in is the way to go,' but now I realize: going all in = delivering takeout to the main players; they wake up in the middle of the night to cut me off, it's easier than cutting chives.
- The most ironic thing is that I can accurately hit the cycle of 'sleeping → liquidation' every time. Now I even suspect that the main players have installed surveillance on my phone, just waiting for me to lock my screen and go to sleep to take action!
These two defeats cost me money, but I bought my life: from now on, when I open contracts, I will engrave these three rules in my mind: trade lightly, set stop-losses, and never hold overnight! I will no longer dream of becoming rich overnight; being alive is better than anything!
This lesson is worth it! From now on, if anyone tells me 'just sleep and you'll make money,' I'll directly throw these two liquidation charts in their face! 💸
