The siren song of 'just one more trade' on $SOL
I've been reflecting on a string of small losses recently, particularly with $SOL, that ultimately added up to a significant chunk. It wasn't one big blow-up, but rather the cumulative effect of thinking 'I can get it back on the next one' after a stop loss triggered. The mistake wasn't the individual trade setups, which were fine, but the volume of trading immediately after a loss, essentially revenge trading against myself without even realizing it until it was too late. The emotional component of wanting to erase the red quickly overrode the discipline of waiting for high-conviction setups, leading to progressively sloppier entries and wider stops. It's a classic overtrading trap that's easy to fall into, especially in a volatile market.