Insights from 10 Years in the Crypto Trading World
I have seen the most arrogant and crazy lives,
And I have also witnessed the most tragic and desolate lives.
Traders often fluctuate between peaks and hell.
01. A fool, who doesn't look at trends, buys at the open and sells at the close, has a 50% chance of making money. A smart person, who carefully selects varieties, knows all the techniques, sets proper stop-loss, and often gets stopped out, may only have a win rate of 20%.
Stop-loss is terrifying; fluctuations are often chaotic, leading to ineffective stop-losses. Always provide enough room for fluctuations.
02. Politics, poetry, and vows are all lies, but numbers do not lie.
03. Both bulls and bears can make a fortune in the Wall Street securities market; only the greedy are exceptions.
04. In the game of investing, to put it bluntly, the key to making money in the long run is that when others have no bullets left, you still have plenty of bullets to pick up bargains with abandon.
05. Trading is a lonely game of individual heroism.
06. Ordinary life is also a lifetime, and extraordinary life is also a lifetime.
07. I always feel that investment books are certainly not written down, but are built up with money in the financial market.
08. I have spent the best time of my life exploring the Sphinx's riddle of whether there is a way to succeed in financial investment.
09. Swift as the wind, gentle as the forest, fierce as fire, immovable as a mountain.
10. Trading should seek not to be defeated, but rather to seek victory.