Here are 7 life-saving suggestions for beginners based on real trading losses, each word hits home! Suggested to like and save👇
1. Choose the operation time after 9 PM
During the day, news is mixed and the market is chaotic, making it easy to be lured into long/short positions. Evening news is stable, and K-line patterns are more authentic, allowing for better directional judgment.
2. Withdraw 30% of profits first
If you earn 1000U, immediately withdraw 300U to your bank account, leaving 700U for trading. Don’t be greedy and wait for it to double; profits can “fly away” during pullbacks.
3. Validate signals with 3 indicators
Use TradingView to check:
▪️MACD golden cross/dead cross
▪️RSI overbought (>70)/oversold (<30)
▪️Bollinger Bands breaking upper/lower bands
Enter the market only when at least 2 indicators agree, refuse to place orders based on feelings.
4. Flexible stop loss: Monitor manually, set a hard stop loss at 3%**
When in profit, manually adjust the stop loss upwards (e.g., cost 1000, rises to 1100, move stop loss to 1050); when going out, directly set a 3% stop loss (1000 principal, stop loss at 970) to prevent catastrophic losses.
5. Withdraw 30% of profits every Friday
Book numbers ≠ real money! Forcibly withdraw 30% of profits to your bank account every week, continue trading with the remaining amount, making your account funds more “solid”.
6. K-line techniques
▪️Short-term (1-hour chart): If there are 2 consecutive bullish candles, you can try going long; bearish candles try going short.
▪️In a volatile market (4-hour chart): Find support levels (entry when it drops to the level), do not chase rising or falling prices.
7. Memorize these 4 red lines
❌ Leverage ≤ 50 times (beginners recommended ≤ 10 times)
❌ Stay away from altcoins (like Dogecoin, Shitcoin)
❌ Limit daily operations ≤ 3 trades (to avoid overtrading)
❌ Never borrow money to trade cryptocurrencies
Suggestion: Treat trading like a “9 to 5 job,” trade at set times, shut down at set times, don’t be greedy and don’t linger, which leads to more stability. Beginners should focus on survival first before talking about making money!
