I will concentrate on studying tomorrow. Let’s do this for now. The record is not bad. On Thursday, I lost 160 to 20 and was very discouraged. I remember that after I sold my account, I only had 19.xx. I was about to give up. Later, I was really bored at night. I thought I could either die or give it a try. I used 20 to get to 44, and found out, what is the profit. I may have mastered the trick of profit later. Friday, Saturday, Sunday, today, in just four and a half days, I got from 20U to 1300 now. I even went to tutor one day in the middle. Today, there is a very dangerous order APE, with a profit of 120. This is 900 points away from the strong flat line. The strong flat line is 1.842, and the highest is 1.754. The cost price is 1.694. This APE is actually bearish. I think the rise to 1.6 is the limit. I opened an order at 1.64, and then I kept adding to the position all the way up. The initial strong flat line was 4.5. The reason for adding to the position all the way was that I thought it would go A, and it did go A, but it was a pity that I only got 1.6 75, less than 200 points, there was a large-scale shock at 1.67-1.69, because the heavy position did not hold on, the profit was 130 and the floating loss was up to 300. This profit-loss ratio is really ugly. If it holds on to 1.5, this heavy position can make a profit of about 2000, but there are not so many ifs. I can't get 1.5, because heavy positions will make people's operations deformed. Therefore, in the future, we must put an end to heavy positions. What I am good at is to make small-level reversals. Then take out a small position to gamble. Heavy positions are not cost-effective. If they explode, they will be gone. It is difficult to stop loss. This is human nature. Profits cannot be held. Maybe the profit will be reduced by 1/3 and it will be flat. This is also human nature. The possible postgraduate entrance examination is over. Starting from December 24, I have a relatively high-intensity market watching like these days. Now I just do a few ultra-short transactions occasionally. I strive to slowly climb to 2000U in these 60 days. These four and a half days are equivalent to starting from scratch. 1300, this goal is more stable
Posting from the perspective of a loser, could this be the last post? The graduate school entrance exam ended in failure, and my journey ended before it even began. I submitted my application materials, and then I submitted my photo, but later I was told my photo was too low quality and needed to be resubmitted. By the time I saw this message, I had already missed the resubmission deadline, which meant my application failed with no chance of recovery. More than a year of effort turned into nothing. Then I thought about trading to ease my emotions, but how could it really alleviate my feelings? I have clearly been overwhelmed by a sense of defeat, completely lacking the carefree attitude I had before. Some say my Martingale strategy and path dependency led to my liquidation. In reality, it's not that; I use the Martingale method of increasing my position, buying and selling at emotional extremes. On the day APE surged by 75 points, I was primarily short. At that time, I only had a few hundred USDT, yet I was still doing fine. I built a base position while observing the emotions, about one percent of my total funds, and later when my capital increased, it was still less than one percent. I gradually increased my position only when the bulls were stepping on each other. Now, these expected fluctuations have taken me out. I can only say I lost my patience, entered positions casually, and opened my position too deep all at once. At the root of it all is emotional trading; previously, trading felt refreshing, but these days it's as if my heart is shackled. In short, go ahead and mock me. People without skills always like to see others fail to comfort their own mediocre lives.
Withdrawal of 1600 RMB Account Balance: 8000 USD Let's talk about the reasons for closing the trades First, I am preparing for exams, occasionally trading for fun Second, trading with a relaxed mindset is very comfortable; when I have to manage other people's trades, I can't fully focus If I increase my position a bit or have slight losses The pressure starts in the group and chat room Although it's only a small portion of the voices, it does affect my mindset (this is how it is for me) For instance, comments like, 'Just take the loss...', 'It's going to blow up...', and absurdly, someone even made a clever remark about wanting to counter my losing trades (I really don't understand how such people think; if you want to trade, just do it, why bring it up to affect others' mindset, making yourself seem clever?)
