Tonight is a bit outrageous. At 9 PM, the trading was still very stable, with each order operating normally around 1025U. As a result, an opposite order wasn't closed in time, and I watched several large red candles appear one after another. I thought about waiting for it to pull back a bit, after all, to minimize the loss.
But I never expected, this is not a pullback, it's a complete plunge. The market is dropping like a waterfall with no rebound, and now the loss has reached 112U. I was planning to sleep, but now I can't sleep at all, just staring at the K-line chart, watching it fall step by step.
This situation is really speechless. I originally thought I could wait out the risk, but instead, I got deeper and deeper. Has anyone encountered a similar situation? At this point, should I continue holding, or just cut losses and close? Any practical advice?
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MEVHunterX
· 5h ago
Seeing this, I know this is a classic "waiting trap," too familiar.
112U lost so quickly, indicating that the market truly didn't give you time to react. Admit the loss, brother. Keep holding on, and your mentality will completely collapse.
That's why I usually stop looking at my trades after 9 PM. The more I watch, the more I want to rescue, and the more I rescue, the more I die.
Stop-loss is always the cheapest insurance.
Sleep is much more important than the account. Fight again after waking up.
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BlockchainFoodie
· 12-25 19:34
ngl this is exactly why you never let a bad position marinate like unseasoned meat... the recipe was already ruined at 9pm, you just kept adding salt hoping it'd fix itself lmao
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MidsommarWallet
· 12-24 16:51
This is the gambler's mentality—waiting for a pullback and then giving you a big slap in the face.
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112U is okay, I've seen worse. Just cut losses and stop hesitating.
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I advise you not to look at the K-line anymore. The more you look, the more annoyed you get. Go to sleep.
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Continuing to hold now is just gambling. Can you afford to gamble?
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No stop-loss awareness at all, still waiting for a correction. Serves you right.
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Admit defeat, brother. Don't wait anymore. This market has no bottom.
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Such a small loss and you're still hesitating, which shows your risk management is very poor.
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Remember next time, as long as you violate the plan, close immediately. Don't make excuses for yourself.
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I've been through it too. In the end, I still cut losses and survived. Staying alive is the most important.
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AirdropBlackHole
· 12-24 16:33
This is the gambler's mentality. Waiting and waiting will only lead to a deep pit.
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112U is nothing, but if your mindset is shattered, it's over. Cut your losses when needed, don't hesitate.
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Bro, you're just arguing with the market. You should have cut it already.
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Can't sleep while watching the market? You're losing money. Trust me.
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Want to keep holding? Brother, are you trying to bottom fish or raid the house?
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It's a typical luck-based mentality. The most taboo during a plunge is waiting for a rebound.
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I've been there too. In the end, I realized that waiting will never make you money; it only makes you lose more.
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Accept the loss and cut your losses. Stop fooling yourself. Every minute you're losing money now.
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What can you learn from the candlestick chart? The more you look, the more annoyed you get. Cutting it now might even help you sleep.
Tonight is a bit outrageous. At 9 PM, the trading was still very stable, with each order operating normally around 1025U. As a result, an opposite order wasn't closed in time, and I watched several large red candles appear one after another. I thought about waiting for it to pull back a bit, after all, to minimize the loss.
But I never expected, this is not a pullback, it's a complete plunge. The market is dropping like a waterfall with no rebound, and now the loss has reached 112U. I was planning to sleep, but now I can't sleep at all, just staring at the K-line chart, watching it fall step by step.
This situation is really speechless. I originally thought I could wait out the risk, but instead, I got deeper and deeper. Has anyone encountered a similar situation? At this point, should I continue holding, or just cut losses and close? Any practical advice?