Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Day 8: When $200 Went Down the Drain—And How I Kept My Portfolio Alive
Failed. Lost $200 in a single trade. Brutal? Sure. But here's the thing—my account survived.
Starting with just $200, I learned the hardest lesson in crypto: taking a loss doesn't mean losing everything. Most traders panic when they get hit. They either chase the loss or freeze up entirely. I did neither.
What actually saved my account was something most beginners skip over: position sizing and stop-loss discipline. When that $200 trade went south, I already had a plan. I knew my exit point before I even entered. The loss stung, but it was contained.
That's the real game-changer. Risk management separates accounts that survive from accounts that evaporate. You can be wrong on the direction and still win at trading if you're right about how much you're willing to lose per trade.
So yeah, I failed at picking the right move. But I succeeded at not destroying my capital doing it.