$ZEC In the years I first got into the coin market, with only tens of thousands in principal colliding with a big bull run, everything you bought kept going up. I made a few profits and started thinking I’d found the pattern.
$PHA Then one time, liquidation wiped my account to zero. I finally understood that the “ability” I thought I had when I was making money was really just an illusion created by the market.
$SEI Later, with less capital, the first thing I did was to quit going all-in.
Only trade the market conditions you can understand. If there’s no opportunity, stay in cash. When you reach your target, take some profits first—don’t get greedy for the last bit.
When there are major news events or long holidays, voluntarily reduce position size.
When good news is already “priced in” and momentum turns weak, I will never stubbornly hold to the bitter end.
If the price rises too fast and then weakens, be on guard. If it drops deeply and rebounds don’t have strength, don’t guess the bottom.
If you’re wrong, admit it. Stop-loss is about containing the mistake within that one trade.
Technical analysis can help you find opportunities, but what truly determines how long your account can last is whether you can pull your hands back when you feel like doing something reckless.
$PHA Then one time, liquidation wiped my account to zero. I finally understood that the “ability” I thought I had when I was making money was really just an illusion created by the market.
$SEI Later, with less capital, the first thing I did was to quit going all-in.
Only trade the market conditions you can understand. If there’s no opportunity, stay in cash. When you reach your target, take some profits first—don’t get greedy for the last bit.
When there are major news events or long holidays, voluntarily reduce position size.
When good news is already “priced in” and momentum turns weak, I will never stubbornly hold to the bitter end.
If the price rises too fast and then weakens, be on guard. If it drops deeply and rebounds don’t have strength, don’t guess the bottom.
If you’re wrong, admit it. Stop-loss is about containing the mistake within that one trade.
Technical analysis can help you find opportunities, but what truly determines how long your account can last is whether you can pull your hands back when you feel like doing something reckless.
