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In the first 12 hours of the second season of the SNX trading competition, I watched helplessly as my account fell from $50,000 to $450.
Is your mindset崩了吗? No. In the next 6 hours, it surged more than 100 times, and the account directly broke even haha.
To be honest, I find this operation absurd - from the edge of liquidation to breaking even, it feels like I've been on a roller coaster. Contracts are really exciting; a slight misstep in risk control could lead to total collapse, but seizing the opportunity to turn things around can be astonishingly fast.
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Over 100 times to pump it back? Bro, you're really ruthless. I can't learn this gambling nature.
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This contract thing is like this: winning feels amazing, but losing can drop to zero quickly. It's exciting, but I'm afraid of missing the bottom once.
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Risk control? What risk control is there to discuss in a competition? Going all in is the way to go, haha.
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Going from 450 to the moon shows that opportunities do exist; mainly, you just need luck and courage.
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Not everyone can experience this roller coaster ride, but I think I need to remember this for next time.
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The SNX competition is really a meat grinder; this reversal is quite good. I've seen it drop to zero directly.
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Having such a stable mindset is really something. I would have broken down if I went from 50,000 to 1,000 long ago.