Last night, someone in the group asked: The more you stare at the market, the more you lose money, why?
I replied: You treat the candlestick chart like an electrocardiogram and your position like your life.
After being in the cryptocurrency circle for a long time, you'll realize:
Those who go all in, shut down when it drops, tremble when it rises a bit;
Those who are out of the market, don't check for three days, miss the chance to tap the thigh;
Only those with "half position + stop loss" laugh every day, their curves go up.
This is not mysticism; it's a game mentality:
Winning is not showing off, losing is not cursing;
When facing liquidation, don’t shift the blame, when in profit, don’t get inflated;
Only thinking about "how to play the next round", not tangled up over "how to lose the last round".
How to incorporate the game mentality into the trading system? Three steps to achieve it.
Step one, don’t go all in.
If your capital is all in, you turn from a player into a gambler, with only prayers left in your eyes, praying not to generate Alpha, but only high blood pressure.
Step two, don’t be out of the market.
Without any coins, your sensitivity to the market instantly drops to zero, realizing the bull market too late, gloating in the bear market, with both cognition and capital shrinking together.
Step three, adjust your position to the "slight pressure" zone.
My method: lie in bed at eleven o'clock at night; if you can wake up instantly due to a sudden piece of news, then your position is just right.
Too sleepy? Too little money, can’t get excited.
Can’t sleep? Too much money, the heart can’t handle it.
I keep 40%-60% for myself; a 10% drop doesn’t make me smash the computer, a 20% rise doesn’t make me quit my job, I check the market first when I get up, but I'm not scared out of my wits by a 15-minute spike.
Someone asks: Is the game mentality about lying flat?
Wrong, it is the most aggressive offense.
It forces you to focus on "how to win the next round", rather than "how to recover from the last round".
The former generates strategy, the latter generates emotion; strategies can be replicated, emotions can only explode.
Therefore, trading should be "gamified":
Fixed positions to level up, stop losses as revival coins, reviewing trades as strategies.
If you do these three things to the extreme, you will find:
The market is still the same market, the coins are still the same coins,
But you have evolved from being the "cut vegetables" to becoming a "gold farming studio".
Finally, I leave you with this:
Don’t treat trading as life and death; treat it as ranking;
Once your rank goes up, the capital is just a bonus trophy. @Square-Creator-4d3ab3baa22a6
I replied: You treat the candlestick chart like an electrocardiogram and your position like your life.
After being in the cryptocurrency circle for a long time, you'll realize:
Those who go all in, shut down when it drops, tremble when it rises a bit;
Those who are out of the market, don't check for three days, miss the chance to tap the thigh;
Only those with "half position + stop loss" laugh every day, their curves go up.
This is not mysticism; it's a game mentality:
Winning is not showing off, losing is not cursing;
When facing liquidation, don’t shift the blame, when in profit, don’t get inflated;
Only thinking about "how to play the next round", not tangled up over "how to lose the last round".
How to incorporate the game mentality into the trading system? Three steps to achieve it.
Step one, don’t go all in.
If your capital is all in, you turn from a player into a gambler, with only prayers left in your eyes, praying not to generate Alpha, but only high blood pressure.
Step two, don’t be out of the market.
Without any coins, your sensitivity to the market instantly drops to zero, realizing the bull market too late, gloating in the bear market, with both cognition and capital shrinking together.
Step three, adjust your position to the "slight pressure" zone.
My method: lie in bed at eleven o'clock at night; if you can wake up instantly due to a sudden piece of news, then your position is just right.
Too sleepy? Too little money, can’t get excited.
Can’t sleep? Too much money, the heart can’t handle it.
I keep 40%-60% for myself; a 10% drop doesn’t make me smash the computer, a 20% rise doesn’t make me quit my job, I check the market first when I get up, but I'm not scared out of my wits by a 15-minute spike.
Someone asks: Is the game mentality about lying flat?
Wrong, it is the most aggressive offense.
It forces you to focus on "how to win the next round", rather than "how to recover from the last round".
The former generates strategy, the latter generates emotion; strategies can be replicated, emotions can only explode.
Therefore, trading should be "gamified":
Fixed positions to level up, stop losses as revival coins, reviewing trades as strategies.
If you do these three things to the extreme, you will find:
The market is still the same market, the coins are still the same coins,
But you have evolved from being the "cut vegetables" to becoming a "gold farming studio".
Finally, I leave you with this:
Don’t treat trading as life and death; treat it as ranking;
Once your rank goes up, the capital is just a bonus trophy. @Square-Creator-4d3ab3baa22a6
