Mid-month review of the last two stop-loss triggered trades, recording the pitfalls encountered so that future trades can avoid the same mistakes.



**First Trade: Lessons from the OP Long Position**

The main issue was with the stop-loss placement. I set the stop-loss at a resistance level, which resulted in being triggered by a quick spike back down. I later realized that in the future, I must place the stop-loss below key resistance levels to give the price enough room to fluctuate and avoid being stopped out by normal pullbacks. Another problem was greed at entry—I was afraid of missing the move, so I went all-in at a high level without leaving room for adding positions later. I didn't catch this move because of discipline and method issues.

**Second Trade: Reflection on Today's Short Position**

The idea of shorting at a high level wasn't wrong in itself, but since the current trend isn't over, I got stopped out. After thinking carefully, I decided that opening new shorts at this position is too risky, so I will avoid shorting for now this week. I considered adding to the position but realized there's no need to enter now. Instead of fighting at a high level, it's better to wait for a pullback or a breakout followed by a pullback to go long, which reduces risk significantly. I might also wait to see if a reasonable short opportunity appears, but the key is not to try to pick the top.

The upcoming strategy is: abandon short operations and focus on waiting for long opportunities at lower levels. Sometimes, doing nothing is the best trading decision.
OP-4.41%
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MEVHunterXvip
· 11h ago
Ah, another big loss session. What sounds nice as a review is actually just a diary of losing money. I really understand the importance of proper stop-loss placement. Getting stopped out by a quick spike just destroys your mindset. Going all-in with the entire position is truly reckless, leaving no room for maneuver. Not touching short positions this week was a smart choice; trying to catch the top is too exhausting. Waiting and hesitating is actually just wasting time. It's better to directly enter at low levels for a more straightforward approach. Sometimes doing nothing is indeed the safest. Sitting back and winning passively is truly winning.
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GateUser-e87b21eevip
· 11h ago
Going all-in on a position is really a genius move; when it retraces, you'll have no bullets left. Setting stop-losses at resistance levels is a trap I've fallen into too; a quick spike and you're out. Waiting for a dip to scoop up bargains is the real strategy; don't try to catch the top. Sometimes not trading is actually more profitable than trading. Greed is the biggest poison in this industry; be serious. Shorting at high levels is still too aggressive; the risk is really high. This round of review and summary is quite heartbreaking; no wonder there's a stop-loss. Sometimes doing nothing is the best defense.
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UnluckyValidatorvip
· 11h ago
Stop-loss placed at resistance levels gets pinched, I've seen this too many times... Going all-in and still wanting to add positions, I'm really overestimating myself. Waiting for the right opportunity is always better than fighting at a high level. Sometimes not trading is indeed the smartest choice. The thrill of hitting the top is temporary, but the pain of liquidation is permanent. Once you understand that, it's good. Let's hide for now this week, wait for a pullback or breakout before taking action. Don't rush. Greed kills, brother. I'm also learning to say no now.
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NFTPessimistvip
· 12h ago
I’ve also made the rookie mistake of setting stop-loss resistance levels, and it was truly a painful lesson. Going all-in is even more reckless; such greed will eventually lead to big losses. What can I say, now there are too many people trying to catch the top. Instead of chasing highs, it’s better to be patient and wait for a pullback. The decision not to short this week was wise; staying calm is the key to making money. That said, knowing where you went wrong and actually changing are two different things. The key is whether you can stick to the plan and execute consistently.
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