Last night, I placed three trades. Now, let's review the overall approach and lessons learned.
The first two trades were trend-following; theoretically, the direction was correct. However, both were hit with spike reversals, resulting in breakeven or small losses. The third trade involved a long position built well; theoretically, I could hold overnight to catch a big move, but since I have to work early tomorrow, I decided not to hold overnight. From a broader perspective, after breaking previous highs, there's still a chance for a pullback. I'll consider chasing longs tomorrow morning based on the position.
Where did the problem lie? The five or six points lost in the first two trades mainly stemmed from imprecise initial entry points. I usually use position sizing methods like 235 or 532—adjusting based on market momentum. When there's a violent spike with high volume, I open 5 ETH as the initial position; during gentle upward moves, I only open 2. As long as there's profit, I immediately set breakeven stops and never hold against the trend. Only losing trades tolerate about 20 points of fluctuation.
The issue last night was that the initial entry position was not ideal. Although the price did move upward afterward, the spike directly pulled us into trouble.
Honestly, according to my trading discipline, I shouldn't have taken these three trades last night. I was greedy, thinking I could make a few points. But I just asked myself: what if a sudden market move occurs? The answer is very clear—remain disciplined, open fewer trades, and save bullets for the clearest opportunities. If the setup isn't right, I will definitely not enter. That is my bottom line.
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RugDocDetective
· 14h ago
Greed is really the biggest poison in trading. I fell into this trap several times last year.
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FrontRunFighter
· 14h ago
ngl this is just textbook sandwich attack vibes... dude got frontrun twice and didn't even realize the needle was systematic extraction. position sizing means nothing when the dark forest is hunting your entry. would've dumped those first two the second i smelled the volume spike—that's not volatility, that's predatory pricing.
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GasFeeNightmare
· 14h ago
Damn, once again I got slapped in the face by the pin insertion. Where's the discipline, brother?
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RugResistant
· 14h ago
Greed is really the poison of trading. Knowing that the conditions are not met, yet still forcing the trade—aren't you just digging your own grave?
View OriginalReply0
OldLeekConfession
· 15h ago
Greedy habits really need to be fixed. Just trying to earn a few more points, and ended up getting a lesson with a needle in return.
Last night, I placed three trades. Now, let's review the overall approach and lessons learned.
The first two trades were trend-following; theoretically, the direction was correct. However, both were hit with spike reversals, resulting in breakeven or small losses. The third trade involved a long position built well; theoretically, I could hold overnight to catch a big move, but since I have to work early tomorrow, I decided not to hold overnight. From a broader perspective, after breaking previous highs, there's still a chance for a pullback. I'll consider chasing longs tomorrow morning based on the position.
Where did the problem lie? The five or six points lost in the first two trades mainly stemmed from imprecise initial entry points. I usually use position sizing methods like 235 or 532—adjusting based on market momentum. When there's a violent spike with high volume, I open 5 ETH as the initial position; during gentle upward moves, I only open 2. As long as there's profit, I immediately set breakeven stops and never hold against the trend. Only losing trades tolerate about 20 points of fluctuation.
The issue last night was that the initial entry position was not ideal. Although the price did move upward afterward, the spike directly pulled us into trouble.
Honestly, according to my trading discipline, I shouldn't have taken these three trades last night. I was greedy, thinking I could make a few points. But I just asked myself: what if a sudden market move occurs? The answer is very clear—remain disciplined, open fewer trades, and save bullets for the clearest opportunities. If the setup isn't right, I will definitely not enter. That is my bottom line.