易琳Ten

Many people are trying to describe the major drawdown at the beginning of 2023,
attempting to fit today’s market conditions using historical price action.

But what I want to say is:

History can rhyme, but it doesn’t simply repeat.

I’m more inclined to believe that we are still in Stage D.
However, before the target area is fully reached, the market may not necessarily replicate that year’s deep drawdown.

So, you can reference history, but don’t let it constrain you.

Past price action can help us understand the market’s rhythm,
but it cannot become a script for predicting the future.

Price movements may look similar, but the rhythm may not be the same;
structure can be replicated, but the path won’t be exactly repeated.

What truly matters in trading isn’t finding a historical copy,
but continuously adjusting your judgment based on current price, structure, and changes in capital.

In her early years, an old lady had some spare money, so she bought a few pieces of gold in advance and hid them away.

Others thought she didn’t need to, and even mocked her: “Buying this so expensive now—there’ll be plenty of chances later.”

But she was thinking simply: money will keep growing, while truly scarce things won’t just increase out of thin air.

Many things look very expensive when you look at them from the present, but when you view them within the broader trend, they may only be the early stage of price discovery.

This principle also holds for Bitcoin.

The 21 million coin cap won’t change, while fiat money supply will always face long-term pressure to expand.

What really matters isn’t trying to guess the next candlestick, but understanding the long-term supply-and-demand logic.

What stings is this—if this trend continues, in the next bear market we may truly find it hard to see BTC again below $100,000.

So don’t always focus on buying at the lowest point.
Understand the trend—it's more important than trying to predict the price.

Follow, like, and share

Follow, like, and share🧧🧧🧧🧧🎁

Follow, like, and share

Follow, like, and share🧧🧧🧧🧧🎁

The courage to buy the dip, and the rationality to avoid the top.

How much you earn is decided by the market; how much you lose is determined by yourself.

To grow the principal, it’s never luck that you rely on—it’s discipline

If you don’t have much capital, really don’t keep chasing price action wildly or making random trades.

The crypto market has never been a place where you can survive long-term on luck alone.

The smaller the principal, the less you can afford to be impatient.
The more you want to turn things around, the more you need restraint.

Because the biggest advantage of small funds isn’t being bold enough to gamble—it’s that you can control risk and still have a chance to start over.

Remember these 3 rules:

① Allocate your funds—never go all-in

Divide your capital into three parts.

One portion for short-term trades: take profits and lock them in as they come, don’t get greedy at the very end;
One portion to wait for the trend: if the market hasn’t played out yet, be patient and wait;
The last portion as reserves: unless you truly need it, don’t move it lightly.

Always leave yourself a way out.

② Only make money from what you can understand

If there’s no opportunity, stay in cash.
If there’s no signal, wait.

Not every K-line is worth getting involved in,
and you don’t have to make money every day.

If you don’t understand the market, it’s better to miss it;
Only when you clearly understand the opportunity should you trade seriously.

Trading isn’t about who makes more moves—it’s about who makes fewer mistakes.

③ Take-profit and stop-loss must be followed

If you’re wrong, admit it.
If you’re in profit, reduce your position according to your plan.
If you’re at a loss, don’t mindlessly add to your position just to average down.

The truly dangerous part is never just one small loss.

It’s when you’re clearly wrong, but because you can’t accept it, you force a small loss into a big one.

Nobody can guarantee every trade will be profitable.

But you can do this:

Keep small losses controllable, hold onto profits, and never touch big losses.

Having a small principal isn’t the scary part.
The scariest thing is rushing to turn things around.

When you’re impatient, you chase pumps;
When you have a loss, you add more;
When you get a profit, you start getting greedy again;
In the end, your trading gets completely taken over by emotions.

The real growth path for a small principal has never been:

All-in → big surge → overnight riches.

It should be:

First, survive → control drawdowns → execute steadily → accumulate slowly → let compounding happen.

So don’t always think about how much you can make on the next trade.

First ask yourself clearly:

If this trade goes wrong, what’s the most I can lose?

When you trade all the way to the end, it’s not a contest of who’s most willing to gamble.
It’s about who can, through one round of volatility after another, protect your principal, protect your discipline, and protect your own pace.

Don’t be greedy, don’t panic, don’t gamble.

The first step to turning around with a small principal has never been making money—it’s learning how not to lose the opportunity to live and trade.

When you have something, you should cherish it well.
Psychologists such as Robert Emmons and others have found that actively focusing on things in life that you have to be grateful for can help boost positive emotions and overall happiness.
The most common mistake in life is to take what you have for granted.
If your parents are still alive, spend more time with them; if your partner is still there, cherish them well; if your body is healthy, don’t recklessly overdraw it.
Because everything you possess isn’t permanent, and every reunion has its limit.
True cherishing isn’t regretting it only after you’ve lost it; it’s knowing, while you still have it, that it’s worth valuing.
Cherish the people in front of you, cherish what’s happening right now, and cherish everything you have in this moment.

