It will break you, like it did. To ME.
It will punish you for no apparent reason, even if you already do the actual discipline and rituals.
It is not for the faint heart and those unwilling to put effort even if the reward were to be none
But if you are still here for the chance to make a better outcome, especially if you are considering to pivot immediately to Full Time Trading, allow me to engage in few stories of mine
Like you, I am also an average guy from simple Chinese household you probably meet everyday on the street. Not the kind of rich Asian, Dad died early moments after I was born, Mom had to leave town for work and I lived with my grandparents most of my life.
Things were alright, to the very least. Proper food on the table, a roof to live on, and simple bed. Fast forward taking up Computer Science in uni and stumble upon crypto for the first time in 2021.
$DOGE it was… shilled by Elon Musk himself that it will create the next wealth. It was also the very top right after that, and I invest on that very top.
You might think it was a dumb thing to do. It does, really. But it was also my first ever decision made in the world of investing and trading, ended up to be my very first loss.
I was dumbfounded for sure. On one side to my own self that believes in such thing, the other for investing immediately without knowing what crypto was at all.
It sparks something within, a need to prove myself on this wild west opportunity called crypto.
Like any other newcomer, I researched every possible strats and make big bucks later on betting on every single scam that were famous called DeFi, making a 9K$ from my initial 150$. That feeling was all the things you could imagine: euphoric, bliss, and others. And like any average crypto guy, I lost it all due to drain theft.
It was devastating at that time, I didn’t join any community, research every single thing every night while being sleep deprived for 2 whole months. It was utterly depressing that I vow not to touch crypto again after that.
But here I am again in 2024, it was usual day working on the office. But that day it was different, a local (who were then proven to be LARP) state that it is easier to make money trading in crypto.
Obviously I didn’t believe it, but since it came to mind, might as well find a community for like-minded people this time. It might help shorten what I need to earn some bucks with trading.
It was a pretty average start of what you may think of. Watching YouTube videos, searching for anything related to trading, their strats, the imagination over those win rates and amount of money “could” have been “easily” made with.
At first I treated it like just a minor side hustle, PnL coming in, loose stop losses, no plan just vibe and pray. And it pretty much get worst — I got liquidated for the first time on 1st March, 2 months after I started trading. The amount wasn’t that much — 100$, but it’s also the triggers that made me start doing more reckless things, since from 100$ alone I reach my peak net worth of 2K$ at that time.