Annual Contract Review: From 10000 to 270000, I could have reached 1000000
Today marks the day I summarize the contract trading over the past year. My account stands at $271,979.40. To outsiders, it seems like a 27-fold return, but only I know the many regrets hidden behind this.
In this year, the total profit was $1,668,000, total loss was $1,400,800, net profit was $267,200, and the win rate was only 38.08%. I executed 1,435 trades, and high-frequency trading caused me to miss out on too much profit, always caught in the obsession of “earning just a bit more,” returning the profits I had back to the market.
The biggest enemy in trading is never the market, but one's own greed and hesitation: when in profit, greed prevents taking profits; high-frequency trading distracts focus, leading to losses that shouldn't have happened, making trades that shouldn't have been made, and ultimately failing to secure the profits that should have been obtained. In fact, I could have been at the $1,000,000 to $1,200,000 position, but due to my own mistakes, I only achieved $270,000.
To all fellow travelers: “I could have” is the least useful phrase. Accepting imperfect profits, controlling trading frequency, and securing every bit of profit is more important than blindly pursuing doubling. In the next year, I just want to make fewer mistakes and ensure steady profits, no longer making assumptions of “I could have.”
#Binance Contracts #Trading Review #Annual Summary
Today marks the day I summarize the contract trading over the past year. My account stands at $271,979.40. To outsiders, it seems like a 27-fold return, but only I know the many regrets hidden behind this.
In this year, the total profit was $1,668,000, total loss was $1,400,800, net profit was $267,200, and the win rate was only 38.08%. I executed 1,435 trades, and high-frequency trading caused me to miss out on too much profit, always caught in the obsession of “earning just a bit more,” returning the profits I had back to the market.
The biggest enemy in trading is never the market, but one's own greed and hesitation: when in profit, greed prevents taking profits; high-frequency trading distracts focus, leading to losses that shouldn't have happened, making trades that shouldn't have been made, and ultimately failing to secure the profits that should have been obtained. In fact, I could have been at the $1,000,000 to $1,200,000 position, but due to my own mistakes, I only achieved $270,000.
To all fellow travelers: “I could have” is the least useful phrase. Accepting imperfect profits, controlling trading frequency, and securing every bit of profit is more important than blindly pursuing doubling. In the next year, I just want to make fewer mistakes and ensure steady profits, no longer making assumptions of “I could have.”
#Binance Contracts #Trading Review #Annual Summary