Recently, I got slapped in the face by the market twice in a row.
I saw bullish signals in the $ESIM wave and thought I could ride the trend to a rally, but it was cut in half unexpectedly, and I ended up cutting my losses and exiting. Another one is TGE's $ZTC, I initially wanted to replicate the previous trend of $COLLECT, but it ended up the same—harvested.
Losing money is indeed painful, but what’s even more frustrating is that my judgment was wrong. This shows that my understanding of the market is still far from enough, or rather, when greed takes over, I simply neglect to defend.
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RugpullSurvivor
· 01-08 19:14
Once again, I got harvested. This time, I’ve learned my lesson.
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Cut in half twice, brothers, it’s time to reflect.
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Greed is really the biggest enemy of investing.
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Bullish signals are not foolproof; it’s hard to hold on.
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Being wrong in judgment hurts even more than losing money.
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Defense awareness must be kept up.
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I’ve looked at both $ESIM and $ZTC; this wave is indeed challenging.
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Understanding the market is easier said than done.
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I understand the feeling of cutting losses.
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MainnetDelayedAgain
· 01-08 09:44
According to the database, how long has it been since your last "correct direction" loss? It is recommended to be recorded in the Guinness World Records.
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MelonField
· 01-08 09:44
Greed is really the biggest enemy when trading.
I really didn't expect this move by ESIM; no matter how clear the signals are, they can't withstand the market manipulation.
Anyway, I didn't cut losses when I should have, and I was dreaming when I should have been defensive.
Having gone through two such cuts, I guess it's just tuition.
Next time I see a similar candlestick pattern, my first reaction should be to run away.
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GasFeeVictim
· 01-08 09:42
Cutting losses to the point of questioning life indeed.
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SandwichTrader
· 01-08 09:37
Damn, this wave is really a bit tough, ESIM and ZTC both underperforming, I'm really speechless.
After reviewing, it mainly comes down to greed getting the better of me, I saw the entry signal was correct but didn't set the stop loss properly.
This is the market, when you're making money you feel invincible, but when you're hit with a setback you realize what risk management really means.
Your review attitude is pretty good, at least you know where the problem lies, much better than those who just shift the blame.
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GreenCandleCollector
· 01-08 09:36
Greed is indeed deadly; defense is the key to survival.
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AirdropF5Bro
· 01-08 09:24
Even after being cut in half, I can still recognize myself, which already makes me better than a bunch of people.
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Bullish signals tricked me twice, I’m really stupid.
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Greed is indeed poison; defense is always the first lesson.
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Another day of being harvested. When will it be my turn to harvest others?
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Losing money from a wrong judgment is okay, but that sense of helplessness is truly absolute.
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I also saw through that ESIM wave, our fate is the same haha.
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Instead of blaming the market, it’s better to blame yourself for not understanding life clearly.
Recently, I got slapped in the face by the market twice in a row.
I saw bullish signals in the $ESIM wave and thought I could ride the trend to a rally, but it was cut in half unexpectedly, and I ended up cutting my losses and exiting. Another one is TGE's $ZTC, I initially wanted to replicate the previous trend of $COLLECT, but it ended up the same—harvested.
Losing money is indeed painful, but what’s even more frustrating is that my judgment was wrong. This shows that my understanding of the market is still far from enough, or rather, when greed takes over, I simply neglect to defend.