The contract account experienced a rollercoaster this week. In the early stages, a small position strategy yielded 120% returns for 7 consecutive days, maintaining a good rhythm. But last night, in a moment of impulsiveness, I went all-in with 10x leverage, resulting in a 28% drawdown. I was truly overwhelmed at that moment and decisively closed the position.
Honestly, that operation was unprofessional. Fortunately, only my own account was hurt, and no copy-trading followers were affected. Now I have 100U left in hand, both as a punishment and a restart. Last night, I also cleared all profits from a week’s worth of PIPPIN and withdrew everything.
After calming down and reflecting, I reinvested with the remaining principal. The biggest lesson learned this time is—no matter how much profit is made, once emotions dominate decision-making, it’s time to stop immediately. Wait until the account breaks even and the mindset is properly adjusted, then approach each trade with sober logic. In the war with the market, winning the mindset comes first.
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The contract account experienced a rollercoaster this week. In the early stages, a small position strategy yielded 120% returns for 7 consecutive days, maintaining a good rhythm. But last night, in a moment of impulsiveness, I went all-in with 10x leverage, resulting in a 28% drawdown. I was truly overwhelmed at that moment and decisively closed the position.
Honestly, that operation was unprofessional. Fortunately, only my own account was hurt, and no copy-trading followers were affected. Now I have 100U left in hand, both as a punishment and a restart. Last night, I also cleared all profits from a week’s worth of PIPPIN and withdrew everything.
After calming down and reflecting, I reinvested with the remaining principal. The biggest lesson learned this time is—no matter how much profit is made, once emotions dominate decision-making, it’s time to stop immediately. Wait until the account breaks even and the mindset is properly adjusted, then approach each trade with sober logic. In the war with the market, winning the mindset comes first.