It wasn't on the day I learned how to make money that I turned around, but on the moment I learned to 'admit defeat'.
The dumbest thing I ever did when first trading contracts was stubbornly holding on.
Whenever the market moved against me, all I could think was: 'Just wait a little longer, it will bounce back.' $币安人生
What happened?
At 3 a.m., watching my margin slowly get eaten away, until that alert popped up, and I was completely stunned. $DASH
Later, I finally realized one thing: the market never favors those who hesitate. $FHE
When you're in position, it's time to exit. Taking a loss isn't shameful—holding on stubbornly is truly embarrassing.
After that, I set myself a 'survival rule': if I'm wrong five times in a row, I immediately stop.
Once, the market was chaotic like a meat grinder. I refused to believe it, and even after losing the first three trades, I still wouldn't give up. Then the fifth trade wiped out all the profits from the previous two weeks.
That moment, I finally woke up—when emotions take over, you're not trading, you're just handing money to the market.
From then on, I made a rule for myself: if I lose five trades consecutively, I shut down the software, go for a run, and sleep.
The next day, the market structure usually looks much clearer. What seemed like an opportunity before was just market noise.
There's one more thing I learned the hard way: the numbers on the screen are illusions. Now, every time I make 3,000 U, I move half into a cold wallet.
During that sudden drop, I stayed calm—thanks to having already secured the profits. Money isn't yours until it's withdrawn.
I now avoid ranging markets completely.
In the past, I'd jump in with both feet, only to get whipsawed back and forth. The fees and stop-losses added up, and I lost more than in a clear trend.
Now I only trade with trends. If the daily structure isn't clear, I'd rather stay out of the market.
Position sizing is also critical.
I used to always try to go all-in, only to lose half my capital in one go.
Now I never risk more than 10% per trade—small positions for testing, so I can stay calm and analyze after a loss.
Most people lose money not because they can't read charts, but because they have too much gambling instinct.
Now, after all I've been through, I finally understand: contracts aren't a shortcut to wealth, but a long-term test of discipline.
Cut losses when needed, stop when necessary, take profits when you can.
I once wandered blindly, taking too many wrong turns, before realizing that choosing the right path matters more than speed.