Trading has a fear that’s worse than getting the direction wrong: not being able to control your impulses.
Many losses aren’t really caused by the market—they come from forcing trades when you should be flat.
Later, I set a few “no-trading-when-rules-are-broken” iron laws for myself. Not to make more money, but to make fewer mistakes.
Most高手 (experts) who can survive long-term are basically keeping themselves alive with these rules.
First: don’t enter a trade at key levels.
Only trade when there’s clear support or resistance from an established trend. If price is in the middle zone, no matter how tempting it looks, don’t touch it.
Second: if the trend isn’t confirmed, don’t open a position.
If you want to trade a reversal, you can—but you must wait for the market to show itself. Until there’s a breakout, everything is just guessing.
Third: if the system has no signal, don’t open a position.
In trading, the system is the only commander—not intuition, and not emotions.
Fourth: if you can’t clearly define your stop-loss, don’t open a trade.
If you hesitate even about the stop-loss level before placing the order, then the trade itself doesn’t hold.
Fifth: if the risk-reward isn’t worth it, don’t open a position.
If your stop-loss is larger than the potential profit, there’s no need to do it—even if your direction is right.
These five rules seem simple, but the truly difficult part is only one thing:
execution.
Markets offer opportunities every day; chances are never scarce.
Whether you can control the hand that wants to press the confirm button—that’s what determines how far you can go.
If you’re still confused, feel free to chat. I’m always here. If you want to improve, I’ll go forward with you.
$BTC #比特币两个月来首破7万美元
$ETH #BTC突破$72000
$BNB #ETH突破$2300
Many losses aren’t really caused by the market—they come from forcing trades when you should be flat.
Later, I set a few “no-trading-when-rules-are-broken” iron laws for myself. Not to make more money, but to make fewer mistakes.
Most高手 (experts) who can survive long-term are basically keeping themselves alive with these rules.
First: don’t enter a trade at key levels.
Only trade when there’s clear support or resistance from an established trend. If price is in the middle zone, no matter how tempting it looks, don’t touch it.
Second: if the trend isn’t confirmed, don’t open a position.
If you want to trade a reversal, you can—but you must wait for the market to show itself. Until there’s a breakout, everything is just guessing.
Third: if the system has no signal, don’t open a position.
In trading, the system is the only commander—not intuition, and not emotions.
Fourth: if you can’t clearly define your stop-loss, don’t open a trade.
If you hesitate even about the stop-loss level before placing the order, then the trade itself doesn’t hold.
Fifth: if the risk-reward isn’t worth it, don’t open a position.
If your stop-loss is larger than the potential profit, there’s no need to do it—even if your direction is right.
These five rules seem simple, but the truly difficult part is only one thing:
execution.
Markets offer opportunities every day; chances are never scarce.
Whether you can control the hand that wants to press the confirm button—that’s what determines how far you can go.
If you’re still confused, feel free to chat. I’m always here. If you want to improve, I’ll go forward with you.
$BTC #比特币两个月来首破7万美元
$ETH #BTC突破$72000
$BNB #ETH突破$2300
