How I lost $2k holding a coin that "had to go up" — and why you are doing the same thing NOW.
I bought Shiba for $100. It dropped to $80, then $40. That feeling: "I haven't lost until I sell."
Lie. I had already lost when I entered poorly.
I spent 3 months watching it drop waiting for a "recovery." Nothing. I exited at maximum loss: -80%.
The mistake? I confused investment with emotional attachment.
Today the rule is simple: 5% loss = automatic stop loss. End of story. It's not about $5 dollars — it's about respecting the plan.
I compared data from 2024:
— Trades with stop loss (-3% average loss): +187% year
— Trades that "wait for recovery": -42% in the same period
Why? Preserved capital allows for more attempts. One position liquidated = game over.
Real talk: 90% of traders hold onto hope. 10% exit according to plan and get rich.
That guy saying "I'm a hodler, I have faith in the project"? It may be true, but then it's not trading — it's attachment. Trading has entry, stop loss, take profit. No plan = gambling.
Here’s the shock: traders who win MORE still lose MORE times. The difference is they exit quickly from the bad ones.
What was your biggest loss for being "too right" about a project?
#TradingPsychology #StopLoss
#CryptoRealidade