#HasTheMarketDipped? "Liquidated over 200 times, yet he keeps opening long positions: What exactly is Brother Maji playing?" 1. First, the conclusion "Continuously opening longs and appearing to be consistently losing" does not necessarily mean he is profitable elsewhere; but in a professional trading and capital operation system, this behavior "can be entirely rational." This is not conspiracy theory, nor is it naive. The key point of this matter is not whether the unilateral long positions are losing money, but whether: Is he truly "losing" in the same account and same dimension, and whether his profit targets are consistent with what you see. 2. From a professional perspective, there may be three real scenarios Scenario 1: He is executing a strategy of "high certainty direction + high tolerance for trial and error" This is the most "naive," but also the easiest for retail traders to misunderstand. Core logic: He has strong conviction in medium- to long-term directions (e.g., BTC bull market) He repeatedly tests longs with small positions over short cycles Stops loss when wrong, waiting for the trend to truly start What you see: Long → Stop loss → Long → Stop loss again But what you don't see: Each trade exposes very low risk Once the main upward phase is caught, one trade covers the losses of the previous N times This is very common in trend trading, appearing as "constant losses," but essentially waiting for "that one" moment. 📌 For outsiders, this can be uncomfortable, but for those with large capital and strong execution, this is standard practice. Scenario 2: He is not making profits from "directional trading," but from "structural profits" This is almost invisible to ordinary people. Possible combinations include: Heavy spot holdings + frequent contract stop-loss hedging Options structures (buy Gamma / sell Theta) Multi-account systems: display account ≠ profit account An example without conspiracy: He might frequently do long stop-loss in a "publicly visible" account Meanwhile, in another account or product, Holding large amounts of low-cost spot Or locking in gains through options, OTC, or off-exchange structures What you see as losses are more like: Cost, insurance premiums, or necessary expenses for volatility speculation 📌 This is not "scalping fans," but a common operation method for professional funds. (Of course, I should clarify that the above methods are objectively existing capital operation paradigms in the industry; I cannot monitor Brother Maji's hidden accounts, so I cannot provide concrete evidence, just for reference~) Scenario 3: He is earning not from trading PnL, but from "value outside of trading" This is the easiest to overlook but very common in reality. For example: Influence itself is an asset Consistently expressing bullish stance helps to: Maintain his circle status Stabilize his brand narrative Amplify his gains in other projects, equity, or off-exchange collaborations In this case: Trading itself is not the profit center But a tool for narrative, stance, and discourse power extension 📌 From a business perspective, this may not be a bad thing, but it is completely different from your goal as a pure trader. 3. But beware of another more dangerous misunderstanding Many people instinctively draw a conclusion: "He dares to keep opening longs while losing, he must be making big money elsewhere, I can do the same." This is the most fatal cognitive error for ordinary traders. Three points need to be very clear: Different capital sizes: His tolerance for trial and error is not what you can afford Different information dimensions: You see the behavior, he masters the structure Different profit sources: You rely solely on trading, he may not 4. From the perspective of an ordinary trader, what truly should be learned is not "imitation," but "reverse extraction" Only three points are valuable to learn from him: Direction and rhythm are two different things Seeing the big direction does not mean you have to make money on every K-line Losses are not scary; losing control is If every loss is pre-calculated, it is a cost, not a failure Do not treat others' "system behavior" as your "single signal" The last important sentence: Master traders' losses may look foolish; Retail traders' imitation is often the real foolishness. #市场触底了吗？ Next Fed Chair#ETH #BTC