When trading the $ICNT contract, are you really relying on your intuition, or are you using Technical Analysis?
To be honest, I have seen too many people unable to succeed on both of these paths.
Placing orders purely based on feelings is like driving in thick fog. When the market fluctuates slightly, you start to feel uncertain, and your plans change repeatedly, adjusting your positions over and over again. Such operations often don't end with just one liquidation; instead, the market gradually erodes your principal, and in the end, you lose all your confidence.
Reliance on technical indicators can also be fraught with problems. No matter how perfect the chart is, it can't prevent a sudden spike – positions can vanish in an instant. What’s more painful is that after a liquidation, the market tends to rush in the direction you initially predicted.
Once you fall into this trap, many people find it hard to get out. Unwilling to accept it → wanting to recover losses → continuing to increase positions, once this cycle starts, it won't stop. The more you want to quickly recover your losses, the more aggressively you bet; the more aggressively you bet, the more your mindset collapses; when your mindset collapses, all your decisions become chaotic. The final result is losing all your chips.
The root of the problem lies not in whether you can read charts, nor in whether you have a market sense. The real crux is—do you have a trading system that you can confidently execute and rationally endure losses?
There are no clear boundaries, no stable rhythm, and in the end, contract trading will consume all your capital and enthusiasm.
If you are still struggling and don't know how to break the deadlock, you might as well take a look at how those long-lived traders layout and respond to risks. Their common point is often not making the most money, but living the longest.
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NFTArchaeologist
· 16h ago
That was a bit harsh, but it really hits home. Everyone around me who has been wiped out followed this pattern: first feeling confident when placing orders, then becoming superstitious about indicators, and ultimately ending up with the same result.
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TokenAlchemist
· 17h ago
nah the real inefficiency here is thinking TA alone prevents liquidation cascades... MEV extraction during volatility spikes literally doesn't care about your fibonacci levels lmao
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RooftopReserver
· 12-23 21:53
That's too heart-wrenching to say, bro... I'm the kind of person who gets so stressed about changing plans that I end up getting liquidated, and now every time I look at the Candlestick chart, I have to take a deep breath.
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SoliditySurvivor
· 12-23 21:34
The one who lives the longest is the winner, that saying is absolutely true. I've seen too many people die on the road to recouping their losses.
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governance_ghost
· 12-23 21:26
That hit too close to home, I'm just that fool who wants to recover after getting liquidated.
When trading the $ICNT contract, are you really relying on your intuition, or are you using Technical Analysis?
To be honest, I have seen too many people unable to succeed on both of these paths.
Placing orders purely based on feelings is like driving in thick fog. When the market fluctuates slightly, you start to feel uncertain, and your plans change repeatedly, adjusting your positions over and over again. Such operations often don't end with just one liquidation; instead, the market gradually erodes your principal, and in the end, you lose all your confidence.
Reliance on technical indicators can also be fraught with problems. No matter how perfect the chart is, it can't prevent a sudden spike – positions can vanish in an instant. What’s more painful is that after a liquidation, the market tends to rush in the direction you initially predicted.
Once you fall into this trap, many people find it hard to get out. Unwilling to accept it → wanting to recover losses → continuing to increase positions, once this cycle starts, it won't stop. The more you want to quickly recover your losses, the more aggressively you bet; the more aggressively you bet, the more your mindset collapses; when your mindset collapses, all your decisions become chaotic. The final result is losing all your chips.
The root of the problem lies not in whether you can read charts, nor in whether you have a market sense. The real crux is—do you have a trading system that you can confidently execute and rationally endure losses?
There are no clear boundaries, no stable rhythm, and in the end, contract trading will consume all your capital and enthusiasm.
If you are still struggling and don't know how to break the deadlock, you might as well take a look at how those long-lived traders layout and respond to risks. Their common point is often not making the most money, but living the longest.