2026-01-05 06:22:01

Bitcoin has broken through the 93k mark as expected. Although the market looked fierce yesterday, I always felt there was a trap—after being caught too many times before, my psychological defenses are already up. In the end, I didn't dare to short. This wave of gains doesn't seem significant, and I'm worried about a follow-up rally. Holding long positions makes me nervous and conflicted, so I thought about hedging with Ethereum short positions.

I shorted at the 3140 level, with my first stop-loss set at the previous high. As a result, the price plunged and hit my stop-loss directly. I was a bit dissatisfied, so I doubled down on my short. At 3 a.m., there was actually a good opportunity to take profit, but I got impulsive and thought, what if there's another trap tomorrow? So I moved the stop-loss to 3165 and continued to hold on stubbornly.

In the end, I lost the bet.

My new account has now suffered three consecutive losses. Seeing the account net value shrink, I can't even describe how frustrated I am. I called for a long but then reversed to short, making tiny profits when I was right, and doubling down when I was wrong—that's been my recent trading pattern. Now, I only have one thought: as long as I don't get liquidated, I will recover these losses one by one and break even.

BTC0,13%

ETH0,44%

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New_Ser_Ngmi

· 01-08 06:06

Bro, your mindset is already lost the moment you doubled down on the short position. This is the consequence of emotional trading. Take profit is right in front of you, but you still want to be greedy. Don't think you can make a comeback in one shot; first, fix this bad habit. Why not take your profit at 3 a.m.? Why gamble on tomorrow? The worst part of account shrinkage isn't the money; it's that feeling of helplessness. Being timid on longs and getting wrecked on shorts—this cycle needs to be broken, brother.

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BlockchainBouncer

· 01-07 10:48

This mindset, doubling down on the short position the moment you do it, you've already lost. Being stubborn is the most expensive.

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CoffeeNFTs

· 01-07 08:03

It's the old trick of doubling losses again, so frustrating. --- This mindset, moving stop-losses back and forth, just doesn't want to admit defeat. I've been there too. --- Not taking profit at 3 a.m. and now regretting it. Next time, I need to be more ruthless. --- Three consecutive losses are normal. The key is not to get liquidated; preserving capital is the way to turn things around. --- Calling for a long and then switching to a short—I've seen this move too many times, and I keep losing. --- That wave at 3165 was indeed greed. Take profit when you should, don't think about tomorrow's scams. --- Adding more when the needle is inserted? Bro, isn't that a gambler's mentality? Reflect on that. --- Indecisive between long and short and wanting to hedge—resulting in losses on both sides. Classic move. --- BTC at 93k was already crazy, and you still dare to short with that size. Your guts are really big. --- Making a tiny profit but losing dozens of times more. I think you need to fix this bad habit. --- I understand the mentality of breaking even, but don't go in again just to break even, or it'll be really bad.

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MoneyBurner

· 01-07 00:18

This is what you call gambler's mentality. At 3 a.m., when there's a profit-taking opportunity, forcing yourself to sleep through sleep apnea... Doubling down on the short position the moment you do so already means you've lost, not because of the market.

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SillyWhale

· 01-05 06:51

Damn, this is me—a perfect combination of greed and stubbornness. --- That take-profit opportunity at 3 o'clock really required cutting myself a slice. --- Doubling down on the short position is a straight-up gg; I've been through this too. --- My mental state collapsed, really collapsed; all I thought about was breaking even and getting my money back. --- Just avoid liquidation, take it slow, and you'll eventually turn things around. --- You can't prevent a scammy hookup; it all depends on who has a stronger mentality. --- Counter-trading is the most deadly; I've been caught in both long and short positions. --- That wave at 3 a.m. was really money-making; holding on for a hammer was pointless. --- Watching your account shrink is painful, but that's the cost of trading. --- Doubling down is the biggest mistake; one or two times and it's all gone.

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CantAffordPancake

· 01-05 06:50

The moment I doubled down on the short position, I knew the outcome. If your mindset collapses, don't try to tough it out.

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ChainDetective

· 01-05 06:39

Doubling losses is really the worst; I totally understand this mindset. You still need to set a hard stop-loss, or else you're just fighting yourself.

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SudoRm-RfWallet/

· 01-05 06:39

A classic case of regret, the opportunity at 3 o'clock should have been taken, but instead, I stubbornly doubled down. This is a common problem in trading.

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HallucinationGrower

· 01-05 06:34

Oh no, I kind of understand this move... I knew the outcome the moment I doubled down on the short position. Really, once my mindset collapses, I start gambling. I gamble and double down, and I've fallen into this trap before. Changing stop-loss to stop-loss, changing take-profit to loss... this is my daily routine.

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