At three in the morning, the phone suddenly vibrated uncontrollably. I opened my eyes and saw it was a video call.
Connecting, there is a girl on the screen, her eyes red from crying, her voice trembling: It's over, it's over, my account with 6500U has completely exploded...
She spoke incoherently: "I opened a 6x short position with a full margin, who knew the market would suddenly reverse and it went up by more than two points, and just like that, the money is gone! What should I do now?"
Let her send over the transaction screenshot, and I was stunned when I saw it — 6300U directly all-in, stop-loss? Not a thing.
Many people think that using the entire margin is equivalent to quickly doubling their investment, but the truth is: using the entire margin is like driving a car without brakes; if the steering wheel is slightly off, it could directly lead to a crash off a cliff.
I've seen this kind of thing too many times. The market fluctuates just a couple of points, and the account instantly goes to zero, not even giving you time to react.
When I first entered the circle, I also paid a lot of tuition. Later, I explored a few survival rules for full position trading, and after strictly following them, not only did I preserve my capital, but my account also steadily grew by over 70%.
These experiences are not complicated to talk about, but each one was earned with real money. Later, I will write a dedicated article to explain these methods in detail, which can at least help you avoid 90% of the liquidation traps.
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ruggedNotShrugged
· 11-29 23:39
Receiving a Get Liquidated call at 3 AM, this is the daily routine of going all in, haha I cried.
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On-ChainDiver
· 11-29 21:33
Going all in with your entire position is just asking for trouble; I've seen too many people play like this.
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DegenDreamer
· 11-28 14:49
Receiving a call like this at three in the morning, I feel for her... Going all in on this is really a gambler's mindset; without a stop loss, it's just looking for death.
Going all in at 6300 is really fierce, but this is a common problem for most people, always thinking they can win a bet.
Waiting for your detailed article; these painful lessons are worth more than anything.
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Purely mindless operation, using 6x leverage all in and not having a stop loss? This isn't trading, it's gambling.
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This is why I can only dare to invest a maximum of 3% of my capital now; life is important, bro.
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Stop loss is really just for show; 90% of people can't even pull the trigger, including me...
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6500U lost overnight, how painful that must be... But to be fair, who told her not to set a stop loss?
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All in short order flipping over, a typical leverage trap; these stories are played out every week.
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Waiting for the article; this time, the experience of suffering such a huge loss might save quite a few people.
View OriginalReply0
CoconutWaterBoy
· 11-28 14:43
Receiving a call like this at three in the morning really scared me awake... Trading without a stop loss for the entire position is like a suicide trade, this operation is truly absurd.
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ruggedSoBadLMAO
· 11-28 14:31
Going all in with a Full Position and not setting a stop loss, if this isn't gambling, then what is it? Wake up, everyone.
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Here we go again, first play people for suckers and then release the secret manual, the trick is too obvious.
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Using 6x leverage with a Full Position and not setting a stop loss, it would be strange if you don't get wrecked. With this IQ, you'll lose everything in the crypto world sooner or later.
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It hurts just to watch. Receiving this call at three in the morning would drive me crazy.
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Wait, what happened to that girl you mentioned? Is she still in the crypto world?
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Seriously, having a Full Position is just digging a pit for yourself. Now I only use a maximum of 20% Position per trade, and my mindset is much better.
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I've seen this kind of story a hundred times, and in the end, they sell a course, right?
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Without a stop loss, I might as well just close my exchange account, no need to compete with myself.
At three in the morning, the phone suddenly vibrated uncontrollably. I opened my eyes and saw it was a video call.
Connecting, there is a girl on the screen, her eyes red from crying, her voice trembling: It's over, it's over, my account with 6500U has completely exploded...
She spoke incoherently: "I opened a 6x short position with a full margin, who knew the market would suddenly reverse and it went up by more than two points, and just like that, the money is gone! What should I do now?"
Let her send over the transaction screenshot, and I was stunned when I saw it — 6300U directly all-in, stop-loss? Not a thing.
Many people think that using the entire margin is equivalent to quickly doubling their investment, but the truth is: using the entire margin is like driving a car without brakes; if the steering wheel is slightly off, it could directly lead to a crash off a cliff.
I've seen this kind of thing too many times. The market fluctuates just a couple of points, and the account instantly goes to zero, not even giving you time to react.
When I first entered the circle, I also paid a lot of tuition. Later, I explored a few survival rules for full position trading, and after strictly following them, not only did I preserve my capital, but my account also steadily grew by over 70%.
These experiences are not complicated to talk about, but each one was earned with real money. Later, I will write a dedicated article to explain these methods in detail, which can at least help you avoid 90% of the liquidation traps.