It really wants to catch me, once, twice, again.

The 30-minute music timer has turned off, with 4 minutes left, I went through a nightmare...

It is not a species, nor a specific object, more like a soul—there is an invisible hand that always wants to pull me into the abyss. Several times, I thought I was gone.

In the dream, I clearly remember yesterday at$ETH 3140 the checkpoint shorting, and I also knew I was dreaming.

I dreamed that I was lying on a bed, sleeping on my stomach, exactly the same as my posture when I woke up, with my left arm still numb.

When I just 'woke up' (in the dream), I was particularly scared, afraid it would come to find me...

After sleeping in a prone position for a while, it really came, always trying to grab me. It was an invisible shadow that couldn't be seen or touched, like a person from the underworld, wanting to drag me back to report.

After being pulled in for the first time, it was pitch black inside, exceptionally quiet, but I subconsciously knew I was still in a dream; perhaps this was a dream within a dream. I desperately tried to open my eyes, but no matter how hard I tried, I couldn't open them. I couldn't see anything before me, and this space made me feel uneasy. I tried to open my eyes repeatedly, but later I don’t know what force sent me back to that room.

Binance contract trading page

I was monitoring the market, and it was around midnight. I clearly remembered the trade I made during the day: shorting near the 3140 level and 3150, with the stop loss set at 3170 using ATR 1.5 times, and reduced my position by 70% at noon when it was at 3007, leaving the remaining position at break-even loss.

Usually my mom finishes work and comes home around eleven. At this time, she walked over with her phone and asked me how to look at this. I glanced at the screen, and it was actually the ETH contract trading chart — she usually never touches virtual currency, saying it was taught to her by someone who helped her download it. A green line was firmly hanging below the price, showing a floating profit of more than ten points, so I told her that today is Saturday, and there’s not much market activity; the direction is still unclear, making it hard to operate. But just as I finished speaking, that invisible hand came to grab me again.

I returned to that bed again, still lying in the same position. It was so terrifying; the closer it got to me, the more flustered I became, feeling my breath quicken, almost gasping for air. As it approached, I couldn't see or hear anything, and I was pulled into the abyss again. This time, I was much calmer than the first time, still trying to open my eyes, but I still couldn't open them at all, just feeling more and more tired. I returned to the scene of the conversation with my mom, and she said, 'Do you see if I'm making money?' I leaned over to take a look, and indeed there were floating profits of several dozen points. I took her phone, went back to the homepage, and saw the total funds were 66.2U, with a profit of 16.4U today. I was about to explain to her the risks of too high leverage and the difference between full positions and incremental positions when that hand came again, grabbing me away.

This time it came faster, dragging me into that dark void in an instant. I knew my mom had bought a long position, and the MACD had already formed a death cross, about to drop below the 0 track. So I hurriedly told her to set a stop loss or reduce her position. But at that moment, the one-minute K-line of ETH on my computer screen suddenly skyrocketed like a rocket — the whole process was particularly fast, every K-line was frantically rising, and in just over ten minutes, the price surged from 3040 all the way to 13000. I was both excited and scared, shouting at my mom to quickly close her position, saying that this surge came quickly, and the pullback would also be fast, but she sat next to me, fiddling with something, with her phone on her lap, smiling and saying, 'Can earn so much all at once? Trading is too easy!'

Who would have thought that the next second, a bunch of red VOL columns suddenly appeared on the screen, and the price plummeted from 13000 to 1300 in less than a minute. My heart tightened, knowing that if she didn't take profits and didn't close the position at market price, she would definitely get liquidated. I hurriedly grabbed her phone, which showed that it had already been forcibly closed, with a total fund balance of -0.00, incurring a loss of 2910U.

For the third time, I could clearly feel that it was coming again. After a few minutes, my mom came to find me with her phone again, this time she had charged 3KU into it, asking me to teach her how to play. I was carefully explaining the importance of position management and leverage, but she casually opened a long position on ETH at the current price — that invisible hand appeared right on time.

This time I was really scared, not because of that ghost-like presence, but because I was afraid my mom would get liquidated again, afraid that because she didn't understand leverage risks, she would suffer a huge loss. The fear in my heart completely overshadowed my desire for trading profits; I struggled desperately, wanting to open my eyes to see the K-lines and prices on the computer screen, to see how much position my mom had opened and how much leverage she had added.

Finally, I returned to that room, and at that moment, I was already sweating profusely. I took the phone from my mom's hand, opened the trading position page, and saw that the 2000U margin was actually a full position with 100x leverage for shorting — looking at the glaring numbers, I couldn't say a word. In the end, this position was also forcibly closed in the early morning.

I struggled to open my eyes, realizing that I was lying in my own bed, still in a prone position, tightly wrapped in the quilt, covered in sweat, and my left arm was still numb. After several attempts, I finally reached for the phone on the bedside, checked the price of ETH, and saw that the market was flat, still oscillating around 3040. My own position was still there, with a take-profit at 2980, which had not yet been triggered.

Saturday — it, perhaps, is that powerful and irresistible force of capital, the invisible hand of the market, wanting to drag me down, blow up my position, and eat my orders.

I remind everyone to pay attention to controlling leverage and positions while trading. If you don't know how to manage them properly, you might as well take a look at my previous post. It turned out that all of this was just a dream...

My mom's liquidation in the dream is a reminder for every trader: if you don't understand position management, even if you make profits, it's all talk.

Just dropped a wave and took profits👋

11.30: +50 points
12.1: +26 points
12.2: +100 points
12.3: -50 points
12.4: +63 points
12.5: +180 points

12.8 #ETH(二饼) #加密市场观察 #梦想终究照亮现实