Newbies who want to survive should pay attention to these 7 life-saving rules earned with real money!
1. Trade after 9 PM
The market during the day is erratic, with false news flying around, making it easy to get cut. After 9 PM, the market calms down, the candlestick charts are clean, and the direction is much clearer, resulting in a higher win rate for trades!
2. Withdraw profits first
Don't be greedy! If you earn 1000U, withdraw 300U to your bank account first, then play with the rest. I've seen too many people who don't cash out their earnings, only to have a single pullback take everything back—leaving them with nothing!
3. Look at indicators, don’t rely on feelings
Feelings can be deceptive, but indicators won't be! Install TradingView on your phone, and check before trading:
MACD (golden cross and death cross)
RSI (overbought and oversold)
Bollinger Bands (squeeze and breakout)
Only consider entering when at least two indicators align; don’t guess blindly!
4. Flexible stop-loss
Can you monitor the market? If you've made a profit, manually move your stop-loss up (for example, if it rises from 1000 to 1100, move your stop-loss to 1050).
Can't monitor the market? Set a hard stop-loss at 3% to prevent sudden crashes to zero!
5. Withdraw every week
Money that isn't withdrawn is just numbers! Every Friday without fail, I withdraw 30% of my profits to my bank account, and roll the rest. Over time, this will ensure steady growth of the account, rather than a roller coaster ride!
6. Watch the candlestick charts at the right time
Short-term: Look at the 1-hour chart; if there are two consecutive bullish candles, consider going long.
Consolidation: Switch to the 4-hour chart to find support levels, and enter near the support, don’t randomly catch the bottom!
7. Never fall into these traps!
Leverage ≤ 50 times (higher is suicide)
Don’t touch dogecoin or shitcoins (pure tools for harvesting retail investors)
No more than 3 trades a day (going long can lead to overtrading)
Absolutely do not borrow money to trade (going into debt while trading contracts is guaranteed death)
The last truth: Trading isn’t gambling! Treat it like a job, shut down at the end of the day, eat when it’s time, and sleep when it’s time. You’ll find—when your mindset stabilizes, you’ll actually make money.
