After three months in the game, I experienced the power of futures contracts.
Every day, from the moment I wake up to when I sleep, all I see are candlesticks. I had no focus at work, didn't want to play games, and even became dismissive of people around me—even my girlfriend complained that I had no energy for her. During that period, my mind was filled only with coin-related matters, and I could chat about price movements with people for hours.
Speaking of losses, those experiences still hurt when I think about them now. RIVER held for 11 days, and the fees alone ate up two-thirds of my position. I went short on Bull at 2.2, held for a few days as it crashed, but didn't make any money. Then there was PIPP, a complete defeat. Every time I thought holding could turn things around, it only got deeper.
I've seen plenty of people take losses on futures. Some say shorting at high prices guarantees profit, but what's the reality? The market is just that distorted—someone always profits while someone loses—and it's usually us retail traders who lose.
The most heartbreaking part is—instead of blaming the market, I should reflect on how insufficient my knowledge is. Because this is fundamentally a game with severe information asymmetry.
Holding positions is really painful. During those days, I truly understood that when you're constantly holding, almost all other trades are losses. If you can't break the cycle, it becomes an endless loop.
My thinking now is simple: I must strictly enforce take-profit and stop-loss rules. No luck, no exceptions. I wish everyone can be smarter in this market and earn steadily every day.
After three months in the game, I experienced the power of futures contracts.
Every day, from the moment I wake up to when I sleep, all I see are candlesticks. I had no focus at work, didn't want to play games, and even became dismissive of people around me—even my girlfriend complained that I had no energy for her. During that period, my mind was filled only with coin-related matters, and I could chat about price movements with people for hours.
Speaking of losses, those experiences still hurt when I think about them now. RIVER held for 11 days, and the fees alone ate up two-thirds of my position. I went short on Bull at 2.2, held for a few days as it crashed, but didn't make any money. Then there was PIPP, a complete defeat. Every time I thought holding could turn things around, it only got deeper.
I've seen plenty of people take losses on futures. Some say shorting at high prices guarantees profit, but what's the reality? The market is just that distorted—someone always profits while someone loses—and it's usually us retail traders who lose.
The most heartbreaking part is—instead of blaming the market, I should reflect on how insufficient my knowledge is. Because this is fundamentally a game with severe information asymmetry.
Holding positions is really painful. During those days, I truly understood that when you're constantly holding, almost all other trades are losses. If you can't break the cycle, it becomes an endless loop.
My thinking now is simple: I must strictly enforce take-profit and stop-loss rules. No luck, no exceptions. I wish everyone can be smarter in this market and earn steadily every day.