3/ Altseason: Live - My System: Cut Losses, Let Profits RunIntroduction: The Whole Truth About Trading
The "Altseason: Live" experiment is in full swing. Before we continue, I want to show you something important. Not just the wins, but the complete picture.
This is real trading. With big wins and unavoidable losses. And this single screenshot contains my entire philosophy.
My Core Strategy: Cut Your Losses, Let Your Profits Run
My main job as a trader comes down to two simple rules:
Hold my winning positions for as long as possible.
Cut my losing positions as quickly as possible.
Look at the screenshot again. The losing trades on SAGA (-90) and PUMP(−595) were closed fast.
The moment I realized the setup wasn't working, I got out. No hope, no emotions. This is the cost of doing business.
Now, look at MAV (+4,302) and RONIN(+3,254)
I let them run because they were following the plan. These two trades brought in +$7,556 in profit, more than covering all the small losses and securing a great overall result. This is how the system works.
The Winner's Psychology: The Battle with Euphoria
After a series like this, it's easy to get a "winner's high" and believe you're invincible. That's a trap. That's why, after the first wins, I deliberately cut my position size for the next trades by four times. To tame that euphoria and remember that discipline is more important than overconfidence.
My main principle remains : Fear losing more than you fear missing out.
The Hunt Continues: The Current Position
This system isn't a theory from the past. It's working right now. As of this moment, I have one open position in :
GETTEX:WOO , which is already showing over 2121 in unrealized profit.
I plan to manage this trade by the same rules and will likely close it within the next 1-3 days.
What's Next?
I'm not looking for dozens of trades. I'm looking for a few high-quality setups where I can apply my system. I use limit orders to enter on pullbacks, and I always use a stop-loss.
The experiment continues. You can follow it all in real-time on my streams, where I broadcast my trading terminal.
Thank you for your attention. The hunt for Trade #3 has already begun.
Best regards EXCAVO
