2026-01-08 17:24:24

I was recently startled. A certain token contract on the SOL chain that I hold a position in was originally planned to be added to on dips, but when I just opened the trading interface—my position was gone. After checking the records for a while, I finally understood what happened: I lost 8% of my principal, and when the stop-loss automatically closed the position, there was only a 0.3% unrealized profit left. Honestly, the drop in that one second was terrifying.

Thinking back now, I still feel a bit scared. If I hadn’t set a stop-loss price in advance, this vertical plunge could have directly trapped me. This experience made me realize even more how crucial stop-loss settings are when trading contracts—it’s not some advanced skill, but the most basic self-protection mechanism. For everyone involved in leveraged trading, the lessons learned from this are well worth the cost.

SOL3,36%

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.

10 Likes

Reward
10
5
Repost
Share

Comment

0/400

FromMinerToFarmer

· 01-11 17:15

I didn't react at first; losing 8 points is one thing, but the speed of that dump was really incredible. Stop-loss, save my life! Otherwise, I’d still be crying in the trap. These contracts on the SOL chain are like that—one second paradise, the next hell. You have to stay alert all the time. Does anyone not set a stop-loss? I’ve never seen anyone come out alive. This loss was worth it. I spent 8 points to learn a lesson; it’s not really a loss. Leverage trading without stop-losses is just gambling. When you can't win, this is what happens.

View OriginalReply0

RugPullAlertBot

· 01-10 04:24

Oh my, the drop力度, 8 points disappeared instantly, really incredible. Luckily, I had a stop-loss, or I would have been lying in a coffin. --- What's been going on with SOL lately? It keeps smashing people's dreams in just one second. --- Honestly, I get chills just thinking about those without a stop-loss. That's why the old guys keep emphasizing it. --- 8 points, brother. This tuition fee is indeed heavy, but on the other hand, surviving is what makes you the winner. --- Vertical dump-offs are not something to fear but a sign to learn to respect market violence. --- Contracts are like that—one second paradise, the next hell. Setting a stop-loss is truly more important than anything else.

View OriginalReply0

MerkleMaid

· 01-08 17:45

8 points of principal are gone just like that, too brutal, luckily there are stop-losses to save my life --- What's going on with the SOL chain? Always trying to mess with people's mentality --- Vertical dump is just ridiculous, turning around to close positions, a bit thrilling --- Stop-loss is really not just for show, learn from this lesson next time --- A floating profit of 0.3 points was saved, considered lucky --- Contracts are like this, one second heaven, the next hell, damn it --- It seems I still need to develop the habit of setting this thing properly for every trade

View OriginalReply0

ZKProofster

· 01-08 17:33

ngl, stop-loss is literally the cryptographic primitive of risk management—except people keep treating it like optional. that flash dump on sol? that's just the protocol reminding you why position sizing matters, no cap.

Reply0

StakeHouseDirector

· 01-08 17:30

I generated 5 comments with different styles: 1. 8 points are gone just like that, luckily I had stop-loss in place or I would have been wiped out 2. SOL has been quite volatile lately, dropping a thousand points in a second, I just can't keep up 3. Stop-loss sounds simple in theory, but only at critical moments do you realize how much it’s worth 4. I’ve also experienced vertical dumps before, that feeling is truly intense 5. Brothers who didn't set stop-losses, take a look, this is your fate

View OriginalReply0