亏10000U起家

2025.1.1, cumulative loss 17242U.
Currently holding Pepe short position.

Recently I have been thinking about a question, will AI also eliminate the industry of human traders?

Since the advent of the Transformer architecture, revolutionary large language models, image generation models, music generation models, video generation models, etc. have been born. Anything with data can be generated by AI using the Transformer architecture, and the generation quality is constantly improving.

Generally speaking, the quality of AI generation cannot surpass the top human level, because AI is trained by humans, and humans tell it what kind of generation results are better than what kind of results, so it cannot surpass humans, and can only be the same as the top human level at most.

However, in certain fields, this rule does not apply. A typical example is Alpha Go, the AI ​​that played chess with Ke Jie, and perfectly defeated the top human players. Why can it surpass the human level? Because the reward and punishment training of Go is very simple. During the training, let Alpha Go play chess with itself continuously. Whatever strategy wins in the game, it will be rewarded in the training. It can ascend to heaven directly by stepping on the left foot and does not need the guidance of top human chess players, because the rules of Go are clear and unambiguous. Winning is good and losing is bad.

Isn’t it similar in the field of trading? Training AI to trade in the market does not need to care about how it operates specifically. As long as the result is profitable, it will be rewarded in the training. In the end, can't we also train Alpha Go to be an AI trader that surpasses the top human level?

Then can the volatility of the market eventually make AI helpless... It is worth thinking about.
$BTC $ETH

2024.12.31, cumulative loss of 17295U.
Hope the current state can be maintained and not get too excited.
Currently, all positions are short, ETH, Pnut.

US stocks have dropped quite a bit, but Bitcoin has not dropped as much, especially since it even rose today.

Let's keep pushing down.

$ETH
$PNUT

2024.12.30, total loss of 17311U.

I haven't updated for several months because I felt like I was continuously losing without any change, and I was embarrassed to keep writing.

But things will always change; I just need to learn to stop the losses and not open positions blindly. With just over a hundred U left in my contract account, if I really lose it all, it will prove that I was truly wrong and couldn't change. If I strictly control my position and stop losses, it's nearly impossible for that little over a hundred U to go to zero.

So let's wait and see.

$ETH Comparing the K-lines of BTC and ETH during the bull market in early 2021, BTC took the brunt of the rise, reaching over 60,000, and ETH also followed suit. However, ETH's surge came two months later, when BTC was trading sideways at a high level. Will similar history repeat itself this time?

2024.11.1
In pain, we reflect; this cannot continue. The key is still the old saying: do not hold on to a losing position. In the future, if you see a lot of declines, just cut your losses directly, and don't think it will bounce back soon. Also, when opening positions, don't be too casual; gradually trade in intervals. If the intervals are no longer suitable, cut your losses and exit. This is my last chance; if I don't change, I will never trade contracts again.

2024.7.22, cumulative loss is 12680U.
I failed to chase the long ordi, and stopped loss manually. According to the current price of 40.1, I have already lost less because of the timely stop loss.
You really have to dare to stop loss, and don't regret it even if the price goes up again. I used to think in my mind how many U it would be if I stopped loss, which is equivalent to how much RMB I would lose. This mentality made me rarely stop loss, which led to a loss of everything. I changed it, as I said before, it will change.

2024.7.21, cumulative loss 12669U.
Earning is so slow, all small orders, profit and loss can't be corrected within seven days. Currently, I have only one thousand U principal, half of which is spot and half of which is contract. I borrowed 20,000 before, just to try it out, and it turned out that I was really loaned out. I am thinking whether to rush in and buy spot BTC or something, even if it doubles. But I am worried that something unexpected will happen, then it will be completely over.

2024.7.19, cumulative loss 12755U
The situation is slightly better, but not much. I try to set stop loss when opening a position, but when there is a floating loss, I still like to manually cancel the stop loss and then make a large profit to lower the average price. This operation can save the loss most of the time, but if you pull too much in a short period of time, you will be liquidated and lose everything. I have experienced this situation many times, so try to avoid it.

