The common problem of retail investors all over the world is that they hold on to their stocks when they lose money, and sell them immediately when they turn a profit. They do not look at the trend or the trading volume, but only look at the account profit. The profit is limited, so they need to do the opposite. They hold on to their stocks when they make a profit, and sell them when they lose a little. The final result is an infinite loss. My stop-profit and stop-loss + principle is to stop profit when the profit drops to 15%, and continue to hold if the profit continues to rise, so that the profit will run. If the stock falls after buying, the loss will exceed 5% of the principal, and then stop loss. If you can guarantee a 10% profit stop and a 5% stop loss each time, then do it 100 times, so even if your winning rate is only 50%, your profit will reach 300%. Is it difficult? What is difficult is human greed and fear. When knowing and doing, you must remember that the trend is king and follow the trend. Once a trend is formed, you don't need to analyze it much, you must follow it, follow the funds, don't guess, don't predict, don't assume. If you don't know how to judge the trend, you can look at the moving average. The so-called moving average is to divide the market into long and short positions. Long positions are upward and short positions are downward. For short-term trends, you can look at the daily moving average. If the volume breaks through, you can follow up. For medium and long-term trends, you can look at the weekly moving average. If the volume breaks through, you can enter, and if it breaks, you can exit. Going with the trend means not to go against the trend. If the market is not good, you must be short. If the trend of the currency is downward, don't easily buy the bottom. Don't fantasize that you can buy a currency that rises against the market, and don't fantasize that you will rebound after you buy it. The probability of this situation is too low. The core of currency speculation is to only do high-probability events and give up low-probability events. The courage to admit mistakes and the ability to control losses in time are the foundation of your survival in the market, and its importance is far greater than not being able to make a profit today. No matter what method you use, it is enough for you to master one. You must use this method precisely, absolutely, and thoroughly. When doing short-term trading, you must look at the 15-minute-30-minute-1-hour K-line chart. According to the KDJ indicator, you can find the entry and exit points of the day, and according to the OBV indicator, you can clearly judge the intention of the main force. The most fundamental difference between washing and shipping is the reduction and increase of volume. For coins that are strongly attacking, if there is a risk warning announcement, the short-term can be understood as "just a reduction in volume and shaking the warehouse +, at least there is a new high to be expected." #BTC☀
I'm not a genius trader: I've just kicked the 'losing habits' to the curb.
I've walked the wrong path. Chasing pumps, bottom fishing, over-leveraging, holding bags. I've paid the tuition that needed to be paid.
Later, I discovered: most people don't lose due to misreading the direction; they lose because they lack a process. Now, my trading only consists of one thing: following the SOP and repeating the right actions. No relying on gut feelings.
1) I only trade in 'understandable' markets.
If I don’t get it = I don’t trade. If it’s choppy = I don’t trade. If a pin bar sweeps up and down = I don’t trade. I’d rather miss out than hand my account over to luck.
2) I have two entry methods (you can copy them too).
A: Confirming a pullback after a breakout.
First, break through key levels (previous highs/upper range of a box/trendline).
Then, confirm the pullback holds.
Look for support (both low-volume pullbacks and high-volume rebounds count). That’s when I get in.
B: 'Second phase acceleration' in a trend.
After the first leg up, if there’s no deep drop.
Consolidation/ minor retracement.
Then, a strong increase in volume. I only take the second phase. The first phase is too expensive.
3) Position sizing: I never go all in (I've learned my lesson).
I now use three fixed stages:
Test position 20%: to confirm my read is correct.
Add position 30%: confirm the pullback before adding.
Reserve 50%: for black swan events/corrections/waiting for better setups. Many people lose big because they go all in on the first try.
4) Stop loss: If I can't write it down, I don’t enter.
For stop losses, I follow one principle: If it breaks the structure, I'm out. No emotions, no beliefs. (I’d rather get slapped in the face than let the market slowly drain my account.)
5) My go-to 'grassroots profession' review method (it really works).
Three questions every day:
Am I entering according to plan?
Am I stopping out/reducing my position as planned?
Did I change the rules because of emotions? As long as you can keep the third one in check, your account will visibly stabilize.
What’s the hardest part for you right now? 1 Chasing pumps | 2 Bottom fishing | 3 Not executing stop losses | 4 Not holding onto profits | 5 Frequent trading jitters.
Consider this article as a 'trading discipline checklist.' If you can stick to two points, you'll outperform most: light positions + write down your exit first. If you find this useful, give it a bookmark, so you can revisit it when you’re itching to place an order.
