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Today’s market was good, but I ended up losing 112U in my account. The current balance is 1.42 BSC. Honestly, I feel ashamed—spent the whole day trading 15 different coins, with a very high frequency.
First trade. I just woke up in the early morning and was ready to start working. I quickly bought 0.02 of a certain new coin on my phone, following proper position discipline. Unexpectedly, another project popped up later, and KOLs (Key Opinion Leaders) all rushed in, so I followed suit. The opportunity for a double was right in front of me, but I didn’t set a proper take-profit point on my phone, and in the end, I exited after losing 6U.
Second trade was even more outrageous. I saw a coin recommended by a top exchange, hurriedly bought it before I could properly adjust my market tools, and made the same mistake—unable to keep up with the KOLs’ pace. The price dropped sharply, I didn’t set a stop-loss, and I lost 50U in one go.
The third was a MEME coin. Honestly, the project was average, but I was already anxious from the previous two losses, with FOMO (Fear Of Missing Out) running high. I just wanted to recover the lost money quickly. I bought at a high point, but the market’s PVP (Price-Volume-Pattern) was too intense. Luckily, my position was small, but I still lost 27U before I managed to exit.
The following trades followed a similar pattern—missed the bottom liquidity, technical analysis failed, and I kept cutting losses one after another. Later on, I started chasing so-called “dark horse” coins, greed got the better of me, and the final outcome was predictable.
This day taught me what market lessons really mean. High-frequency trading, lack of stop-loss settings, FOMO mentality—these three mistakes cost me 112U. True trading discipline isn’t just something you say; it’s something you practice.