What you think is a contract expert:
Monitoring the market 24 hours a day, with various indicators drawn on the K-line chart
Relying on "market feel" to frequently open positions, treating trading like gambling
Continuously increasing positions when losing, ultimately blowing up the account and blaming the market
The true trading winner:
Only makes 1-2 high-quality trades per week, spending the rest of the time waiting
Only acts at key support and resistance levels, with a risk-reward ratio greater than 3:1
Setting stop-losses as naturally as breathing, allowing profits to run on winning trades
Last month, there was a painful lesson from a "indicator master":
Week 1: Used a combination of 5 indicators, making an 8% profit
Week 2: Indicators showed conflicting signals, starting to incur losses
Week 3: Continuously adjusted parameters, account shrank by 40%
Week 4: Mental breakdown, heavily leveraged and blew up the account
Trends are your friends, but don’t fall in love with the trend
Daily chart determines long or short, 4-hour chart finds structure, 15-minute chart for precise entry
If there isn’t a 3:1 risk-reward opportunity, it’s better to miss out than to trade
Stop-loss is the cost of trading, profit is the reward for patience
Each trade's stop-loss should not exceed 2% of the principal, stop trading immediately after a 5% daily loss
The market is always right; the only thing wrong can be your judgment
Immediately follow up on key breakout points, decisively stop-loss on false breakouts
Long and short are just tools; stubbornness will ultimately be eliminated by the market
How to capture trending markets?
Sharing a "Three-Stage Breakthrough" trading system:
1. Confirm the trend direction on the daily chart
2. Wait for the 4-hour chart to pull back to key levels
3. Enter when a breakout signal appears on the 15-minute chart
If you are still:
Trading more than 3 times a day, eroding your capital with fees
Using floating losses to "average down costs"
Pursuing a 100% win rate, yet incapable of managing losses
Then you are not trading; you are working for the brokerage!
Intraday observation: ETH BTC SOL DOGE