In this round of meme coin trading, I finally cut my losses after losing $90,000, which is the largest single loss during my meme trading period. Looking back, I didn't avoid any of the mistakes like chasing highs, losing control of my mindset, or failing to set proper stop-loss levels. The loss was painful, but it's like paying tuition fees. I plan to reevaluate my risk management system and be more rational 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.
20 Likes
Reward
20
5
Repost
Share
Comment
0/400
BearEatsAll
· 01-15 01:02
$90,000, huh? With this move, it's really a complete loss.
View OriginalReply0
PermabullPete
· 01-12 20:36
90,000 USD... This time I really learned my lesson.
View OriginalReply0
TokenStorm
· 01-12 20:30
90,000 dollars... This is the price of not doing proper backtesting; on-chain data has already given the signals.
---
Chasing highs, honestly, it's still FOMO that I couldn't control. I've been through the same.
---
Going all-in without properly calculating the risk factor is something I've seen many do, and I've done it myself plenty of times.
---
Setting stop-losses sounds simple in theory, but when you're in the eye of the storm, you forget everything. It's basically paying an IQ tax.
---
Data shows that the liquidation mode for tokens like meme coins is just like this; we small players are always the last to know.
---
Reevaluating the system is the right move, but I bet you'll still go all-in next time. We're all the same.
---
You probably burned a lot on miner fees, and the fees hit hard again when setting stop-losses.
---
The technical side actually gave opportunities, but the mindset was the barrier. Honestly, it's still greed.
View OriginalReply0
NftMetaversePainter
· 01-12 20:26
honestly the algorithmic patterns underlying meme coin volatility are fascinating when you strip away the emotional layer... your losses actually reveal something about the *topology* of risk management failures, ngl
Reply0
GasWaster69
· 01-12 20:14
90,000 dollars... That's the price of playing with memes.
In this round of meme coin trading, I finally cut my losses after losing $90,000, which is the largest single loss during my meme trading period. Looking back, I didn't avoid any of the mistakes like chasing highs, losing control of my mindset, or failing to set proper stop-loss levels. The loss was painful, but it's like paying tuition fees. I plan to reevaluate my risk management system and be more rational next time.