Many people lose in trading not because their skills are lacking, but because they can't manage their positions and their mindset collapses too early.
When the market moves just a few candlesticks, they go all in, filled with confidence, only to have everything crash down, leaving them dazed and confused, starting to cut losses, add positions recklessly, and gamble.
If you really want to survive long in this game, don’t rush to make big money, first learn to control yourself.
📌 First rule, don’t let your positions run wild
If you lose 1%-2% on a trade, you should stop. No matter how good it looks, don’t throw everything in. The market isn’t your father; it won’t take care of your feelings.
📌 Second rule, don’t think you can turn things around with one trade
The idea of “recouping everything in one shot” is the root of losing money. If you want to turn it around today, you’ll crash tomorrow. Acknowledge your mistakes; don’t expect the market to be fair to you.
📌 Third rule, building positions in batches is a good remedy
Entering all at once feels great, but if it reverses, you panic. Enter slowly and leave some room to maneuver; it's basic survival skill.
In the end, trading isn’t about passionate operations; it’s a game of survival based on calmness, rules, and time.
If you can’t hold your positions and maintain your mindset, don’t talk about profits.
In the cryptocurrency circle, it’s basically a struggle between retail investors and big players. If you don’t have cutting-edge information or first-hand data, you can only be taken advantage of! If you want to strategize together and harvest from the big players, feel free to contact me!