After doing contracts for so many years, Old Chen has increasingly realized one thing:
What really makes people lose money is often not that they got the direction wrong, but that they’re just too good at “fussing around.”
When he first started, Old Chen had this problem too.
He would chase after any breakout, thinking it still had to go up. Then when a pullback happened, he’d panic and cut quickly. Even when he clearly got the single-direction view right, the account still wouldn’t end up profitable.
Later, when he looked back and analyzed it, he realized the real issue wasn’t the market at all.
First, entry is too rushed.
Seeing a big bullish candle, he would fear missing out and rush in immediately. The market then did a normal pullback. He couldn’t hold the position size—he was stopped out, and then the price rallied again. In many cases, it’s not that your judgment is wrong; it’s that you entered too poorly.
Second, stop-losses can’t be based only on one fixed percentage.
3%, 5% aren’t a universal answer. What you truly need to look at is whether the market structure has been broken. Normal consolidation and trend reversals are completely different things.
Third—this is also the point Old Chen values most now—position sizing.
Even with the right direction, you can’t be correct every time. If your position is too heavy, a single unexpected fluctuation can cause you to give back all the profits from before.
So when Old Chen places trades now, the first reaction is not “how much can this trade make,” but first to think:
If I’m wrong, can I hold it?
Keep the position lighter, enter more steadily. If the structure breaks, leave. If you don’t understand, just wait.
In the end, what really matters in trading isn’t who predicts the most accurately—it’s who still has the ability to stay in the market after making a mistake.
The market is there every day, but the capital is only this one piece.
First, protect yourself. The rest is left to the market.@老陈带单
#币圈暴富 #新手必看 $BTC $ETH
What really makes people lose money is often not that they got the direction wrong, but that they’re just too good at “fussing around.”
When he first started, Old Chen had this problem too.
He would chase after any breakout, thinking it still had to go up. Then when a pullback happened, he’d panic and cut quickly. Even when he clearly got the single-direction view right, the account still wouldn’t end up profitable.
Later, when he looked back and analyzed it, he realized the real issue wasn’t the market at all.
First, entry is too rushed.
Seeing a big bullish candle, he would fear missing out and rush in immediately. The market then did a normal pullback. He couldn’t hold the position size—he was stopped out, and then the price rallied again. In many cases, it’s not that your judgment is wrong; it’s that you entered too poorly.
Second, stop-losses can’t be based only on one fixed percentage.
3%, 5% aren’t a universal answer. What you truly need to look at is whether the market structure has been broken. Normal consolidation and trend reversals are completely different things.
Third—this is also the point Old Chen values most now—position sizing.
Even with the right direction, you can’t be correct every time. If your position is too heavy, a single unexpected fluctuation can cause you to give back all the profits from before.
So when Old Chen places trades now, the first reaction is not “how much can this trade make,” but first to think:
If I’m wrong, can I hold it?
Keep the position lighter, enter more steadily. If the structure breaks, leave. If you don’t understand, just wait.
In the end, what really matters in trading isn’t who predicts the most accurately—it’s who still has the ability to stay in the market after making a mistake.
The market is there every day, but the capital is only this one piece.
First, protect yourself. The rest is left to the market.@老陈带单
#币圈暴富 #新手必看 $BTC $ETH