The difficulty of trading lies in self-discipline.

Hello brothers, I am trader Zhu Yidan. Today the market continues to rise sharply, and my positions are almost back to break-even. My funds are close to reaching the high point of May. In the market, some are happy while others are sad. Early this morning, I received messages from several fans; some are stuck in short positions, and some have been liquidated. People's joys and sorrows are not shared.

A friend who shorted the market had always used stop-loss orders before, so I was surprised by his liquidation. He told me that after getting stopped out yesterday, he opened a revenge position to continue shorting. When he woke up in the morning, he found that he had been liquidated. Trading discipline can only be enforced by oneself, but people are emotional and reactive. If one gets too carried away, they can lose everything in one go. To me, this is the difficulty of trading. The solution is either to suffer enough pain to remember it long-term, or to make discipline a habit and fully adapt to it. These are related to individual willpower.

My original position has been rising these past few days, but I sold off a position in STO. This coin was one I bought at a low price; those who have watched my live stream should know that I had four contracts at that time. Later, when I bought back GUN, I ended up losing money again. I was afraid of falling back into the previous state of holding onto all my positions. If this size of position retraces, I wouldn't be able to cover my margin, so I cut the profitable STO and sold it off for 70,000 USDT. This experience taught me to maintain a reasonable position size, which is a size that gives you peace of mind. If the position is too large, emotions become tense, and operations can become distorted, ultimately leading to missing out on significant profits. I was greedy and bought back GUN, which indirectly resulted in me cutting the STO I was optimistic about while still losing on GUN.

In a bull market, setting a target for profit-taking reduces the need to constantly monitor the market. The more you watch, the easier it is to miss selling opportunities. Often, when the market rises, it exceeds many people's expectations, especially with altcoins. I don't know if this pattern is correct this time, but once I reach my predetermined target, I will not hesitate to take profits, and then leave a portion of the funds to play with. This way, my mindset will be better. Many people laugh at me for holding onto my positions, but surviving in this market for the past two years is proof in itself. Of course, holding onto positions is not a good habit, and I must learn to set stop-loss orders.

I hope everyone can gain something from this market trend, whether it's money or experience. If I had to choose, I would choose money, hahaha!