It's been two and a half months since settling in the plaza: 80% of people are not making money, and I almost lost my mindset too.

I've been in Gate Plaza for exactly two and a half months.

Before submitting my performance report this month, I want to share a few heartfelt words while looking at the market.

80% of people in the crypto world are unable to make money.

Why? Because they always think they are smart enough.

No, it's that they think they are smarter!

What is the first principle of enlightenment?

Realizing that we are all quite ordinary in intelligence, never even being the top of our class. And who are the opponents in the capital game? The smartest group of people worldwide, the top students among top students, winners take all.

Only when we realize our own average intelligence do we choose the right path.

What is this path? It’s admitting our limitations, giving up illusions, and sticking strictly to discipline. In March, I truly faced the harshest test on this path — whether in traffic or strategy, I hit a bottleneck on both fronts.

But what’s more agonizing than traffic bottlenecks is the struggle in trading.

No excuses, let’s look directly at the core trading ledger:

In the past month and a half, I made a total of 30 $ETH public strategy trades, with only 5 stop-losses.

And in the 24 trades I publicly shared this month, 5 did not trigger (the direction was correct, just missed the entry point), but 4 were stopped out, and 3 hit breakeven stops due to pattern triggers.

From the win rate perspective, this has been the most difficult and strategy-struggling month I’ve had. There are many reasons: sudden macro geopolitical disturbances, market volatility, but more critically, my personal emotional state was off.

Because of these 7 stop-losses, plus the friction from the external environment, some harsh voices emerged. Honestly, these days, some people really affected my mindset. As a “rising KOL” still exploring, I admit I have many issues that I haven’t considered thoroughly. I still haven’t learned to “protect myself,” and I’m not smooth in speech and actions. When faced with ridicule and malice I dislike, my emotions still fluctuate, and I can’t remain as calm as still water.

But fortunately, my trading system’s bottom line remains intact.

Just as I repeatedly emphasized in last month’s summary, I must treat “stop-loss” as my daily fitness routine in trading. With strict stop-loss discipline and a relatively high risk-reward ratio, even in a month with poor win rate and serious mental strain, my overall account still remained profitable.

As long as the principal is intact, we always have the confidence to flip the table and start over.

I don’t want to pretend to be a “fortune-teller” who never makes mistakes just to cater to traffic. I shared a wish in my January summary: to see how far I can go by sticking to doing the right thing day after day in this circle full of illusions of getting rich quickly, using the simplest methods.

That belief still holds true. You don’t need to think Old Bao is a god; just believe that behind this screen, I am diligently reviewing every day, constantly learning, and getting up after every fall to keep improving.

Trading is a marathon, and creating content is too.

The pain and setbacks in March are part of growth. When things aren’t going well, slow down, look at the market more, and reflect on your shortcomings.

Thanks to the brothers who are still by my side, building real financial connections through genuine gains and losses. Your trust is my strongest card.
In April, dust myself off and keep going.

Wishing everyone at Gare Plaza: stay true to your original intention, and protect your principal.