$ETH I am 32 years old this year. I entered the market 18 years ago with a principal of 50,000 and have experienced two rounds of bull and bear cycles. My assets have now reached a level of small freedom. After soaking in the cryptocurrency market for 6 years, which amounts to over 2200 days and nights, I have tried almost all trading models, including spot accumulation, leveraged arbitrage, high-frequency quantification, and inter-period hedging. I have a profound understanding of this magical field.

I firmly believe that the growth of a professional trader requires the tempering of three complete bull and bear cycles, just like traditional methods of forging swords and knives require nine foldings and hammerings. Watching the market for 12 hours a day, it takes three years to form a basic market sense, and five years to establish a stable profit system. I have witnessed too many myths of a hundred-fold returns in three months, and have seen countless tragic events of contract liquidations. During the LUNA zeroing incident, seven players with eight-digit assets in my community were forced to exit.

The essence of trading is a battlefield of cognitive realization. When we continue to incur losses, we must be wary of three deadly traps: using tactical diligence to cover strategic laziness, using random profits to numb systemic defects, and constructing false cognition through survivor bias. Truly mature traders have established a triple defense mechanism—iron rules of position management, a firewall against emotional fluctuations, and a flywheel of cognitive iteration.

Before every trade, five decision questions must be answered:

1. Does this trade fit within my circle of competence?

2. Is the risk-reward ratio at the benchmark of 3:1?

3. Does the stop-loss point correspond to a clear technical breakdown?

4. Is the current market beta coefficient within a safe threshold?

5. Is there a hedging plan for extreme black swan scenarios?

Knowing when to pull the trigger is important, but understanding when to put down the shotgun is even more important.

The market always rewards those who are willing to become rich slowly.

The ultimate cultivation of a trader is to forge themselves into an anti-fragile system. Experiment with bearable costs, draw nutrients from volatility, and capture opportunities in crises. Remember, every penny we make is a projection of our cognition, and every penny we lose is a ticket for cognitive reimbursement. If you want to succeed in recouping your losses, want to feast, and want to double your account, tighten your position in advance!! #山寨季何时到来? #币圈暴富 #合约带单