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These are my recent thoughts on a short-term trade on DOGEUSDT, executed with 10x isolated leverage on the hourly timeframe. After a strong upward impulse, DOGE reached the resistance level of 0.1329 - 0.1330, which is a zone where the price previously struggled. At that point, I reminded myself not to succumb to the emotions of green candles and not to chase the market.
Before entering the trade, I spent time observing the price behavior. Although the short-term trend was bullish, the impulse around the resistance level began to weaken. Rejection candles and oscillations around the moving average indicated that buyers were losing strength. From experience, I know that many losses are caused by late entries, so I waited for confirmation rather than acting impulsively.
Emotionally, this trade was not easy. I was confident in my analysis but also fully aware that the market can always move against my expectations. I had already accepted the possibility of a loss. This approach helped me stay calm because once you accept the risk, fear has less influence on your decisions.
I opened a short position at 0.13212 on 4090 DOGE. I deliberately avoided using higher leverage, even though the platform allows it. My goal is to protect capital, not maximize profit. In my past trades, excessive leverage led to unnecessary stress and emotional mistakes, so this time I chose discipline over greed.
After entering, I consciously avoided over-focusing on each candle. Excessive chart watching often leads to panic and closing positions prematurely or revenge trading. I told myself that regardless of profit or loss, if the plan is executed correctly, my work is done. This shift in mindset helped me maintain patience and trust in my strategy.
As the trade developed, the price slowly and steadily moved in my favor. There was no sharp drop, but the market respected the resistance zone. At the time of writing this post, the trade shows an unrealized profit of +3.55 USDT, with an ROI of +6.50%. Although this seems like a small profit, emotionally it was a significant improvement in my trading journey.
The most important thing for me in this trade is not the profit, but the process. I follow my rules, control my emotions, respect risk, and avoid impulsive decisions. Even if this trade ultimately results in a loss, I will still consider it a good one because the execution was correct.
This experience taught me several important lessons. Losses are an inevitable part of trading; attempts to completely avoid them only lead to bigger mistakes. Risk management is more important than winning bets. Small, consistent profits and controlled losses help build long-term confidence and resilience.
My advice to other traders is simple and clear: don’t rush to enter, don’t chase the price, and don’t let emotions control your actions. Always define your risk before entering a trade, accept the outcome in advance, and focus on consistency rather than huge profits. Trading is not always about making the right decisions but about surviving long enough to grow.
Disclaimer: This post is merely personal reflections and trading learning experiences; it is not an investment recommendation in any form. Trade responsibly, based on your ability to accept risk.
Discipline, respect for the market, daily development