I have been trading for a while, more than two years, but I am still a beginner. When I first started trading, I didn't know anything. I watched a few videos introducing the contracts and started to practice with real money. Some people said that it would be better to play with the simulation at the beginning (in fact, the simulation can't cultivate anything at all, it's not your money, and you have no sense of the rise and fall), but I didn't do that. I remember very clearly that the first time I opened a contract, I made the most money from WLD. I shorted WLD with a full position of 10X, and made more than 200 U in two days. At that time, the principal was only more than 200 U. I was really excited at that time and felt that I was a trading genius. Later, the script was the same as most people, shorting with high leverage and full position, without stop loss. Shorting BTC, ETH and a basket of altcoins directly wiped out the principal, and then regretted it and got drunk. "I will definitely get my money back this time", it exploded again. In just one week, 3,000 or 4,000 were almost gone. At that time, my whole mind was empty. Although this money did not have any impact on my life, it still made me lose my mind for a while. Now I think back and find that most of us seem to have the same script: liquidation, learning from a teacher, practice, liquidation, profit, and loss, profit and loss, capricious. Then I started to post to record my order records. At first, I just wanted to record them casually, because 200U was very popular at that time, so I also gave myself a name, 10U started Hhhhh. At that time, I was not so stupid about the market. At least I understood the use of some indicators and K-line patterns, and I could make a small profit. But the overall mentality was still impetuous and pursued profits. I looked back at the previous diary, and until now, I feel that I have grown a lot. There was the madness of 50U turning 10 times in three days, and there was also the suppressed anger after the liquidation. Now I find that the past is just a few raindrops. There are all kinds of people in the square every day, some are trapped, some have just been untrammeled, some are always making money, and they are the "contract masters" who start every day with "Congratulations to the families in the VIP group" like the two sheep. Just like two years ago, there is nothing new. I have made a list and followed the hosts who were once very powerful. The calendar used to be full of green. Since 413, there are fewer people. Who knows what happened?I used to envy those whose contracts doubled, 10 times, or 20 times in a few days. I also followed them to find the so-called password, but most of them returned in vain. My position was gone, but they seemed to keep sending "Congratulations to those who followed me." Maybe the "quantum entanglement" problem that has troubled me for many years can be answered in Binance Square? Later, I began to review all my operations. After a period of thinking, I had a new view on trading and began to use stop loss, with the correct stop loss. What is the correct stop loss? In my opinion, when you reach the stop loss position, your stop loss amount is within your tolerance range, which is the correct stop loss. Many people use stop loss, but they never carefully calculate how much they will lose, which is just a chronic explosion. Last month, my own funds were only 200U, and I slowly made a plate and made 380U. With the income from Bitcoin Gaite, it basically doubled, and I was still very happy. I began to have a new understanding of trading. I no longer obsessed with every K-line, and no longer obsessed with excess returns. Now I just want to understand this currency, what is this market doing, what is its current supply and demand relationship like, and why is it doing this. When I think about these, I feel an inexplicable sense of sudden enlightenment. This time I prepared 200U on Binance again, and made orders little by little. The positions opened are not large, and the size is determined by the stop loss. If I post it, there will definitely be people who think "If you open more, you will make more money" and "It's not as much as my single order fee" and so on. In fact, the thinking of these friends is no different from those who always shout "Run too early" and "I knew it would be wrong". You feel less when the market goes in the direction you want. What if you stop loss? Your cognition only allows you to go here.