Life is like tea,
with both bitterness and sweetness in balance.

Life is like tea; it requires a calm heart and patient waiting.
When it sinks, accept it with composure—learn to build strength.
When it rises, stay unruffled—learn to let things settle.
Hold your temper steady, and only then can you become truly great.

What do you know is the most fascinating part of trading?
In business, with different ways of thinking, you need time to communicate and put in all your effort to persuade others.
In trading, is it different in how you think?
No arguing, no persuading, no explanations.
You have your judgment, and I have my logic.
You are bullish, and I am bearish.
The market is the arena, and price is the referee.
No need to persuade anyone, and no need to prove anything to anyone.
If the direction is right, take the profit that belongs to you.
If the direction is wrong, accept the market’s lesson.
Trading is a quiet contest.

Trade
Be content and always happy,
steady compounding returns,
slow and steady progress.

To fish, go to the places with more fish and cast your line;
for trading, go to the places where it’s easiest to make money.
For going long, choose the strongest;
for going short, choose the weakest.
Don’t hold your ground in a place with no fish, and don’t clash head-on with the market.
Follow the flow of capital, stand on the side where the trend is strongest—making money naturally becomes much easier.
Trading isn’t about who’s smarter,
but about who understands better—where there are fish, that’s where you cast your line. 🎣📈

Risk control isn’t about guessing every day whether the market will suddenly crash.
Real risk control is:
how big your position is,
where you set your stop-loss,
what your worst-case loss will be,
and what you do after you’re wrong and the trade goes against you.
As for whether the market will suddenly fall—that’s the market’s business.

Real growth in trading comes from slowly growing small capital

By practicing with small capital and gradually building it up,
what you’re really going through is a process of honing your mindset and understanding compounding.

Many people always want to get rich overnight,
thinking they can make A8, A9 directly from a single trade.
But from the underlying logic of trading, that directly goes against trading principles.

Why do so many people who suddenly get rich end up back at square one?
Because they received a large unexpected windfall,
but they didn’t build the kind of mindset, discipline, and understanding that matches that wealth.

The power of compounding never comes from extreme returns,
but from having long enough time for “pretty good” performance.

What truly matters isn’t how much you made in one year,
but whether you can go through wave after wave of volatility and still stay in the game.

A strategy that keeps you anxious every night and makes you change your plan frequently,
no matter how excellent it sounds in theory,
is hard to carry out consistently over the long run.

Trading isn’t about who can make the most money in one night,
but about who can last long enough—so that time turns “pretty good” returns into astonishing results.

It’s okay to go slower.
Stability is the real starting point of compounding.

Control your desires, manage your fears
You think you’re researching the market.
In fact, the market is researching you.
Research your greed,
research your fear,
research your luck of the draw,
research when you’ll lose control.

The Highest Realm of Trading: Ultimate Simplicity

You must rid yourself of all tedious, distracting clutter.

A trading career is radically different from ordinary life. Trading, at its core, is a minimalist way of living.

You should proactively eliminate unnecessary distractions from your life, keeping your private life simple and calm. Only then will you have enough energy to repeatedly make rational, composed decisions that are fully thought through.

In fact, trading and life influence each other:

If life is chaotic, your trading judgments are more likely to become distorted; if your trading routine is frantic and messy, it will also drag down your personal life.

So a truly mature trader should align their life rhythm with their trading rhythm.

Especially watch out for—decision fatigue.

What this industry fears most is not a lack of opportunities, but making too many meaningless decisions every day, and then—through exhaustion, anxiety, and impulsiveness—ending up with wrong judgments.

Trading doesn’t require you to make life complicated. Instead, you should remove everything that’s irrelevant.

Save energy for what truly matters:
waiting, judging, execution, and controlling risk.

Trading is never only a battle of IQ

Traditional IQ tests measure language, logic, and spatial reasoning—but they cannot determine whether a trader can stand at the top of the market.

Truly top-tier trading ability comes from three core qualities:
First, probability intuition.
It’s not about predicting the future, but quickly judging win rates amid uncertainty—knowing when to act and when to wait.
Second, emotional control.
When facing massive unrealized losses, consecutive stop-outs, and market panic, you can still stay calm and not be driven by greed or fear.
Third, pattern recognition.
From complex price fluctuations, capital flows, and market sentiment, capture patterns that others can’t see.

These abilities can’t be copied by a few books or a few indicators. It’s more like a “brain trading system” formed through long-term training—your prefrontal cortex handles rational decisions, the amygdala handles emotional reactions, and truly excellent traders can keep both in balance.

So in the end, what the market tests is not just knowledge and techniques, but a person’s cognitive structure, psychological resilience, and the ability to handle uncertainty.
Trading is a war between a person and their own brain. True experts win themselves first, then win the market.