Disclaimer
The above is merely a personal trading process share and does not constitute any investment advice. The market carries risks, so make sure to judge independently and control your position sizes. #BTC☀
Go with the flow, always follow the trend; this is the trading bible. While following the trend, maintain good stop-loss measures. This way, you can control the trading profit rate well. No matter what, it is all about moving with the trend. That is the best; it's not easy to have just one direction, but you can control the winning rate of making money well among three trends.
Only able to short, there are market trends every day, the cryptocurrency market movements in recent days have been very interesting, with various surges and drops. Generally, the final large volume spike leads to a drop, but this kind of play is well handled by the river dealers. After a pullback, they start to accumulate, and even if it continues to drop, it can still cause some retail investors who went long to get liquidated. This market is not short of miracles; it can drop 20 times in a day, which is impressive. #BTC何时反弹?
It feels like the market has become irrational after so much money has been pumped in, with liquidation volumes exceeding 2 billion for two to three consecutive days. Today, over 400,000 people have been liquidated, and the surge in the RMB is causing a frenzy, followed by a crash, with some altcoins skyrocketing to an unwatchable extent. #BTC #eth #sol
Silver has risen to second place, really fast, still building momentum, and now young and old people are lining up to buy silver in some big cities. Silver and gold have both broken new highs, the demand for physical goods has surged, and it's quite good that the exchanges can list these as well. Have you all bought silver? #白银 $BTC
The biggest differences between professional traders and retail investors: A tripartite reflection of mindset, method, and risk management
Introduction In the financial markets, the differences between professional traders and retail investors are not only reflected in trading scale or information acquisition methods but are more deeply rooted in mindset, trading methods, and risk management systems. Understanding the distinctions among these three dimensions helps retail investors optimize strategies, improve win rates, and control risks. 1. Mindset and behavioral biases: Discipline vs Impulse The core of a professional trader is discipline: Have a clear trading plan and entry/exit criteria, adhere to the trading schedule and risk control rules; Minimize emotions (fear, greed, herd mentality) and avoid making impulsive decisions due to news hype or market fluctuations.
Golden Rules for Cryptocurrency Trading! Stop-loss, in the past few days, there have been many altcoins in the cryptocurrency market, and casually picking one can yield a lot of profit, such as today's naoris, as well as aia, river, etc. Some rise slowly while others rise quickly. Such volatile coins are not suitable for left-side predictive trading, but rather for right-side trend trading.
The most important thing in finding a good right-side trend trade is solid fundamentals; the foundation starts with stop-loss rather than take-profit. After hundreds of stop-losses, the reaction is the method you can master. Properly plan your stop-loss; without a stop-loss, you will definitely fail!!
The likelihood of this coin's decline is very high. Short at the resistance level, short, short, short!! If it breaks below this support level, it will trigger the upcoming big drop. You can place your trade at the favorable position. #BTC
I've been shorting for a while. Generally speaking, the popularity of a cryptocurrency is key. Especially when the market cap of smaller coins is low, they are prone to sudden spikes and can also experience extremely high funding rates for extended periods, just like the mysterious Xiao K always does. It's not difficult to predict the periodic surges seen in River, CLO, and many other altcoins. The real challenge lies in whether you can hold on and how you handle the funding rate. Initially, the price keeps rising for about a week, then starts to fall continuously. If the project releases some news or creates a buzz, another surge may follow. Usually, this cycle repeats no more than three times before coming to an end. At this point, it's time to consider selling. It's quite interesting—those who can hold for a long time tend to make substantial profits, while day traders are at a disadvantage, as the price can drop significantly within about a week, sometimes even by 3 to 4 times. From a medium-term perspective, holding for one to two weeks is feasible. You can take a position with 1% to 2% of your capital, gradually adding more up to three or four times. This strategy allows for stable returns even during a sudden sharp drop.
This is the largest liquidation volume I have seen since I started playing in 2023, I respect the market. #BTC I have truly seen these few needles for the first time, amazing.
Most of those discussing value investing are people who are trapped.
"Value investing" can only explain part of the trading market; there are still many things that cannot be explained by value investing, as well as speculators, investors, and traders, along with various big and small market makers and new and old chives. #BTC
"The Great Era 1" - "Stock Winning Methods" Greed leads to losing money, while blood transfusions do not lead to losing money. Everyone goes for blood transfusions, killing without a gust of wind. Go to the outlying islands when it rains, drink milk away from home. When seeing someone inherit, coming out of prison dislikes the smell of money. Happiness has no personality, becoming a monk has no salary. Invincible in attack, undefeated in battle.#BTC
Stay true to your original intention, and be unwavering. Hold on to your moral heart, and my heart is eternal. Persevere with determination, and you will achieve your goal. #BTC