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This is a detailed reflection on my recent short-term trade on DOGEUSDT, which was executed on a 1-hour timeframe with 10x isolated leverage. After a strong upward surge in DOGE, the price reached the resistance zone at 0.1329 - 0.1330, an area where the price previously faced difficulty. At that time, I reminded myself not to be influenced by the bullish candle sentiment or to chase the market.
Before entering the trade, I took time to observe the price action. Although the short-term trend was bullish, momentum near the resistance was beginning to weaken. Rejection candles and fluctuations around the moving average suggested that buyers were losing strength. From experience, many losses occur due to entering too late, so I waited for confirmation rather than acting impulsively.
Emotionally, this trade was not easy. I felt confident in my analysis, but I also fully understood that the market can always move against my expectations. I accepted the possibility of loss before entering the trade. This approach helped me stay calm because once you accept the risk, fear doesn't control your decisions as much.
I opened a short position at the level of 0.13212 with 4,090 DOGE. I deliberately avoided using higher leverage, even though the platform allowed it. My focus was on protecting capital rather than maximizing profits. In my past trades, excessive leverage caused unnecessary pressure and emotional mistakes, so this time I chose discipline over greed.
After logging in, I intentionally avoided focusing too much on each candle. Overly close observation of the chart often leads to panic closing or revenge trading. I told myself that whether the trade is profitable or not, as long as the plan is executed correctly, my job is done. This mental shift helped me stay patient and trust my strategy.
As the trade progressed, the price slowly and steadily moved in my favor. There was no sharp decline, but the market respected the resistance zone. As of writing, the trade shows an unrealized profit of +3.55 USDT, with a return on investment of +6.50%. Although this seems like a small profit, emotionally, it represents a significant improvement in my trading journey.
What I value most 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 ends in a loss, I will still consider it a good trade because the execution was correct.
This experience has taught me several important lessons. Losses are an inevitable part of trading; trying to avoid them entirely only leads to bigger mistakes. Risk management is more important than win rate. Small, stable profits combined with controlled losses can build long-term confidence and resilience.
My simple and powerful advice to other traders is: don’t rush into entries, don’t chase prices, and don’t let emotions control your actions. Always determine your risk before entering a trade, accept the outcome in advance, and focus on consistency rather than huge profits. Trading is not about being right every time but about surviving long enough to grow.
Disclaimer: This post is merely a personal reflection and learning experience and does not constitute any form of investment advice. Please trade responsibly according to your risk tolerance.
Discipline, respect the market, improve every day