New and old suckers, look here: I originally thought coming to the crypto world would lead to wealth, but unexpectedly it has led to huge losses!!! Below is a summary of experiences from an old sucker, hoping to help everyone.
1. Since 2024, spot trading has become increasingly difficult, especially for those who are impatient; they are either stuck in losses or on the path to breaking even. As a result, everyone has shifted their focus to contracts, which essentially means using leveraged funds to trade, allowing for both long and short positions.
2. Let's get straight to the point without an

Recently, I have to deal with some matters, and after a few days, I will be able to stream stably every day. The recent market has been experiencing a severe Whipsaw, where profits quickly turn into stop losses. In the past two days, I made two large orders, both of which had profitable patterns that turned into stop losses, and crucially, the stop-loss market situations occurred during rest periods. Recently, I suggest not to trade on smaller timeframes; both BTC and Ether have reached critical levels. After the market stabilizes, I will enter based on the entry signals I mentioned before, wi

On August 15, starting capital is 700u. This account only trades contracts for btc, eth, and sol. The main focus is on right-side trades, but if there are good points with stop loss, some left-side trades will be made (correct viewpoint, valid logic, controllable risk).

Today I will debug the equipment. Starting tomorrow, I will begin live trading, putting some pressure on myself to open positions carefully. Recently, I've really been struggling with my mindset; even when the direction is right, the pattern doesn't follow, and I end up being stopped out. Several times, it has been precise stop loss that has affected my mindset. My trades are for reference only!

In the first half of this month, I hoped to gradually recoup my investment, relying on my salary in the second half of the month. I started reviewing from July 2nd, and this wave of rise was completely missed out. To be honest, I didn't have a bullish outlook either; I saw a few long order signals but didn't act on them. In the future, I should not firmly believe in one direction; I can act on both shorting and long orders if there are signals. Throughout this wave of rise, I shorted and my total assets shrank by 20%, all losses came from trying to touch the left side (entered twice), and I di