2026-01-02 18:23:40

Benchmark Effect: The Most Hidden Killer in Trading

Your feed is full of high-profit trades—some people make 50 times their money in one shot, others turn their accounts around with a single swing. And you? A steady 15% return every month. It sounds good, but in comparison, it’s like watching someone else’s celebration.

This is the moment when the trap opens.

You start to become restless. Your original trading plan is thrown aside, and you begin chasing those "feel like they could explode" opportunities. Positions grow larger, stop-losses become more relaxed. You even want to place orders just by looking at the K-line, regardless of whether the setup actually exists.

Why? Because there’s only one thought in your mind: "They’re all making crazy money, and I’m just standing still."

And the result? Chasing highs leads to being caught, aggressive trading results in margin calls. Those high profits you envy were never meant for impulsive and impatient people.

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DeepRabbitHole

· 15h ago

Too amazing, bro. I'm the guy who got blinded by the 50x leverage... Now my account has returned to two weeks ago. Stably making money is something no one wants to hear; everyone is chasing the ten-thousand-fold dream. That's why I only look at the K-line now and don't place any trades. Alright, let's just focus on staying alive before talking about getting rich overnight. I like this article, but unfortunately, by the time I realized it, the money was already gone. Every time I say I won't chase anymore, but next time I still can't change.

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AirdropATM

· 15h ago

Earning 15% per month is no longer impressive, right? It takes 50 times to call it making money. It makes me want to爆仓 (liquidate all positions), haha. --- As for me, I watch others' trades like reading a爽文 (light novel), then impulsively go all-in, now I'm stuck in a terrible position. --- You're so right. That's exactly how I got killed by the leaderboard. When I see others making crazy profits, I just can't sit still. --- People who consistently make money never boast, and those who boast never make stable profits. I understand this principle now. --- That part about追高爆仓 (chasing high and getting liquidated) really hit me. Why can't I change this bad habit every time? --- Feed toxicity is too strong. I suggest uninstalling the trading app directly to avoid mental breakdown. --- The term对标效应 (benchmark effect) is brilliantly named. It's basically a mental killer. --- I just want to ask, is there anyone who can resist this temptation? I definitely can't.

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VCsSuckMyLiquidity

· 15h ago

Haha, it's really me. Every time I see others with 50x, I get itchy. A stable 15% monthly return still doesn't seem enough, really. The moment I chase the high and get caught, I know it's over, but I just can't do it. Honestly, the benchmarking effect is really a killer. I should have stuck to my own rhythm early on and not followed the trend.

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GateUser-3824aa38

· 15h ago

Really, this is my bloody lesson. I used to think 15% monthly returns were very stable, but now seeing others making 50 times more, I completely lost my composure. Honestly, during the period dominated by FOMO, I was out of my mind, constantly chasing high and getting caught in garbage trades. Now I understand that making money and making crazy money are two different things. Once your mindset is disturbed, it's all over.

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