Recently operated a new coin market-making strategy, and the stop-loss scale was set too loosely. From the overnight low of 0.315, it rebounded all the way to the current 0.54. Although the account is still in loss, after review, my directional judgment, understanding of the new coin's liquidity, and long position strategy are actually sound.



What is the key lesson? When going long on altcoins, having a stop-loss constraint is an absolute rule. Without a stop-loss, it's like gambling—there's no protection against adverse fluctuations.

The current question is—does a 10x leverage tool really suit my trading framework? This needs careful consideration. Leverage amplifies gains but also amplifies risks, especially with volatile assets like new coins.

Honestly, I quite appreciate projects with strong manipulability. The routines are not complicated, actions are highly patterned, and the overall logic is clear. In such scenarios, it's actually easier to seize opportunities, but the premise is still to have comprehensive risk control—stop-loss, position sizing, and leverage choices must be tailored accordingly.
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WalletDetectivevip
· 15h ago
0.315 to 0.54, I couldn't hold on to either. Stop-loss is truly a painful lesson.
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WalletAnxietyPatientvip
· 01-07 08:00
Once again, I didn't set the stop-loss properly... Did I at least pay a decent tuition fee this time?
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SeasonedInvestorvip
· 01-07 08:00
0.315 rebounded to 0.54, still at a loss? How much did you lose? Leverage is really a double-edged sword.
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CryptoCross-TalkClubvip
· 01-07 07:42
Laughing to death, the stop-loss is so loose that it rebounds from 0.315 to 0.54 and still loses money. This is called "My direction is correct, I just lost the money," the self-cultivation of retail investors. Playing new coins with 10x leverage, this is not a trading framework, it's like using mind-reading to bet big or small in a casino. Wake up, brother. Basically, it's trying to catch the bottom of the manipulated market, but ends up being caught by the manipulated market's counter-move. This story plays out every day.
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FloorSweepervip
· 01-07 07:36
0.315 to 0.54, the direction is correct but the stop-loss wasn't set properly. This is outrageous, feels like playing with fire.
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