This time, the fans did not follow the trading discipline again, opening positions when not calm, and did not set stop losses!
Caught, trapped, losing 500,000 dollars...
If the market maker makes a move at this time, it would blow up directly, and they would retire from the market...
This is the consequence of not executing trading discipline!
Anyone, at any time, as long as they open a position without discipline, the consequences are the same! No matter how much money! No matter who it is!
A fan told me that he would avoid the ending he doesn't want!
1. After opening a position, getting carried away, not watching the market, not setting stop losses, directly jumping up and down! Dead! (Setting a stop loss is because you need to enter another structural range, it has nothing to do with this, you need to go up or down a lot!)
2. After one trade, chasing highs or lows! Dead! Because the bottom is very flat, including the top, this kind of unevenness is definitely a small wave! But I will ignore it and die!
3. Being disturbed by others, family or friends or online friends, getting angry and opening a position, certain death! Today is just like that, got angry and opened a full position! Irrational! Certain death!
Then, after deep reflection, I initiated an emergency plan, opening a 40M remedial position on OKX! This is really something you shouldn't touch even when you're not sick, it's super dangerous! This is something that should be sealed off! I will delete this OKX next, and won't touch it again, demanding stricter discipline from myself!
I can casually open positions on Binance, even if it blows up by dozens or hundreds, I won't feel pain, because I know it will come back from other places, the more I fight, the bigger it gets, until I blow up completely, then go back to zero, repeating the same mistake...
When you eliminate your own escape routes, you will walk more steadily! More cautiously!
Now it's 109362, if it goes down, then set a stop loss, if it goes up, then close it, take the profit, or directly buy into a dead position, find a solution!
Take a moment, wait for the next time point to enter the market!
And then every time there’s a small bearish or bullish sentiment, don't play, only play big...
Amen, let it be, whatever the outcome, I must accept it!


