The trading experiences of the past two months remind me to share some bloody lessons learned.

Last month's challenge started with 200U, once soaring to 2800U, and I felt great at the time. But by the beginning of the month, in just three days, I lost it all back to 80U, then in four days, I regained to 800U. This rollercoaster experience actually stems from a few common pitfalls.

**The deadliest mistake is greed and impulsiveness**. Many trades should have been closed when profits appeared, but I waited for rebounds or held on stubbornly, resulting in a quick stop-out. The idea of quick in and out sounds simple, but in practice, few can actually do it. The word "vision" sounds lofty, but in trading, it often equates to going all-in and greed, which leads to the most losses.

**Timing is also crucial**. The three to five-day window at the start of the month is especially prone to losses, as market volatility is high and liquidity changes rapidly. Beginners can't react quickly enough, and even experienced traders can get caught off guard. It's better to stay patient and wait until the market stabilizes before taking action.

**Capital and position management are the real shields**. Many people chase returns but manage their principal poorly. When the right opportunity finally comes, their capital is almost gone, and even the best market conditions won't help.

All these lessons were learned at the cost of losses. I share them in hopes that everyone can avoid taking the same wrong turns.