The last trade for leading was a long on WIFU My own account had 200 USD with 50x leverage, went in during a drop, with a floating loss of 200-300 The leading trades gradually opened with 100 USD, also at 50x leverage, floating loss of 100 USD around the low of 0.1977 The ratio of funds between the two accounts and the opening points were almost identical, all opened during a consolidation phase
Clearly, after a significant drop, the asset eventually plummeted, but trading in and out could recover losses, adding positions could also help recover
If it really doesn’t work, I’ll trade time for space; the liquidation line is at 1.3, the risk isn't too large, and the probability of going down to 1.3 is much smaller than going up to 2.3
I clearly trade at the emotional lows of others, but I didn't expect to be influenced by others while trading myself
Today's Goals Solve N math problems until accumulating 30 mistakes 408 vigorously practice problems, 10 big questions, 1000 small questions Read two pages of the paper, carefully fill in the PPT Trade single transactions in the evening when free The recent market is a bit confusing Everyone try a small position to test their luck However, contracts should all be played with small positions If the position is deep and leverage is heavy, it will explode regardless of the amount
Who invented this torture? Stay up all night to fight. Do exercises during the day. Listen to political theory while reading papers at night. There are still 52 days to liberation.
I have to study and review all night long. I have to enrich myself with knowledge. I have to leave for a while. I don’t have time to watch the market. The funds have reached 7150. There are still 250 points of profit to be settled. If there is no movement this week, it will probably be 7400 next Monday. I am so busy. Can I have 48 hours a day?
As the lights began to glow, Duan Jun let out a burp and walked into a high-end foot bath center.
Originally, he was someone who wouldn’t come to such a consumer venue, but today is Friday, and the stock market has risen for three consecutive days, putting him in a good mood; he dined alone and ordered a table full of good dishes. After drinking half a jin of white liquor, feeling unsatisfied, he came to the foot bath city for a massage to sober up.
Buying right, now I've embarked on the main upward trend. Duan Jun kept repeating this phrase in his mind all day, ecstatic beyond measure, unable to hide his joy during meals, occasionally stepping back to press a button on the computer to calculate.
The account has wobbled to over 7000 Keep up the good work Today I will continue to study hard I chose my advisor because I got a D in data structures and was looked down upon Back then, I was obsessed with stock trading and didn't focus on studying Now I have found a good balance between studying and trading I need to score high on the graduate entrance exam, it's time to show my strength Yesterday I only accumulated a little bit of wrong questions and did some problems Mainly busy with classes and choosing an advisor, I was busy for a while in the afternoon and evening I need to reflect on why I didn't study completely seriously Today I will strive to improve.
FX Warrior Jiu Liu Mei has already become my NO.2 comic in my heart What should I do, I've fallen in love with Jiu Jie It seems like I'm marrying Jiu Jie Steadily 6700+ My goal is to earn enough for Jiu Jie's goal 20 million Japanese yen Currently completed 1/20
Summary of the previous section, this section plans ahead Exactly 50 days, record 50 math problems each day, 50 knowledge points for the 408 major course, English and politics are okay, let's take it easy for now Try not to trade if daily goals are not met Control the mind, control the hands
Some summaries from October and some outlooks for the end of the year October returned to the cryptocurrency world After losing over 600 dollars again, I sold my cherished account for the game 'Battle Dual: Paimon' that I had for a long time. I deposited 150, accumulated 160 in my account, and fell into a desperate situation on the evening of October 18, but I still did not give up. During this loss, I kept thinking about why I was losing. Combining others' posts, and after watching FX Warrior's long stay in the US and my own experiences, I concluded the following points: 1. After a big loss, the mentality explodes, and I purely trade with a gambling mindset continuously. 2. There is no personal judgment; I want to trade at any time. For high leverage with small funds, most of the time is wasted time. Trading can give a strange sense of pleasure, but waiting and taking action is what should be done. Many people can't stand the loneliness. 3. Continuous victories lead to a restless mentality; even if the pattern is correct, taking deep positions can be deadly during some large opposite fluctuations.
Next comes the money printing machine stage, almost entirely trading within the model, working my way up from the trough to the current state, from 20 dollars in 2 weeks to 6400. I never expected it to be so smooth.
Never lose hope, especially during defeats. I really like Miyamoto Musashi from 'Wandering Samurai.' I remember the first time he challenged the unparalleled master, Musashibo Benkei. In their first encounter, he was completely defeated and rolled away in panic. He then spent three months training in the mountains, during which he said, "I did not lose; I just temporarily retreated." Indeed, the spirit of not giving up is precious, but not giving up does not mean failing to see one's own shortcomings. Musashi recognized his inadequacies, and combined with the spirit of not giving up, he continued to train, challenge masters, and eventually became unparalleled. Trading is similar. In the futures trading competition, 10% of the participants took away 90% of the participants' money. 160,000 contestants overall lost over 6 billion, all taken by institutions and exchanges. Retail investors really have it tough; it's hard to persist.
