From Gambler to Hunter: the Transformation Code of Top Traders
💡 Livermore learned from bankruptcy: trading is not about who is more hardworking, but who can “endure” better! “Frequent trading ≈ chronic self-destruction; patiently waiting ≈ a ticket to huge profits!” 🕶️ Gambler vs. hunter mindset: ❌ Gambler behavior: ▸ You must trade every day—if you don’t act, you start itching! ▸ Take profit at +3% and run; if it drops 10%, hold on to death! (Cotton warning: reversal leads to liquidation!) ✅ Hunter mode: ▸ Like a sniper lying in wait for 3 months—just to catch one signal! ▸ After pulling the trigger, let the bullet fly through the entire trend! (Wheat case: lying back and profiting!) 📉 Dissecting human nature’s weaknesses:
To be honest: Brothers in the crypto circle have the strongest tolerance I’ve ever seen. If they lose half, they won’t even say a word. If they lose 90%, they just curse a bit and it’s over. Brothers who get liquidated will never give up—go again on C2C. If it were people in other markets, they would’ve jumped off a building long ago in this situation.
Recently I’ve had some free time and have been thinking about learning trading techniques. Can anyone recommend a really good instructor, or sell me some good training courses? I’m willing to study and purchase.
【Challenge for Learning Coins 🎮 Episode 14 is Here!】 Last episode, you figured out margin trading: borrowing to amplify your position—profits are amplified, losses are amplified too, and you also have to pay interest. This episode takes you into an area that many people are most curious about—and also the easiest place to step into a trap—futures/contract trading.
In contract trading, what you buy is a kind of “bet”— Will the bet price go up or go down?
🎮 Episode 14: Time Travelers — Going Long or Short on Contracts ⏱️ Estimated time: 8 minutes 👇 Click to start the challenge: https://kahoot.it/challenge/05112905
💬 After you answer, tell us in the comments: Can you explain the logic of “making money by going short” in one sentence? Give it a try. Randomly select 3 comment authors—each gets 10U 🎁 (Deadline: 7/12 20:00 UTC+8)
If this BTC script really plays out according to this, a lot of people will get washed out in the final drop.
In July: the distribution phase.
In August: the downtrend begins, targeting 48K.
In September: the cycle bottom is around 45K, and accumulation starts again.
In October: the first wave of rebound after accumulation.
In November: 75K → 68K → 85K.
In December: the first 100K after the bear market begins.
The cruelest part is the historical data statistics:
The probability that BTC breaks below 50K this year is 70%.
These months basically determine life or death.
Don’t just listen to what everyone says about waiting for the lows—when it truly dumps to 45K, there’ll probably be another bunch of people cursing and cutting losses.