【Crypto World】A trader has been having a tough time lately. At the end of December, this guy once again got caught on a short position in SILVER (silver price tracking asset), and he closed the position 5 hours ago with a loss of $2,619. This has become a regular pattern for him recently.
Looking at his performance in December makes it clear: 19 trades, only 1 profitable. In other words, this month has basically been one “money-giving” session after another. Either his tracking was off, or he guessed the direction wrong—his pattern is always the same—entering when it drops, closing when it rises. This continuous losing streak definitely calls for a reflection on his trading strategy.
Such situations are actually quite common in the market. Especially in trading volatile commodity assets, tracking products (like silver tracking tools such as SILVER) simplify participation barriers, but if one lacks proper market judgment or risk management, short-term consecutive losses are easy to incur. It seems this trader needs to thoroughly analyze the reasons behind his recent setbacks.
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MEVSandwichVictim
· 2h ago
19 trades, 1 profit? Bro, are you working for the exchange?
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Entering the market and immediately hitting stop-loss, then it rises—this rhythm is incredible. You should reflect on whether your direction is always opposite.
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Silver is so volatile, yet you're still tracking it. You’ve got some guts.
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$2,600 per trade. If this continues for a month, it’s going to hurt a lot.
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What should you reflect on? Stop-loss when needed, stop gambling.
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19 trades, only 1 profit. Is this trading or gambling?
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This guy probably has the market turned upside down. Why is he losing so steadily?
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Risk management is weak. Overcomplicating simple things.
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SignatureDenied
· 13h ago
19 trades only one profit, this guy is really playing with fire
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Enter the market and it drops, exit and it rises, this rhythm is incredible, need to stop and think carefully
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White silver, this broken thing is a trap, not just once or twice I've fallen for it
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$2619 just disappeared like that? I advise this guy to change his mindset
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Looking at this record, you can tell he doesn't take risk management seriously at all
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Tracking products are indeed easy to fall into traps, insufficient market judgment is just money in the bank
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Haha, this old guy is a typical case of losing more and still trading
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Guessing the wrong direction and still stubbornly holding on, should have cut the position early
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The problem is not with SILVER itself, but with the trading strategy being fundamentally flawed
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Reminded me, I've seen this kind of crash before, and in the end, I just quit the scene
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AirdropNinja
· 12-29 08:24
19 trades only one profit, this guy really needs to stop and reflect
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Enter and fall, close and rise, this rhythm makes me feel uncomfortable for him
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Tracking products are tricky, without some skills playing SILVER is very easy to get cut
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Lost 2619 in 5 hours, how aggressive must that operation be...
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Feels like this guy is using money as a contrarian indicator of market sentiment
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With such a poor performance in December, being able to avoid liquidation is already good
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Looking at this trend... enter and fall, close and rise, a complete contrarian trader
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Silver is very volatile, people without a stop-loss concept come here just to give away money
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19 trades only one profit? Brother, this strategy isn't broken, there's simply no strategy
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Liquidated_Larry
· 12-29 08:17
Making 1 profit out of 19 trades? This guy needs to reflect, or he's just being educated by the market.
Tracking products have low barriers but deep traps; don't touch them without some skills.
Enter and it drops, exit and it rises—this operation is completely the opposite of normal.
Tracking products seem to easily get people hooked; poor risk control can lead to a bloodbath.
This month's giveaways are a bit excessive, 19 trades only one profit, but at least it's stable.
If you ask me, short selling is really tough now; the volatility patterns of silver are too complex.
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LiquidityWitch
· 12-29 08:17
Only 1 profitable trade out of 19, is this guy really a brave warrior? Doesn't even use stop-loss?
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SILVER stuff is a scam, tracking deviations every day, no wonder it's a huge loss.
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It drops right after entry and rises at close, isn't the market just messing with you? Haha.
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What's the point of reflecting? It's just a lack of a trading plan, pure gambler's mentality.
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Losing 2600 in 5 hours? I just want to know when this guy will admit he's not cut out for trading.
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With these results in December, coming back next month? Truly being educated by the market.
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Silver tracking products are already volatile, and daring to open positions frequently—are you asking for trouble?
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Looking at his record, I feel relieved; at least I'm not the worst one.
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Having too many ideas actually leads to faster losses. Now I get it.
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Bro, you're learning trading with real money, and the tuition isn't cheap.
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HodlKumamon
· 12-29 08:14
Winning only 1 out of 19 trades, that's a win rate of 5.26%...熊熊 thinks this is no longer a strategy issue, it's probability playing tricks on him.
Tracking assets like this, you need risk management, or you're just gambling.
Old brother needs to suffer some dollar-cost averaging, calm down and DCA.
Losing $2619 for a lesson, isn't that quite cheap?
Enter at the bottom, exit at the top—try reversing that logic.
Continuous big losses—what does that mean? Time to stop and calculate the Sharpe ratio.
熊熊's Kelly formula tells me, if the win rate is less than 10%, you should reduce your position or stay on the sidelines.
This wave, either cut losses and restart, or do DCA and wait for a rebound—don't keep betting your fate with a 5% win rate.
Just look at the data to see the problem; asset allocation needs optimization, can't go all-in on one direction.
Anxiety is useless; changing the strategy is the real solution.
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RektDetective
· 12-29 08:08
Haha, this guy is really unlucky. Making 1 profit out of 19 trades? He's working for the exchange.
Entering the market and immediately hitting stop-loss, then rising—this isn't a strategy problem, it's a "counter-trend trader."
Playing with SILVER-type tracking products is really just pure money loss; I advise this brother to stop immediately.
Having such poor sense of direction and still sticking with it for a month—his perseverance is truly strong.
Stay calm, stay calm. Don't let December's losses continue into January.
Consecutive losses: Traders attempt SILVER short positions again in December, with 19 trades in the month and only 1 profitable trade
【Crypto World】A trader has been having a tough time lately. At the end of December, this guy once again got caught on a short position in SILVER (silver price tracking asset), and he closed the position 5 hours ago with a loss of $2,619. This has become a regular pattern for him recently.
Looking at his performance in December makes it clear: 19 trades, only 1 profitable. In other words, this month has basically been one “money-giving” session after another. Either his tracking was off, or he guessed the direction wrong—his pattern is always the same—entering when it drops, closing when it rises. This continuous losing streak definitely calls for a reflection on his trading strategy.
Such situations are actually quite common in the market. Especially in trading volatile commodity assets, tracking products (like silver tracking tools such as SILVER) simplify participation barriers, but if one lacks proper market judgment or risk management, short-term consecutive losses are easy to incur. It seems this trader needs to thoroughly analyze the reasons behind his recent setbacks.