2026-01-15 21:22:39

I recently hit a snag on $BTC. I entered a long position at the 95900 level, and just as the floating profit was about to break 1000 points, the market started to move and I ended up canceling the order to cut losses. This move was truly awkward—pursuing a long position should have involved strict risk management, but I panicked even in a favorable situation.

It seems like I only lost 70U, but if I had invested my full capital, it would have been in the range of 700U, 7000U. That’s the real area to be cautious about. Many times, it’s not a technical issue but a mindset problem—getting overconfident when floating profits increase, forgetting that the original goal of chasing longs is to stay disciplined.

Later, after reviewing, I realized that the key is whether I had a good plan at the Fibonacci retracement points. This lesson is worth remembering: trading isn’t about fearing losses, but about avoiding arbitrary stop-losses. Assess the situation carefully before acting, and don’t let short-term fluctuations influence your judgment.

BTC-1.37%

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SilentObserver

· 2h ago

Unrealized gains start to feel fake, this really is a common problem.

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NFT_Therapy_Group

· 2h ago

Feeling anxious about unrealized profits, huh? This problem needs to be fixed. Entering more positions out of fear of volatility? Basically, it's because your position management isn't good. The Fibonacci retracement levels must be remembered; you can't rely solely on intuition. The biggest enemy is your mindset, followed by technical skills. Stop-losses set arbitrarily will eventually lead to a sudden blow-up.

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MergeConflict

· 2h ago

Taking quick profits and then panic selling is a mindset that needs practice. --- Basically, it's about not sticking to discipline; chasing gains should always have a plan. --- Fibonacci levels really need to be planned in advance, otherwise you're just reacting passively. --- Losing 70u is okay, but if it were full position, it would be a bloodbath. --- It happens every time—once there's a little floating profit, you get carried away and forget how you entered. --- The key is to clearly distinguish whether it's a consolidation or a trend initiation; don't just randomly stop loss.

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LuckyBearDrawer

· 2h ago

Getting nervous when there's a floating profit—this is really a mental demon. I've also fallen into this trap. The key is that I haven't figured out a clear take-profit plan yet.

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fren.eth

· 2h ago

Profit-taking causes panic; this mindset definitely needs to be cultivated.

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BTCWaveRider

· 2h ago

Start panicking when there's only a floating profit—that mindset definitely needs to be tempered. Remember this next time?

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