A few days ago, I was going through an old hard drive and found my 2019 trading statements—so many red closed-position entries, packed together. When I added it all up, I lost a total of 1.79 million. At my worst, I maxed out even my credit card, and the text messages about debt kept blowing up my phone every day.$SKHY
Back then, all I could think about was “buy the top when price is high, buy the bottom when price is low.” I felt like I could be smart about the market—just a half-step quicker than everyone else. But in the end, I kept running into the blades of contrarian moves. The more I tried to hold on, the less principal I had, and even my confidence to turn things around was being ground down.
Later, I finally calmed down and spent more than half a year retraining myself—fixing every bad habit from trading against the trend. Only then did I slowly claw back the money I’d lost, bit by bit. After all these years of stepping on traps, here’s the one heartfelt truth I learned: do spot trading honestly like it should be done; only trade mainstream coins with futures. When your direction is right, your win rate stands firm from the root.
Now when I place trades, I’ve never left these six steps. There’s no fancy tricks—just hard rules I paid for with losses:
1) Trade with the trend: Use one moving average to decide the big direction. On the long side, only look for buy opportunities when price is above the line. Never touch long positions when price is below the line. First, make sure you step onto the correct major trend.$ZEC
2) Paper/try position: When a trend is just starting up or when a pullback stabilizes, only use a small position to test. If the trade goes smoothly, then slowly increase the position size.
3) Stop loss: The moment key support or resistance levels break, get out immediately. Don’t hold on, don’t add to the position, and don’t force yourself through the “it will rebound soon” fantasy.
4) Add to position: Only add to positions that are already in profit. Never add to a losing trade—so you don’t end up digging yourself deeper.
5) Move stop loss: After the trade is floating in profit, step by step raise the stop loss to firmly lock in the profits you’ve already earned in your pocket.
6) Take profit: Don’t blindly guess where the top is. Either take profit gradually in batches, or wait until the trend clearly weakens and then exit completely.
Trading, in the end, comes down to eight words: small losses, big wins—if you’re wrong, own it and recognize it.
Knowing how to buy is only the entry point. The real skill is being able to sell at a reasonable position. Understanding how to stay in cash and wait for a market that belongs to you is the core of long-term stable profitability.#美国7月CPI与PPI数据本周出炉
#韩国KOSPI连涨三日
Back then, all I could think about was “buy the top when price is high, buy the bottom when price is low.” I felt like I could be smart about the market—just a half-step quicker than everyone else. But in the end, I kept running into the blades of contrarian moves. The more I tried to hold on, the less principal I had, and even my confidence to turn things around was being ground down.
Later, I finally calmed down and spent more than half a year retraining myself—fixing every bad habit from trading against the trend. Only then did I slowly claw back the money I’d lost, bit by bit. After all these years of stepping on traps, here’s the one heartfelt truth I learned: do spot trading honestly like it should be done; only trade mainstream coins with futures. When your direction is right, your win rate stands firm from the root.
Now when I place trades, I’ve never left these six steps. There’s no fancy tricks—just hard rules I paid for with losses:
1) Trade with the trend: Use one moving average to decide the big direction. On the long side, only look for buy opportunities when price is above the line. Never touch long positions when price is below the line. First, make sure you step onto the correct major trend.$ZEC
2) Paper/try position: When a trend is just starting up or when a pullback stabilizes, only use a small position to test. If the trade goes smoothly, then slowly increase the position size.
3) Stop loss: The moment key support or resistance levels break, get out immediately. Don’t hold on, don’t add to the position, and don’t force yourself through the “it will rebound soon” fantasy.
4) Add to position: Only add to positions that are already in profit. Never add to a losing trade—so you don’t end up digging yourself deeper.
5) Move stop loss: After the trade is floating in profit, step by step raise the stop loss to firmly lock in the profits you’ve already earned in your pocket.
6) Take profit: Don’t blindly guess where the top is. Either take profit gradually in batches, or wait until the trend clearly weakens and then exit completely.
Trading, in the end, comes down to eight words: small losses, big wins—if you’re wrong, own it and recognize it.
Knowing how to buy is only the entry point. The real skill is being able to sell at a reasonable position. Understanding how to stay in cash and wait for a market that belongs to you is the core of long-term stable profitability.#美国7月CPI与PPI数据本周出炉
#韩国KOSPI连涨三日