From Loss to Stability: The Trading Principles I've Developed Over 3 Years, Newbies Can Follow to Avoid Detours
Is your account green again? Clearly, you've learned a lot of analysis, but still panic when placing orders, running away with small profits, and stubbornly holding onto losses—are you also paying this kind of 'market tuition'?
I am Mu Zhou, a practical player in cryptocurrency trading for 5 years. From losing all my living expenses to steadily profiting with my followers, I dare say: trading earns 'system money', not luck money. Today, I present the hard-earned insights that I've summarized through blood and tears, quick storage for newbies.
The truth: there is no 'universal analysis', only a trading system that 'fits yourself'. Creating the core consists of three steps, with each step hiding key elements,
1. Calculate the 'safety cushion': participate with idle funds of 10%-20%, and the risk per trade should not exceed 3% of the principal. My early lesson from a full margin liquidation while eating instant noodles proved that leaving 50% of reserve funds can withstand market storms.
2. Draw a 'red line' for trading: write down the entry and exit points, stop-loss, and take-profit in advance. I now must fill out a 'trading plan': enter when RSI breaks 30, set stop-loss 2 points below the recent low, and take profit in two batches. Trading without rules is like crossing the road with your eyes closed.
3. Control the 'impulsive hands': 90% of people fall due to emotions. My technique is: after placing an order, turn on the focus mode on my phone and avoid blindly watching the market. I once watched a 10-point rise after selling at a low, later strictly adhering to the 'pre-market plan, remain inactive during the market', and my win rate surged.
The crypto market is like a strange boss; the more impatient you are, the more you lose. Calmness earns profits. Every day, I analyze the market trends in the square, providing direction in advance, never being a latecomer.
Earning little and losing much, want to build a trading system? Hit follow, and next time I’ll share practical techniques for 'volume analysis to determine trends'.
