Treat trading as a job, and only then can you truly make money
In the first few years after I entered the market, Yingge was just like most people: staying up late to watch the charts, chasing pumps and selling at the wrong time, getting liquidated, losing sleep, and feeling anxious—everything happened.
Later, Yingge changed. I did just one thing: treat trading as a job—clock in and out on time, and execute according to a plan.
The following are the lessons I lost money learning from my own live trading. Newcomers should save these:
1. Don’t trade until after 9 p.m.
During the day there’s more news and the volatility is messy—price action goes haywire.
These days I basically only trade after 9 p.m., when the news has mostly been digested. The candles are cleaner and the direction is clearer.
2. Take profit immediately—secure it when you win
Don’t be greedy. If you make 1,000 U, withdraw 300 U first. Then you can keep playing with the rest.
I’ve seen too many people say, “I made triple, so I want five times.” In the end, one pullback wipes everything back out—no capital left. $ERA
3. Look at indicators, don’t trade on instinct
Don’t enter based on “feelings”—that’s the fastest shortcut to getting liquidated.
Install TradingView on your phone, and before placing any trade, check these 3:
MACD: is there a golden cross or a death cross
RSI: is there overbought or oversold
Bollinger Bands: is there a squeeze or a breakout
At least two of the three should point to the same direction before you even consider entering. $ON
4. Move your stop loss up as the price rises
When you can monitor the market, raise your stop loss as it goes up. For example, if you buy at 1000 and the price rises to 1100, move the stop loss up to 1050.
If you can’t watch the market, make sure to set a strict hard stop loss of 3% to prevent a sudden crash from wiping you out in one go.
5. Withdraw according to a plan when you make money
The numbers in your account aren’t money. The real money is what you withdraw to your bank.
For every profit, withdraw 30%-50%—don’t leave it all in and fantasize about turning it into ten times.
6. Candle chart reading takes skill—don’t just randomly click
For short-term trading, use the 1-hour chart. If you get two consecutive bullish candles, you can start paying attention to long opportunities.
If the market is ranging and consolidating, use the 4-hour chart to find support levels. Only consider entering when price is close to support.
7. Don’t step into these traps—seriously!
Don’t go heavy on high leverage—get the direction wrong by one step and you’re done
Don’t touch altcoins you don’t understand. They’re easy to get “harvested”
No more than 3 trades per day—more than that and you’ll likely lose control due to emotions
Never borrow money to trade crypto! #币圈暴富 #小白必看
In the first few years after I entered the market, Yingge was just like most people: staying up late to watch the charts, chasing pumps and selling at the wrong time, getting liquidated, losing sleep, and feeling anxious—everything happened.
Later, Yingge changed. I did just one thing: treat trading as a job—clock in and out on time, and execute according to a plan.
The following are the lessons I lost money learning from my own live trading. Newcomers should save these:
1. Don’t trade until after 9 p.m.
During the day there’s more news and the volatility is messy—price action goes haywire.
These days I basically only trade after 9 p.m., when the news has mostly been digested. The candles are cleaner and the direction is clearer.
2. Take profit immediately—secure it when you win
Don’t be greedy. If you make 1,000 U, withdraw 300 U first. Then you can keep playing with the rest.
I’ve seen too many people say, “I made triple, so I want five times.” In the end, one pullback wipes everything back out—no capital left. $ERA
3. Look at indicators, don’t trade on instinct
Don’t enter based on “feelings”—that’s the fastest shortcut to getting liquidated.
Install TradingView on your phone, and before placing any trade, check these 3:
MACD: is there a golden cross or a death cross
RSI: is there overbought or oversold
Bollinger Bands: is there a squeeze or a breakout
At least two of the three should point to the same direction before you even consider entering. $ON
4. Move your stop loss up as the price rises
When you can monitor the market, raise your stop loss as it goes up. For example, if you buy at 1000 and the price rises to 1100, move the stop loss up to 1050.
If you can’t watch the market, make sure to set a strict hard stop loss of 3% to prevent a sudden crash from wiping you out in one go.
5. Withdraw according to a plan when you make money
The numbers in your account aren’t money. The real money is what you withdraw to your bank.
For every profit, withdraw 30%-50%—don’t leave it all in and fantasize about turning it into ten times.
6. Candle chart reading takes skill—don’t just randomly click
For short-term trading, use the 1-hour chart. If you get two consecutive bullish candles, you can start paying attention to long opportunities.
If the market is ranging and consolidating, use the 4-hour chart to find support levels. Only consider entering when price is close to support.
7. Don’t step into these traps—seriously!
Don’t go heavy on high leverage—get the direction wrong by one step and you’re done
Don’t touch altcoins you don’t understand. They’re easy to get “harvested”
No more than 3 trades per day—more than that and you’ll likely lose control due to emotions
Never borrow money to trade crypto! #币圈暴富 #小白必看