Having entered the market nearly 3 years ago, I am now in my early 20s. When I was 17, I cluelessly entered this circle, opening an order on a major exchange using someone else's account, starting with 300 yuan.

That night, I turned it into 8,000. At the time, I truly believed I was a prodigy who could change my fate through this.

But what happened next? A series of downward candles, one after another, and reality gave me a harsh slap. I knew nothing in my first year—leveraged to the max, no stop-loss at all, taking profits as soon as I was slightly in profit. I made all the mistakes a beginner could make. Later, I was unwilling to give up, studying indicators obsessively, researching position management, trying both long-term and short-term trading.

But none of it helped. Losses kept piling up. On a major exchange, Binance, Gate… I lost about 4,300 USD in total. For many big players, this might just be the floating profit of a single trade, but for me, it was already all I had.

After all these years, I finally understand one thing: from the moment I open a trade, human instincts start to consume you. I am especially easily swayed by emotions; greed and fear are amplified infinitely in me.

When the market is rising? When I make a profit, I want more—greed drives me to keep chasing. But the next second, a big bearish candle from the market maker crashes down, and I have no time to react. When the market is falling? Misjudging the situation, thinking I’ve bottomed out, hope arises—"Hold on a bit longer, maybe it will rebound." But the overall trend has already set, and in the end, I get liquidated.

Does setting stop-loss and take-profit orders help? When the price reaches that point, you try to do ultra-short-term trades, but the problem is… every time, I can find reasons to go against the trend.