小林周二
新入坑韭菜，还在学习
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【Day Trading Thoughts】I have found my rhythm
Yesterday I made a total of 5 trades, 3 wins and 2 losses. Among them, I manually jumped into SOL and BTC after seeing a quick candlestick reversal, while ETH was a limit order for profit-taking, overall it felt quite comfortable. Here are a few practical insights that I hope can help everyone avoid pitfalls:
Only swing at the "good balls"
Everyone has their own "good ball zone." My golden time is around the opening of the US stock market, when the trading volume is high and trends are easy to form; most of my profits come from this time frame.
Next is around 5 AM (often for second tests/extreme points) and 8-9 AM. But this is just my rhythm; you should find your own high win-rate time window through review and statistical analysis, and not blindly follow trends.
Risk control details must be "harsh."
It's not wrong to focus on support and resistance for trades, but setting stop-losses has a lot of intricacies. Remember to use market orders for stop-loss. At the beginning of the month, I had a trade in ETH where I used a limit stop-loss to save on slippage, but when I encountered a waterfall market, it didn't execute, and I watched a 40-point stop-loss turn into a 150-point loss. When trading with high leverage, it’s better to accept slippage than to accept a failed stop-loss.
Be decisive when you see a "pin."
That type of quick reversal "pin" (Pinbar) after breaking a level is a very strong reversal signal. Many people like to wait for a second pullback, but I prefer to enter directly. As long as the stop-loss position is clear, even if the bullish candle has already risen a bit, don’t be afraid; hesitation will lead to defeat.
Get rid of the "revenge mentality."
Trading mindset should always come first. Stop-loss is a part of trading; take a deep breath after a stop-loss and reassess the structure. If resistance has really broken, then follow the trend and reverse; profits can fully cover the earlier losses.
Absolutely prohibit "revenge trades"! Trying to win back money with emotions often marks the beginning of a margin call.
Wishing everyone smooth trading and a prosperous account!!!
#美联储重启降息步伐 #加密市场观察 #交易心理 #交易训练
Yesterday I made a total of 5 trades, 3 wins and 2 losses. Among them, I manually jumped into SOL and BTC after seeing a quick candlestick reversal, while ETH was a limit order for profit-taking, overall it felt quite comfortable. Here are a few practical insights that I hope can help everyone avoid pitfalls:
Only swing at the "good balls"
Everyone has their own "good ball zone." My golden time is around the opening of the US stock market, when the trading volume is high and trends are easy to form; most of my profits come from this time frame.
Next is around 5 AM (often for second tests/extreme points) and 8-9 AM. But this is just my rhythm; you should find your own high win-rate time window through review and statistical analysis, and not blindly follow trends.
Risk control details must be "harsh."
It's not wrong to focus on support and resistance for trades, but setting stop-losses has a lot of intricacies. Remember to use market orders for stop-loss. At the beginning of the month, I had a trade in ETH where I used a limit stop-loss to save on slippage, but when I encountered a waterfall market, it didn't execute, and I watched a 40-point stop-loss turn into a 150-point loss. When trading with high leverage, it’s better to accept slippage than to accept a failed stop-loss.
Be decisive when you see a "pin."
That type of quick reversal "pin" (Pinbar) after breaking a level is a very strong reversal signal. Many people like to wait for a second pullback, but I prefer to enter directly. As long as the stop-loss position is clear, even if the bullish candle has already risen a bit, don’t be afraid; hesitation will lead to defeat.
Get rid of the "revenge mentality."
Trading mindset should always come first. Stop-loss is a part of trading; take a deep breath after a stop-loss and reassess the structure. If resistance has really broken, then follow the trend and reverse; profits can fully cover the earlier losses.
Absolutely prohibit "revenge trades"! Trying to win back money with emotions often marks the beginning of a margin call.
Wishing everyone smooth trading and a prosperous account!!!
#美联储重启降息步伐 #加密市场观察 #交易心理 #交易训练
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This market is never short of losers
The harsh truth of the crypto world: Why has Brother Maji exploded again?
Brother Maji has exploded again
Brother Maji has exploded again. Watching this once legendary trader repeatedly fail in the face of market crashes, I can't help but feel a deep sense of powerlessness.
Tom Hogard said in (The Only People Who Understand Losing Can Win): "From a probabilistic perspective, trading is a 50/50 gamble, but in reality, 90% of people are losing."
Hogard is still too conservative. According to my observations, in the crypto circle, this number is 99.9%. It's those 0.1% cold-blooded butchers who take the last penny from the remaining 99.9% of the retail investors' pockets.
Brother Maji has exploded again
Brother Maji has exploded again. Watching this once legendary trader repeatedly fail in the face of market crashes, I can't help but feel a deep sense of powerlessness.
Tom Hogard said in (The Only People Who Understand Losing Can Win): "From a probabilistic perspective, trading is a 50/50 gamble, but in reality, 90% of people are losing."
Hogard is still too conservative. According to my observations, in the crypto circle, this number is 99.9%. It's those 0.1% cold-blooded butchers who take the last penny from the remaining 99.9% of the retail investors' pockets.
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