Title: Yesterday's ETH Short: A $180 Tuition Fee for 'FOMO Anxiety'
I am an artist of missing out. First, I'll synchronize yesterday's operations, and then conduct a thorough review:
🔴 Operation Record (ETH/USDT)
Initial Position: 2 ETH @ 2930 (due to FOMO anxiety, the position was built casually)
Add Position: 2 ETH @ 2980 (after careful consideration, the average price was raised to 2956)
Stop Loss: Originally set at 3030, later adjusted to 3000 (to avoid excessive drawdown)
Result: Stopped out, loss ≈ 180 U, drawdown ≈ 3%
🧠 Opening Logic and Core Issues
The logic is based on the 1-hour Vegas Tunnel, whether the direction is correct (observing the market). But the core issue is:
The entry point was too front-loaded, making it extremely difficult to set a stop loss. To avoid an unplanned large drawdown (the 3030 stop loss was too large), I chose to exit early at 3000. This is consistent with the iron rule of 'small losses, small gains, absolutely no large losses', yet it contradicts the original intention of 'pursuing a better risk-reward ratio'. The points of these two trades belong to 'B-level' in my system, not 'A-level'.
⚖️ Why not hold? A lesson worth 16 million
Someone asked: If the direction is right, why not hold?
I once followed a trader named 'Dreaming Ape', who turned 1 million into 17 million in 3 years, only to face a 90% drawdown on one held position. This warned me: if profit relies on holding, you can be right countless times, but one mistake can lead to exit.
I no longer complain about 'market makers triggering stop losses', but choose to open positions only on their inevitable path. This reduces the frequency of trades but significantly improves decision quality.
📈 Current Status: Curve Touches 'Support', Choosing to Rest
The market always has opportunities. As seen in my 90-day profit curve, it has now reached a critical 'support area'. Will it break out after consolidation, or continue to retrace? I need to observe.
Therefore, I choose to take a break over the weekend, dedicating time to reading and learning. A pause is for a more precise attack in the next round.
Trading is the art of defense. Let's encourage each other with all who value risk control.
#TradingLog #Ethereum #RiskManagement #NoHolding #BinanceSquare

