My tenth year in the crypto world.

Share an original copy to motivate the brothers in the market.

The trader's nirvana: from liquidation to reversal, what doesn't kill you will make you stronger.

The market will not pity anyone, but it will reward those indomitable beasts.

There is not a single big shot who hasn't been liquidated, and there isn't a winner who hasn't been tortured by the market to the point of questioning life.

Before Soros shorted the pound, he was repeatedly slapped in the face by the market; Livermore went bankrupt three times, but ultimately made a comeback; Buffett suffered losses of over half in his early years due to speculation—what you think of as "talent" is merely muscle memory after thousands of painful cuts.
The essence of the market is to first shatter your illusions and then give you the opportunity to reshape your understanding. (So I am also reshaping my own trading system.)

The market never eliminates losers, only those who refuse to evolve.
When others complain about "market makers controlling the market", they are optimizing their strategies;
When retail investors cry out "the market is too strange," they are adjusting their risk control.

What doesn't kill you makes you stronger—
What can transform you is the determination to dissect failure with your own hands and forge weaknesses into weapons.

Now, it's your turn:

Will you continue to be harvested by emotions, or will you let discipline become your printing machine?

Nirvana is not luck; it is the counterattack after the beast licks its wounds.

Brothers, those who should work out, work out; those who should exercise, exercise; those who should study, go study; those who should improve their cognition, break through and improve. Focus less on the market, reduce disturbances from it, do not be driven by emotions, and victory is certain.

In the past decade, although there have been countless records of short cycles with dozens or even hundreds of times returns, to be honest, I haven't had any positions that allowed me to sleep soundly. Ever since I truly reduced the leverage to below ten times, I achieved a maximum real trading profit of 42% in these 20 days, but I sleep very well every day. With low leverage and a huge space for hanging positions to arbitrage, I even fell asleep during last night's Federal Reserve meeting, despite being someone who usually pays close attention. It's not that I rely on pinbars and small positions for crazy high-frequency arbitrage and can ignore the direction; in fact, there is still a direction, and I am slightly bearish, mainly entering short at 117000. However, the market trend is more favorable for shorts. If I were arbitraging in the long direction at 117000, I estimate I could achieve an 80% return. What does the market say? Perhaps the market next month will be more favorable to me, and my win rate will then emerge, right? Moreover, my positions maintain both long and short with a strong liquidation trigger of tens of thousands of dollars in USD. With small leverage in operation, I can still achieve returns equivalent to dozens of times leverage, but my survival rate is significantly higher than the ten times leverage.
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