2025-12-25 06:24:02

A trader's real record: staying up late monitoring the market, a sudden cliff drop in the candlestick chart, and the account being completely wiped out within 15 minutes. Only after reviewing did I realize that the problem wasn't with the technology or outdated information, but at the very moment when I least should have relaxed.

In digital asset trading, it's never about predicting the market accurately, but about self-discipline in the face of market temptations. The following painful lessons are worth every participant remembering:

**Poor state, stop loss immediately**
When fatigued, emotionally out of control, or distracted, "feelings" are often the most unreliable signals. Your judgment is already compromised at this point, and the market won't wait for you to recover. Rest when needed, and stay away from the screen if your mindset isn't stable.

**Noisy environment, prohibit any trading**
Operating in a distracting environment is like walking a tightrope blindfolded. A second of distraction can lead to lifelong regret. Keep life and trading strictly separate; when trading, you must be fully focused.

**Ignore all external temptations**
"Looks like this wave can rise" or "others have already made money"—these are the most damaging psychological traps in the market. Never touch unfamiliar market conditions; discipline is the best risk management.

**Avoid periods of liquidity drought**
When data is overwhelming or before and after holiday market closures, volatility is intense and slippage is huge. The smartest move isn't to rush in but to hold steady and wait for the market to return to normal.

**Exit after consecutive losses**
Repeated losses can trigger a "revenge trading" obsession, distorting decision-making logic. The first step after losing money: turn off the app, step away from the screen, and give your emotions time to cool down.

**Final words:**
Survival doesn't depend on seizing every opportunity, but on maintaining discipline in a clear-headed state. Opportunities always exist, but only a few traders remain calm and online at all times—this is your advantage.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
5
Repost
Share

Comment

0/400

LayerZeroHero

· 6h ago

Staying up late to monitor the market is really impressive. What does clearing out in 15 minutes mean? It means you really shouldn't be trading overnight. Decisions made when you're sleep-deprived are all garbage decisions; the market doesn't care if you're tired or not. This article is right—people with poor execution will never learn. The key is self-discipline, but most people simply can't do it. I can't either.

View OriginalReply0

FunGibleTom

· 9h ago

Trading late at night is the easiest way to get caught off guard, and this guy is a living example. It's easy to say it's self-discipline, but honestly, greed kills. The phrase "others have already made money" is truly the strongest tactic for cutting leeks. People who keep losing and don't exit are basically waiting to be completely harvested by the market. It's really a mindset issue; no matter how good your skills are, if your state isn't right, it's all useless. It's only because I haven't done these things that I've been repeatedly educated. Clear-headed trading is easier to talk about than to actually do. I've already suffered too many losses from orders placed in a state of fatigue. If you don't understand, don't touch it. I just wrote this in the trading room. There are always opportunities; losing your principal is the real end.

View OriginalReply0

TopBuyerBottomSeller

· 10h ago

Staying up late to monitor the market is indeed a suicidal move; I have learned my lesson.

View OriginalReply0

DisillusiionOracle

· 10h ago

Late-night market watching is really the best—every time I think I can make a profit, but the market reverses and I go bankrupt... To be honest, discipline sounds simple, but in reality, everyone struggles to stick to it and gets tempted to break it. Another painful lesson—feels like I need to hear stories like this a hundred times before I truly learn. Why does it seem like stop-losses are always easy to talk about, but when it comes to actually executing, I just can't bring myself to do it? FOMO is really the biggest killer in trading. Every time I see others making money, I rush in, and then... you know how it goes. The most ridiculous thing is losing several trades and still wanting to recover, but it gets out of control, and the key is I didn't realize I was already out of control at that moment. These days, truly calm traders are rare—most are gambling mentality, including myself sometimes. Calm emotions > technical analysis, no doubt about it, but it's just something I can't do.

View OriginalReply0

JustAnotherWallet

· 10h ago

Staying up late to monitor the market is really intense. The moment your account is wiped out in 15 minutes must be incredibly despairing. Fatigue trading is basically asking for trouble. It feels like this thing is completely unreliable. FOMO is truly the biggest killer. You see others making money and can't help but jump in, and then... When liquidity is poor, it's time to shut up and wait for the market to normalize. Losing money and still trying to recover—if you can't change this mindset, trouble is bound to happen sooner or later. Discipline is the only way to survive, not prediction ability.

View OriginalReply0