Must set stop loss, must stop loss, must stop loss!!! Don’t think, don’t think, don’t think!!!

Opened a long position at 0.198 at 18:00, thinking tonight's pattern would break the previous high, because the previous few nights had been bullish, surely it wouldn't be so coincidental tonight, right??? Kept waiting and waiting... the price hovered around 0.2, then it dropped to around 0.191, thinking it was a trap to short, so I didn't close it, the pattern changed...

Just now, the waterfall really came, MD, after so many nights thinking there might be a waterfall tonight, so I didn't position for it. Wouldn't it be nice to have a pattern tonight??? The pattern was just right for a waterfall tonight, when it hit 0.185, I thought this isn't good! At this point, I had already lost 200%, thinking maybe it would bounce back later??? But then it broke 0.17, and at this point, I couldn't bear to close the position, just held on, watching it not fully show a sign of recovery, then I remembered to hedge, so I hurriedly pulled out some margin…………… All relying on margin to heavily short, all heavy shorts at 80% and 75%.

Originally, I was thinking of slowly building it up with 100U without heavy funds, luckily in the end, although the original position was forcibly closed, the heavy short position also recovered a bit, ultimately losing about 6%, otherwise my account would have already decreased by 55%, my heart really can't take it. So when trading contracts, you must set stop losses; if the direction is wrong, just accept it, don’t resist hard. As a player of pig's feet rice, playing this is really not easy 😭😭😭😭😭😭