April is over, time to review and reflect! Reviewing is reflecting, and reflecting is correcting—otherwise, reviewing is meaningless. This account of mine barely sees much action. I only started seriously trading on April 17th, or maybe the 16th. I vaguely remember the initial capital being somewhere between 300u and 370u, not entirely sure. From 4/16 to 4/29, the return was roughly 7x, with a 694% ROI and an 85% win rate. But from 4/16 to 4/30, things changed—it dropped to just 460% ROI and an 80% win rate! Why? Because TAC wrecked me yesterday , losing a painful 700u! I didn’t touch any major coins in April, didn’t go long even once. Everything was altcoins, and everything was short positions. The reason for shorting is simple: some people say it’s altcoin season, but I think it’s more like altcoin escape season. Shorting can hold overnight, and as long as you allocate positions properly, you can handle it without much trouble. But going long? If it drops, it might never bounce back for you. The reason for yesterday’s 700u loss boils down to two things: 1. I didn’t check TAC’s on-chain data—three addresses hold about 94% of the tokens, meaning heavy control over the supply. The first short position doubled in profit, but I didn’t close it—got too greedy! 2. The most critical reason: I fell asleep . When I woke up groggy and saw the sudden pump, I panic-closed everything with one click. If I hadn’t fallen asleep, the loss would’ve been capped at 200u. That’s the story, that’s the situation. Don’t underestimate small capital. The process of growing small capital forces you to think more calmly and trains your ability to manage risk and control drawdowns. I still believe the primary goal of investing is identifying risk, avoiding risk, and controlling drawdowns. Survival is more important than anything else. Let’s keep pushing in May. #TAC #ETH #BTC