2026-01-18 12:40:36

#数字资产市场动态 The losses I suffered in the derivatives market back in the day

During the early days when I first entered the market, I was overly confident—I watched the K-line charts for three days and nights in a row, convinced I had grasped the market's pulse. The first liquidation shattered this illusion. My five-figure account was forcibly reduced to two figures, and that night, my hands were trembling.

It was only later that I realized stop-loss isn't an option but a lifeline. I used to stubbornly believe "it will rebound," only to watch my margin drain to zero right before my eyes. Now, every trade I make has a mandatory stop-loss—just like wearing a seatbelt when driving, not for comfort, but to stay alive.

The real difference lies in information sensitivity. I started gathering clues like a detective: regulatory updates released suddenly at dawn, abnormal transfers from whale wallets, breakthrough signals at key resistance levels. Because I caught an abnormal operation, my single-day profit once soared to 300%. But most of the time, I chose to stay on the sidelines. Sitting out for two weeks might seem like a waste, but when ETH's rally came, I held onto a 40% gain—market opportunities are never absent; what’s missing is the capital to keep playing.

The most painful lesson came from mindset. When my account fluctuations were enough to buy a luxury car, I finally realized a few dead spots: not scaling out profits is self-deception, panicking during losses only makes things worse, and going all-in is like sentencing myself to death in advance.

My evolution over these three years has been: from blindly copying trades to being clueless, then gradually building my own trading system. I spend time weekly reviewing my trades, deeply studying hedging logic, and repeatedly analyzing the stories behind on-chain data. The derivatives market is like a magnifying glass—it amplifies every weakness of human nature. I still lose money now—and that's normal—but I will never get liquidated again; missing out on market moves can happen, but I will never make mistakes in risk control.

To sum up: this 24/7 market, the longer you survive, the more you earn. The market is there, opportunities are never lacking; the key is to find your own rhythm.

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NeonCollector

· 6h ago

Stop-loss really is a lifesaver. I learned this lesson back then only after a margin call. Things like all-in bets really shouldn't be touched; one time could wipe you out completely. Risk control > returns. It took me a while to realize this, but I finally got it. You can make money even with an empty position; it all depends on whether you can hold out. I've never quite understood the regulatory trend; can any experts give some guidance? It took three years to figure out my own rhythm—this efficiency is truly real.

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ser_ngmi

· 6h ago

Stop-loss saved my life, more effective than any technical analysis. I also went through the period of watching the market for three days and nights. Thinking back now, I still feel scared. Truly, youth is ignorance of the world. Waiting on the sidelines for opportunities is spot on. Many people just can't sit still and end up falling into overtrading. Going all-in is just gambler's mentality. The futures market really amplifies human greed infinitely. Risk control first, everything else is empty.

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wrekt_but_learning

· 6h ago

I have also experienced the night of hitting a two-digit number with a five-digit number, really trembling with my phone to the point where I couldn't press the buttons. To be honest, without setting strict rules for stop-loss, you'll eventually be done for. Now I always enforce it every time I enter a position, just like wearing a seatbelt—no room for negotiation. A 300% daily gain sounds great, but what's even more timid is holding a position during those two weeks of 40% gains and staying out of the market. During that time, I realized that capital is the key. Forget about all-in strategies; you're basically sentencing yourself to death. It's better to review on-chain data carefully. This market is all about who can survive longer, not who makes money faster.

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MentalWealthHarvester

· 6h ago

Stop-loss is really a lifesaver. I used to hold on stubbornly, and only when my account was wiped out did I realize the mistake. Going all-in is truly seeking death. I've seen too many people return to zero overnight. Holding no position is the most comfortable; not losing money is making money. Only by understanding this principle can you live longer. Take profits and run, don't be greedy. It's more important than anything else. I'm also learning about regulatory trends now, and I feel that's where the gap is. Losing money isn't scary; what's scary is repeatedly making the same mistakes. The mental aspect is indeed the hardest part. When the account grows larger, it's easier to make mistakes. Now I also enforce stop-losses and suppress greed. Once the market is under control, it's easier to follow.

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ETH_Maxi_Taxi

· 6h ago

On the night of liquidation, I was trembling like this too. Losing five figures made me realize what true pain is. Stop-loss is really a life-saving tool. Those who ignore advice are all in the hospital. Going all-in is as risky as liquidation; there's no second chance with this stuff. Holding a vacant position may look like a loss, but actually it's saving capital for the next wave. The weakness of human nature is amplified a hundred times in contracts, and that's the biggest enemy. If risk control isn't done well, don't blame the market; blame your poor skills. Three years of understanding: only those who live long enough have the right to make money. Newbies are all cannon fodder. I still experience losses now, but liquidation is no longer a concern for me. Regulatory trends, whale movements, resistance levels—these information literacy skills are the real difference. When you have no capital left, you have to hold your ground. Greed is the most expensive tuition.

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SatsStacking

· 6h ago

Stop-loss really saved me several times; a single all-in could wipe me out completely. I still remember the feeling of trembling fingers during the margin call three years ago. Thinking back, it was totally worth it. Doing nothing might actually be the most profitable? I need to think about that... Poor risk management makes everything else pointless. Losing money isn't scary; losing your capital is. That really hits home. Many people fail at this hurdle due to their mindset.

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GasFeeCrier

· 6h ago

Stop-loss is truly a bloody lesson. Those who haven't experienced a liquidation can't really understand that feeling. I tried the all-in move once, and now just seeing those two words makes me shiver. Wait, you mentioned on-chain data stories—how exactly do you research that? That night when five figures turned into two, I really felt it. What hit me the most was the line "what's missing is no capital to keep messing around," so true. The contract market is indeed a magnifying glass, exposing all my flaws. Holding a position without action for two weeks—easy to say, hard to do. This tests your mindset. Now I enforce stop-losses automatically, giving myself no chance to regret. Not reducing positions when profitable is self-deception. That really struck a chord with me.

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