2024.7.17, cumulative loss of 12760U.
Yesterday, I insisted on going long and regained more than 100U. It turns out that you still have to follow the trend to make money, and you can't run away after making a little profit. You have to hold on when you see it.

I was desperate because I lost more than 200U by operating WLD randomly. I saw that it was going to rise, so I opened a long position of more than 100U directly by 20 times, and then stopped profit after recovering more than 200U. As a result, it really rose to the stop profit. I recovered my investment and left the market at 2.55. If I held it for a while until it reached 2.7, I could have directly earned hundreds of U. However, this kind of market does not happen every day. It's just my luck.

2024.7.16, cumulative loss 12871U.
Things will change. I will change too.

2024.7.13, cumulative loss is 12224.
The debt is increasing day by day. Should I really abandon the contract and only play spot with this few hundred U principal?

I opened an eth contract grid with 400 U and made 10 U in two or three days. It is slow but stable, and the liquidation price is so low that it is difficult to reach.

Or should I wait until the next market comes to do the contract? At that time, can I make money by doing long without thinking, just like the period after the Chinese New Year.

2024.7.10, cumulative loss 12145U.
I really regret it. I entered the circle just because I wanted to open ChatGPT Plus. The virtual card needs to be recharged with USDT, so I downloaded the exchange, and then tried to trade and made a little money. After losing, it was out of control. Without knowing anything, I slowly lost all my money.

If I hadn't lost this money, even if I opened a spot grid, I would have made enough money every day. Alas.

2024.7.9, cumulative loss 12073U.
In fact, we should not have the idea of ​​"stable profit x% every day", because not every day has an opportunity and is suitable for operation. It is possible to see an opportunity to make a lot of money, or there may be no opportunity for several days.
$BTC

2024.7.8, cumulative loss 12063U
It collapsed. It is really difficult to integrate knowledge and action. I can hardly accept this. It is still the same old problem. The more the copycat contract falls, the more I increase my position. I stop loss at the bottom, but it rebounds within two hours. If I did not stop loss, I would not only not lose money, but also make hundreds of U. But that's it. The position is too heavy and I dare not wait, for fear that it will fall and all my money will be blown up.

I give up.

2024.7.7, cumulative loss of 11449U.

When I woke up, the market had risen a lot. I didn't dare to chase high. I waited for the opportunity and opened a small position.

I now have about 500U of operational funds. If I can make a steady profit of 3% every day, it only takes 100 days to reach 10,000. This is of course an ideal situation, but it can be proved that steady profits can achieve high funds. There is really no need to open high leverage and take risks.

This huge loss has caused me not to watch any movies or read any books for several months. My mind is full of the cryptocurrency circle and the money I lost. Recently, I have started to adjust my mentality. Watching the market all day is a waste of time for me. Do something else. Recently, I am reading Sanmao's "Stories of the Sahara", which tells many stories about the author and the Saharawi people living in the desert. It is quite interesting. When I make enough money, I will go to the desert to see it.

2024.7.6, cumulative loss of 11493U.

More than 10,000 U is a huge sum of money for me. I have never seen so much money, but this is a goal I must achieve.

I feel that if I don't add more positions, it will not be so easy to lose money. In the future, if you keep losing money when playing altcoins, try to stop losses, and don't keep adding positions.

Look at the historical prices of altcoins. How many altcoins that were worth hundreds of U in the last bull market are now priced at only a few U. There is no bottom for altcoins, and you must stop losses when the situation is not right.

2024.7.5, cumulative loss 11528U
I started writing a diary today to warn myself of my foolish operations. I hope that the accumulated profit and loss will become positive in the near future.

My long position is very small, so when I saw today's plunge, I increased my position. I went from a loss of 80+u to a loss of 30u and escaped. Later, I made a few short-term profits.

When gal was still 4u, I bought 700u to pledge. Now it has fallen to 1.7. The copycat really has no bottom. You can't buy randomly, and you have to stop loss when you buy. I don't know if gal will pull up the market after changing its name.

Gather funds, start again, and move towards 1000u first.

It exploded, I died, I was so angry at my own stupid operation. What a rubbish coin that increased by more than 20% in an hour.

When I save up 1000u, I will start taking orders.