Machi has fallen again this time! As soon as the market adjusts, his Position has been partially liquidated. He currently holds a long order of 3300 ETH, worth approximately 9.4 million dollars, with the liquidation line set at 2831.58 dollars.
To be honest, the last account is still not settled - the 1 million principal has shrunk to 360,000, isn't that a deep lesson? As a result, they turned around and continued with high leverage operations, even when the market was not right, they still stubbornly held on.
This trading method is really dangerous: when the market rises, you are reluctant to take profits, and when it falls, you stubbornly refuse to admit defeat. It’s called trading, but it actually feels more like relying on luck. The market will not change direction because of your obsession; if you are not decisive when it’s time to cut losses, you will ultimately suffer the consequences.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
4
Repost
Share
Comment
0/400
alpha_leaker
· 12-01 01:51
Here comes that trap again. Addicted to high leverage, huh? Playing 1 million down to 360,000 and still daring to continue? This isn't trading; it's gambling.
View OriginalReply0
OffchainWinner
· 12-01 01:50
Wow, here we go again? Last time I played with 1 million and ended up with 360,000, and I still haven't learned my lesson. This time I'm still daring to use leverage; it's really gambling with my brain.
View OriginalReply0
rekt_but_resilient
· 12-01 01:39
This guy is really addicted, didn't a cut of 360,000 wake him up? Still daring to go all in, deserves to be liquidated.
View OriginalReply0
SerumSqueezer
· 12-01 01:24
Losing from 1 million to 360,000 and still haven't learned, dare to continue using leverage this time... it's really a gambler's mentality.
Not reducing position or setting stop loss, just waiting for the market to take the opposite position to teach you a lesson.
Machi's operation this time is really getting carried away, 3,300 ETH pressed down there, to put it bluntly, it's just betting on a rebound.
This trading method is bound to blow up sooner or later, luck will eventually run out.
Still 3,300 ETH? How can you still be greedy, clearly not learning the lesson.
In comparison to the last disastrous situation... it's like knowingly walking into a tiger's den.
For some people, the words stop loss are just for show, right?
It's just that the greed disease has struck again, again and again.
Machi has fallen again this time! As soon as the market adjusts, his Position has been partially liquidated. He currently holds a long order of 3300 ETH, worth approximately 9.4 million dollars, with the liquidation line set at 2831.58 dollars.
To be honest, the last account is still not settled - the 1 million principal has shrunk to 360,000, isn't that a deep lesson? As a result, they turned around and continued with high leverage operations, even when the market was not right, they still stubbornly held on.
This trading method is really dangerous: when the market rises, you are reluctant to take profits, and when it falls, you stubbornly refuse to admit defeat. It’s called trading, but it actually feels more like relying on luck. The market will not change direction because of your obsession; if you are not decisive when it’s time to cut losses, you will ultimately suffer the consequences.