Spent day after day Feeling frustrated to the point of questioning my trading logic But finally managed to create a decent auto-draw template At least the overlap between hand-drawn and digital drawing is 9.8%, The rest is either my mistake or some small bugs Gonna roll with it for now
"We all make decisions based on our unique experiences, and at that specific moment, everything seemed reasonable." — "The Wealth Mindset" 1
Self-Reflection In the past, I often opened many positions in a day. I used high leverage, chasing quick targets. And as a result, I went through one liquidation after another.
Because at that time, in my understanding, I believed it was the fastest route to the finish line.
Looking back now, those costs weren’t entirely mistakes, but rather tuition for the lessons learned from a lack of understanding.
Now, if I want different outcomes, I must first make different choices.
//Slow down, elevate your understanding// And then step by step, move towards where I want to go.
The last little Xiaomi trade just blasted off at 63000, that's just how it goes. ✔️ After all, building new habits always comes with a few bumps. Couldn't secure a long position, no worries! Keep pushing forward.
*Still reminding myself that writing this stuff means I'm still in the game* Mindset: ⭐️ (adjusting in progress)
Started with a small position and adjusted all the way to an average price of 78952. Held it for two months. Took profit for the first time at 72k (also got interrupted by the hype). Took profit a second time at 70k (first target level). Originally planned to take profit at 63k, but saw the signs from the market gods warning against bottom fishing, so I immediately canceled my orders and held onto it until now. Currently experiencing a small part of waiting for a miracle with this saying.
For this trade, I’d rate it neutral to slightly bullish. ✔️ Small position adjustment ✔️ Calmly observing the fluctuations ✔️ Experiencing swing trading
Compared to my past strategies of diving in and out, I've improved. (150x leverage isn’t really used to that extent, just allows me to flexibly manage my capital.) Right now, retail traders are like fresh cilantro.
- Got distracted by the hype, closed my position around 2000 (Target set at previous lows) - Adjusted my average cost down by adding more when in profit, not great for holding long
✔️ Position size is seriously controlled ✔️ Adjusting the position every 100 points, initial average cost was 2218
I rate this trade as neutral, held the position for 2 months, it’s a bummer, but you can only say this after cashing out, still giving it a thumbs up 👍
Having a long-term vision has also boosted my patience.
- This trade is a FOMO play #hype - Got lucky and managed to hold on - Gotta get back to break-even first (even though I think it’ll hit the first take-profit level of 61.5, the entry point was pretty bad)
✔️ Holding strong means I’ve got my position under control ✔️ Didn’t add to my position when I was feeling overconfident ✔️ Learn to take a small loss and be a bit more satisfied
I’ll hold this position for a week Wait for the bounce and then look for another opportunity
What experiences do you have that I don't, making you believe in what you're doing? If we had the same experiences, would my perspective on the world align with yours?
"Once the mind expands through new experiences, it can never return to its original form." — 'As Always' 23 Complete.$$BTC
Self-reflection
In the same market, some are bullish, some are bearish, many times it's not about who’s smarter, but the paths we've taken are different.
And me, I’m still learning to understand a world that's different from my own.
"We're drawn to complex things that spark our intellect, while we scoff at simple yet effective solutions, favoring the intricate but less efficient ones" — "As Always" 22
"Long-term thinking isn't tied to time frames; it's about flexibility" "The real cost of committing to something long-term lies in the necessary skills and mindset" — "As Always" 21
Self-reflection Long-term thinking isn't about being rigid; it's about grasping the few essentials that won't change while keeping the rest flexible.
Before finding your long-term trading buddies, align your goals: How does it work, what's the strategy, what expectations are you holding, and how do you handle the inevitable volatility and cyclical trends? #btc
"The most persuasive thing is personal experience." "People underestimate how much their views and goals will change when they actually face a market crash." — 'As Always' 20
Self-Reflection:
After gaining insight, the problems you encounter will also change. Opinions you once disagreed with may become the answer in a different context.
"Most people see only a part of the real situation or a fragment of what others are thinking most of the time." "You can only see all the messy personality traits and difficult decisions from the inside, in the trenches." — "As Always" 18
Self-Reflection: Sure, popular streamers have their own strategies and methodologies that lead to success, but what really matters is building your own trading system and judgment. Many times, I find myself envying others' returns, while overlooking their ability to handle volatility. #hype
"People often underestimate how two small things can combine to create something massive." — "As Always" 17 #apple #tasla #crypto Self-Reflection: I've always felt like I didn't have anything I was particularly skilled at But later realized that unique development is really just a little bit here, a little bit there
Slowly piecing together the current version of myself
"No competitive edge is strong enough to let you rest easy; what seems like a solid advantage often leads to your downfall." "Success comes with its own gravitational pull downward." — "As Always" 16
"Successful traders can discern when to tolerate a certain level of volatility, as it's often more beneficial than chasing a path free of absurdity and worry."
"The cost of most worthwhile pursuits manifests as stress, uncertainty, bureaucracy, irrationality, long hours, and constant doubt—these are the hidden costs of standing out." — 'As Always' 15
"In a bull market, cash is a low-efficiency burden; but in a bear market, cash is as precious as oxygen."
"A little imperfection is a significant advantage; being almost right beats being accurately wrong." — 'As Always' 14
Self-Reflection:
High leverage can lead to quick gains, but it can also wipe you out overnight. No matter how attractive the entry point is, risks can never be fully predicted; leave some room for error to survive longer. #BTC
"Whether in finance, the workplace, or relationships, the ability to overcome short-term issues is key to sticking it out until you can enjoy long-term gains; that's the secret sauce."
"Optimism and pessimism exist on the same spectrum."
"On one hand, hold steadfast belief that things will turn around; on the other, accept the harsh realities."
"Save like a pessimist (plan), invest like an optimist (dream)" —《As Always》13 #btc
Understanding the math behind compounding, you'll realize the key question isn't 'How can I make the most profit?' but rather 'What’s the optimal return I can sustain for the longest time?' — 'As Always' 12
Self-reflection: The real risk has never been missing out on a rally, but losing the ability to stay in the market. Lower your leverage
"People often overlook significant risks because they are merely the result of a chain reaction from small events. Each small event seems insignificant." — 'As Always' 12