Traders understand that the word "correct" has two meanings.
One correct is the immediate correct — I didn’t lose on this trade, I even made a profit. The other correct is the long-term correct — I am still alive, and my account is still growing.
Most people have experienced it: stubbornly holding without stop-loss, continuously adding positions, buying more as the price drops, until at some moment the market turns around, floating losses turn into profits, and the account comes back to life. At that moment, you feel incredibly smart. But such operations can fool you once or twice, but not a hundred times. Especially in contract markets like $BTC and $ETH, leverage amplifies every wrong decision you make. Those who endure one or two rounds often get liquidated in the third or fifth round — not just a drawdown, but actually out of the game.
I’ve seen many traders who rely on willpower to hold on for months, their accounts still looking good, only to lose all the hard-earned profits with one wrong additional position. Sometimes even losing money.
So, what truly matters is not whether this trade made a profit, but to ask yourself — after a hundred trades, am I still here? Can I continuously and steadily extract value from the market, rather than relying on a lucky rebound like a gambler to fix the account? This is another kind of "correct" in trading.
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ForkItAllDay
· 01-15 22:20
That was too harsh. I'm just the kind of fool who got kicked out after three rounds.
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metaverse_hermit
· 01-15 12:29
Basically, it's still a gambler's mentality; a gambler. The luck-based mindset can be deadly.
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BearMarketBuyer
· 01-12 22:50
That's right, surviving after 100 trades is true skill. Currently, those adding to their positions with full holdings are gambling with their lives.
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PumpStrategist
· 01-12 22:47
Honestly, this article hits the mark. I've seen too many people think they've understood after two rounds, only to be eliminated in the fifth. That's not called trading; that's called gambling.
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SmartContractPhobia
· 01-12 22:46
To be honest, this paragraph hits the nail on the head. I'm the kind of fool who thought I understood the way after two rounds, only to be taught how to behave in the third round.
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SeasonedInvestor
· 01-12 22:43
That was really harsh, hitting the nerve. It's true that luck can sometimes make you deceive yourself once or twice, but this thing is like the gambler's fallacy; sooner or later, you'll have to pay it back.
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ApeEscapeArtist
· 01-12 22:39
Still alive after 100 orders—that's real skill; everything else is just superficial.
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ZkProofPudding
· 01-12 22:24
That was really ruthless. Surviving after 100 trades is what I call winning. I used to be that kind of fool who endured two rounds and then got eliminated in the third. Now looking at my account, I still feel scared.
Traders understand that the word "correct" has two meanings.
One correct is the immediate correct — I didn’t lose on this trade, I even made a profit. The other correct is the long-term correct — I am still alive, and my account is still growing.
Most people have experienced it: stubbornly holding without stop-loss, continuously adding positions, buying more as the price drops, until at some moment the market turns around, floating losses turn into profits, and the account comes back to life. At that moment, you feel incredibly smart. But such operations can fool you once or twice, but not a hundred times. Especially in contract markets like $BTC and $ETH, leverage amplifies every wrong decision you make. Those who endure one or two rounds often get liquidated in the third or fifth round — not just a drawdown, but actually out of the game.
I’ve seen many traders who rely on willpower to hold on for months, their accounts still looking good, only to lose all the hard-earned profits with one wrong additional position. Sometimes even losing money.
So, what truly matters is not whether this trade made a profit, but to ask yourself — after a hundred trades, am I still here? Can I continuously and steadily extract value from the market, rather than relying on a lucky rebound like a gambler to fix the account? This is another kind of "correct" in trading.
$SOL