Reflection:
Earned 1000u in four days, but when the market had a washout, I was thrown off and returned to the principal. In a continuously rising market, I used ultra-short-term high-frequency multi-coin trading in an attempt to maximize profits, setting up a series of long and short positions to prevent washouts.
There are no major issues with the strategy for now, but the main problem is that during an all-around rise, I did not take profits in time, setting the take-profit point too high. Only SOL reached the take-profit point, while others fell short by about 10 points.
A waterfall-like decline triggered the underlying bottom-building position, but the psychological support in reality could not withstand actively overturning the strategy, manually breaking the last line of defense for bottom-building.
Washouts are quite normal in the crypto space; it’s purely being overwhelmed by uncollected victories.
Now, I will control my actions and observe how the overall direction changes.
Switching to long-term bottom-building limit orders, waiting for the market to stabilize before continuing with 15m or 1h short-term volatility trading. During the period of oscillation temptation, I will stop ineffective wear and tear and energy consumption.
Remember, the market has no obligation to make you money.
Do not fantasize about immediately making back the "lost money" in the market; if it’s not collected, it doesn’t belong to you. Your wallet is merely a storage wallet for the market.
