BTCUSDT FUTURE $100 CHALLENGE-13 Liquidation

About 25 days after the start of the BTCUSDT Future Challenge, it eventually ended in liquidation.

It is not clearing from BTCUSDT. WAVE was liquidated.

The account swelled to $400, but was liquidated in one shot.

After exporting yesterday's transaction details, I analyzed the data.

P/R = 0.46

Since it was liquidated, I thought the P/R would have to be very bad, so I looked again except yesterday for help.

P/R = 2.06

Since the Win rate provided by Binance is calculated by date, it is inaccurate, so I directly extracted the data and calculated it.

I traded about 118 times during the month, and the win ratio was 0.51.

Taken together

P/R = BTCUSDT 2.06 , WAVEUSDT 0.46

Total Win Ratio = 0.51

Looking at it objectively, it doesn't seem that bad. But the result was liquidation. So, let's do a copy.

Here's a review of yesterday's situation:

  • The risk was high, so it was 10 times, the stop loss was 15%, or even 40%, but the stop loss was good and the seed continued to rise.
  • The seed increased from $200 to $400, and at the end I took a short position, but contrary to what I thought, there was an error, and I only traded in a position of about $100, but I thought that this was unconditionally short, so I got into the water , and after taking the water It continued to rise, but did not stop, and was eventually liquidated.
  • After being liquidated, I was in a hurry, and I lost money even with the funds I had bought long Bitcoin, and this time I shorted 25 times and made 100% profit. However, my mental state was already broken, and in a state where I couldn't make a normal judgment, I just walked the Long with a prayerful heart. Looking at the chart, Long was caught despite failing to break through 2.9.
  • It was dawn when I did something I shouldn't have done. I woke up around 2 am and looked at the chart again, and it was down about 40%. If I had just maintained the last 25x short, I would have been able to recover everything, but to express the feelings at that time in as much detail as possible, my head was blank, my heart was beating fast, and I was impatient. And something felt stuffy. The reason why I write this feeling in as much detail as possible is that the moment when I feel this physical situation and feeling is always the same moment. In this situation, I reloaded $150, thinking that it would naturally drop after charging, and grabbed Short. and just slept As if laughing at me for thinking it would be a short unconditionally, the trading price only went up to my liquidation price and then came back down.
  • The $200 that I had accumulated through careful trading in BTCUSDT over the past month became $400 in just one day yesterday, and that $400 became zero again.

Fatal Mistakes I've Made

  • The stop loss criteria were not clear. As a result, I could not stop loss in the last short and was liquidated. I just prayed that he would come down again. As a result, I came down, but it was after I was liquidated.
  • In the midst of reporting a loss, I took a water ride, and as a result, all of the money I took was liquidated. Even though I made $300 with $100 to manage risk, I was only trading with $100, but I quickly forgot about risk management.
  • I was in my arrogance. Conceit soon brought brain-brain trading. The end of the brain-dong trade was liquidation.


what to keep

지켜야 할 원칙

  • Establishment of criteria for stop loss.
  • water ride X
  • Leave seed to recover (only trade half of max total seed)
  • Don't think about how much you will eat, think about how much you will lose first
  • 20만원씩 500만원까지만 연습해보기. 현재(60/500)

2 thoughts on “BTCUSDT FUTURE $100 CHALLENGE-13 청산”

  1. Dear Website Owner,

    I hope this email finds you well. I recently discovered your website and was impressed by the quality of your content and the helpful information you offer to your audience. In light of this, I would like to propose a backlink exchange that could benefit both our websites.

    My website, https://m.cheapestdigitalbooks.com/, is focused on providing affordable digital books to readers around the world. We currently have a strong online presence with a Domain Authority (DA) of 13, a Page Authority (PA) of 52, and a Domain Rating (DR) of 78. Our website features 252K backlinks, with 95% of them being dofollow, and has established connections with 5.3K linking websites, with 23% of these being dofollow links.

    I believe that a mutually beneficial backlink exchange could be of great value for both of our websites, as it may lead to an increase in website authority and improve our search engine rankings. In this collaboration, I am willing to add backlinks from my website using your desired keywords and anchor texts. In return, I would be grateful if you could include backlinks with my desired keywords and anchor texts on your website.

    I kindly request that you visit my website, https://m.cheapestdigitalbooks.com/, to get a sense of the potential benefits this partnership could bring to your site. I am confident that this collaboration will provide a win-win situation for both parties, and I look forward to learning more about your thoughts on this proposal.

    Thank you for considering my offer. I am excited about the potential growth this partnership may bring to our websites and am eager to discuss the details further. Please do not hesitate to reach out to me at your convenience.

    Best regards,

    David E. Smith
    Email: david@cheapestdigitalbooks.com
    Address: 3367 Hood Avenue, San Diego, CA 92117

    Reply

Leave a Reply