Actually, the biggest enemy is often yourself. Staring at the market all day, you tend to encounter problems—getting nervous and unable to hold when it's time to profit, hesitating to cut losses when needed, and the more you hesitate, the more mistakes you make.



Yesterday, I went long on a popular coin, initially setting the stop-loss at 0.0106 with three times leverage. Tonight, when I saw the rebound lacked momentum, I started to get nervous. In the end, I couldn't resist and moved the stop-loss to 0.0118. The result? It triggered instantly, and I lost nearly 2000 USD.

The irony is, not long after, the market rebounded. If I had stuck to the original plan, I would have already turned green. But there are no ifs—only lessons to remember: the cost of frequently adjusting your decisions is often greater than the loss itself. Next time.
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.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
Degen4Breakfastvip
· 01-11 17:29
Moving stop-loss is basically self-sabotage, honestly. Moving stop-loss is truly poison; I always regret it afterward. If your mindset collapses, don't look at the market—this is the truth. That's why I set my stop-loss and then throw away my phone. It's a mindset game; in the end, you're just fighting with yourself. The cost of obsessing over a few points is a blood loss of two thousand dollars, it's painful. Sticking to the original plan sounds easy when you say it. Floating stop-loss can kill you; this wave could have turned red.
View OriginalReply0
GasGasGasBrovip
· 01-11 00:50
This is a painful lesson. Moving stop-losses is like courting death. When you dare not look at the market, you make money; as soon as you watch closely, trouble ensues. Once you set a stop-loss, don't change it. Changing it will cost you dearly.
View OriginalReply0
DegenTherapistvip
· 01-10 07:35
The moment you stop loss, you've already lost, really. A classic mental breakdown scene, paying 2000u in tuition fees was worth it. That's why I say the hardest part in the crypto world isn't predicting the market correctly, but controlling your own hands.
View OriginalReply0
LeekCuttervip
· 01-08 17:59
This is greed. Moving the stop-loss by a little results in a 2000 loss, truly incredible. --- Always like this, your hand gets itchy again, huh? --- I just want to ask, why can't you fix this problem? --- Damn, the market rebounds and you feel even worse, haha. --- Stop-loss is a thing; the more you move it, the more you die. --- Using triple leverage and still moving the stop-loss? That's just giving away money. --- How many times have I heard this line next time? --- It's really just a lack of planning; setting it is pointless anyway. --- The most uncomfortable part is when the rebound happens, regret is overwhelming. --- Frequent adjustments, you're so right. I've also fallen for this trap.
View OriginalReply0
LiquidityWitchvip
· 01-08 17:58
Really, setting stop-loss orders immediately is like seeking death Moving orders is a terminal illness that can't be changed This loss was worth it; remember next time Mindset is more damaging than technical skills That's right, arguing with yourself is the biggest loss
View OriginalReply0
OnChainSleuthvip
· 01-08 17:57
This is a real-life lesson: once you change your stop loss, you've already lost. If you move it, you're doomed. No wonder people say greed is the number one killer in the crypto world. $2000 tuition is cheap; some people pay more. By the time the rebound comes, they'll probably regret it so much their intestines turn green, haha. Next time, remember, the first instinct is often correct.
View OriginalReply0
RugResistantvip
· 01-08 17:54
Oh my, this is my daily routine, really incredible Frequent stop-loss adjustments are just asking for trouble; I've done it too Mindset is something that’s much harder to control than technique Another $2000 tuition fee, it hurts The key is that the rebound just comes, and that’s the most heartbreaking Next time I’ll probably fall into this trap again...
View OriginalReply0
CryptoGoldminevip
· 01-08 17:51
To be honest, this is a typical case of getting reckless during high leverage moments. I've seen too many instances of moving stop-loss orders around. From the perspective of computing power profit ratio, it's the same logic as miners frequently switching pools—costs are always greater than the benefits.
View OriginalReply0
AirdropBlackHolevip
· 01-08 17:50
This is what greed gets you—watching the candlesticks dance and not being able to stop. I've done it too, every time it's the same old trick. 2000 yuan in tuition isn't cheap, brother. Once you've set your stop-loss line, don't damn move it. That's true discipline.
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)