In the first few years after entering the scene, I was like most people:
Staring at the market every day, staying up late, chasing highs and cutting losses, my account changed three times a day, losing sleep over it.
Later, I gritted my teeth and stuck to a **'foolish method'**, and surprisingly, I survived and even started to make stable profits.
This method is very simple:
"If there are no familiar signals, I won't act decisively."
Better to miss out than to act recklessly.
By adhering to this iron rule, my annual return can stabilize above 50%, and I no longer have to rely on luck to survive.
Here are 7 suggestions after my practical pitfalls, especially suitable for beginners to save👇
1️⃣ Operate only after 9 PM
During the day, the news is too mixed, with fake good news and fake bad news flying around, making the market unstable like a windstorm.
I usually wait until after 9 PM to make my move —
📉 A clearer direction, cleaner candlesticks, leads to more reliable judgments.
2️⃣ Take profits immediately when you earn
Don’t fantasize about doubling or multiplying tenfold; first, secure your profits!
For example, if I made 1000U today, I would immediately withdraw 300U to my bank card and continue rolling with the rest.
Many people lose because they 'want a little more', and as a result, a pullback wipes out all their profits.
3️⃣ Trade based on indicators, not feelings
Feeling is the least reliable basis for trading.
Before making a trade, I always check these 3 indicators (just using TradingView is enough):
MACD: Look for golden cross/death cross
RSI: Look for overbought/oversold
Bollinger Bands: Look for squeeze/breakout
📌 I only consider entering when at least 2 indicators give signals.
4️⃣ Stop-loss must be flexible
When you have time to stare at the market, use dynamic profit-taking:
👉 For example, if you buy at 1000 and it rises to 1100, move the stop-loss up to 1050 to lock in profits.
When going out or sleeping, always set a hard stop-loss (around 3%), don't wake up to find your account at zero.
5️⃣ Withdraw fixed amounts weekly
Non-withdrawable money = digital games on the platform.
I transfer 30% of my profits back to my bank card every Friday, making my account truly 'thicker'.
Long-term persistence leads to visible stability in both security and account balance.
6️⃣ Look at candlesticks with skill
For short-term trades, look at the 1-hour chart: if there are two consecutive bullish candles, consider going long.
In a fluctuating market, switch to the 4-hour chart: look for support levels, only consider entering when it drops near them.
Don't torture yourself by staring at minute charts; the more you zoom in, the more anxious you become.
7️⃣ Never fall into these traps!
⚠️ A single misstep could lead to liquidation:
Leverage should not exceed 10 times, with beginners at most 5 times
Avoid trading dog coins and meme coins; they rise quickly but are also easily cut.
Make at most 3 trades a day; more than that can lead to a breakdown in mindset.
Never borrow money to trade coins! This bottom line should be etched in your mind.
🧾 One last piece of advice for you:
Trading coins is not gambling, it's a job.
Treat it as a serious job you do every day at set times,
shut down at the end of the scheduled time and execute the plan,
you will find — it actually earns more steadily and with more peace of mind.
💬 Do you have similar real trading 'survival rules'? Feel free to share in the comments.
Follow me, and let’s make trading this 'job' last long. 📈