Tired of the "gurus" who never lose? Me too. That's why I open this diary. I'm not a millionaire (yet), I'm a 19-year-old trader operating from my phone in Venezuela with a clear goal: Discipline over Euphoria. Today the market gave us a free lesson with $RIVER . Many panicked, others bought the "froth" and were swept away. I stayed watching, applying my Rule of 3 Confirmations. Patience pays more than any indicator. $Here you won't see magic signals. You'll see:
💀 "How greed can destroy your capital and mindset" 🧠
Yesterday I showed them how fear can paralyze us. Today, I come to be brutally honest about the other great enemy: greed. 📉 The mirage of +1.20 USDT I entered at $DUSK with a plan. The price rose to $0.13881 and my position was in the green with a PNL of +1.20. The market was proving me right. My "grain by grain" goal was right there, in front of my eyes. What did I do? Nothing. I let greed whisper in my ear: "It's not enough, wait a little longer, it's going to explode". I ignored my initial plan due to an irrational feeling.
Your analysis may be gold, but if your fear is paper, you will lose. 💥
Today I'm not here to show you a shiny "green," but to tell you how a beginner's mistake cost me a winning position. I opened a Short at $SOL at 122.95 aiming for 121.00. Everything was going according to plan, but I committed the capital sin of the impatient trader. 🔍 The History of the Error When the price dropped to 122.80, I panicked about losing. I moved my Stop Loss (SL) to the entry price (Break-even) to ensure "not losing anything." What was the result? I didn't let the price "breathe." There was a small false bounce that hit my SL at 122.96 and took me out of the play. Minutes later, I saw how SOL plummeted to $116.03. My analysis was correct, but my hand trembled.
🎯 CHALLENGE: From $27 to $1,000 – Day 2: Discipline over Euphoria
What a crazy day, people! The market tried to take me out of the game, but here we are, stronger and with the capital intact. 📊 Wallet Status Previous Balance: $27.47 USDT Current Balance: $28.04 USDT 🚀 Today's Result: +$0.57 net (after fees). Challenge Progress: 🟢 In green and adding. 🛡️ Yesterday's Battle: Surviving $RIVER Yesterday afternoon fear knocked on my door. I took a Short at $RIVER seeing a clear "foam" with an RSI almost at 100. The price challenged me, increased aggressively, and was almost touching my Stop Loss (it reached $50.90 and my SL was at $51.12). 💀
on the other hand, you practically bought in the resistance just when the bubble burst (the price fell), they say that buying when it rises very quickly is like shooting yourself in the foot.
Kriptonica
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Bearish
I bet I open in shorts and it goes up 1000% 🥲 $DUSK
Last night the brutal rise of dusk was a bubble effect, I noticed it reached 0.24 (approx) I was 100% sure it was going to fall like a stone in a well. But it was very risky to enter.
Kriptonica
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Bearish
I bet I open in shorts and it goes up 1000% 🥲 $DUSK
Analyzing that same coin, I noticed that when it was at 0.152, it had a very low buying volume, which is why it hit the minimum of 0.133. From what I see, you sold at a support.
Kriptonica
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Bearish
I bet I open in shorts and it goes up 1000% 🥲 $DUSK
that's why it's good to first thoroughly research the supports and resistances) also use the TP/SL, if you don't know how to use them, it's better to stop trading FUTURES immediately (believe me, it's for the best)
Kriptonica
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Bearish
I bet I open in shorts and it goes up 1000% 🥲 $DUSK
I recommend that you study the market and watch the news, to make informed decisions and reduce losses, but not to be betting in the market without having studied beforehand.
Juanfr_
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What currency do you use to operate in #future ? I'm new to this and was operating with $DASH but to be honest I find it very weak and I also lost $45 haha although it's more due to a lack of experience than anything else. What currencies have worked for you or which currency is less complicated to read? 👇