Do not let your guard down in victory. I remember during high school; I was quite artistic, reading modern Japanese and Russian literature daily, with some knowledge of Japanese Warring States history and some Republican literature as well. Oda Nobunaga has long been ranked among the top three historical figures in Japan. I like all three regulars in this position: Oda Nobunaga, Sakamoto Ryoma, and Tokugawa Ieyasu. Nobunaga almost unified Japan but was burned to death by Mitsuhide at Honno-ji, which is truly regrettable. When doing contracts, think more about these.
After watching FX Warrior Kurumi in the afternoon, I have been sleeping until now. Sister Jiu made 1919W yen from 300,000 yen with her skills. Because she was too obsessed with her mother's loss of 20 million yen as her goal, she did not follow her own model. At the last minute, she chose the most stable Swiss franc-euro arbitrage. Unexpectedly, she encountered a black swan. From a profit of 1980, she lost 101 million yen in a few minutes. She completely followed her mother's old path. She cried three times. The first time was when Meibuki saved money to pursue the margin. She was backstabbed by her good sister Moe Tomoko. In the end, she went bankrupt. She was fooled by Moe Tomoko to become a massage girl. She also owed 2 million foreign debts with an annualized rate of 109.5. In the end, the US-Japan exchange rate broke through 120.6 and the position was liquidated. , the cumulative loss is nearly 3 million yen, and there is still 2 million yen in debt interest A very naive and stupid girl was involved in the high-leverage financial battlefield
The second time was Sister Jiu’s mother When she first entered the foreign exchange market, she was determined to make stable profits by arbitrage exchange rate differences. She wrote a diary saying that the original intention of doing foreign exchange was to improve the quality of life. She made a profit for a year, and then encountered the long-term black swan of Japan and Austria. She was greedy and had a heavy position at 1:90. Raising money to increase positions at 1:80, and forced to close the position at 1:71 and lost 20 million yen
The third time was Sister Jiu The black swan was really true in the end. Sister Jiu wanted to understand herself and fell into memories. How happy the family was that did not touch foreign exchange. Later, the family was broken up, Sister Jiu’s mother jumped off the building, and Sister Jiu was in debt of 1.01E yen and prepared to make purple sand
I had a dream later I dreamed that I also exploded, in I felt very regretful in the dream, but I felt calm when I woke up. I looked at my account, and the money was still there, and it was about to break through $6,000. In fact, it was a profit or loss. There was nothing, and I didn’t withdraw it to spend. It was all numbers, all chips, and there were gains and losses. Trading is to constantly talk to yourself and overcome your greed, anger, and ignorance. You need courage, faith, etc. to hold a position. Grasp the balance point between trading and life. Why do you cry? Because although Sister Jiu and I are in different situations, our lives are similar. I studied foreign exchange in high school and practiced in college. I read "Memoirs of Futures Masters" written by Teacher Liu Qiang in junior high school. I had some visions of the market. I deposited more than 30,000 yuan into my stock account in college and played for three years. Later, I traded in cryptocurrencies. I missed a lot of good things. Many times, I only paid attention to simple ups and downs and company financial reports, but I don’t regret it.That's it for now, I'll write more later when I have time.
Excellent review, completing the study goals in a day while doing exercises Otherwise, I really won't be able to study at all Studying can calm the restless heart, it's quite good On the right is the draft paper I finished writing, hope to accumulate a little more today
Almost died yesterday, thanks to Kong for the extreme rescue I won't dare to take large positions in one or two transactions again Yesterday I shorted the hardest man in the arena, the liquidation line was at 74300-74400 Licking blood on the knife edge Fortunately, I waited for the short god
This is my first time trying hedging. I saw SOL was oscillating back and forth, and it was easy for long and short positions to be washed out. I tried it.
Really really really really really taking a break Money can never be earned completely Books can only be read in these few years The exam preparation can only be reviewed in these 52 days Focus on the main contradiction Learning is the priority, in these 50 days I found an expert and spent 2000 After placing the order, I don't plan to withdraw funds These 50 days might be played like a game, small orders, if I get stuck, then I get stuck Practicing medium to long term