1. Accurately find entry and exit points: This is the first step to profit; you need to learn to understand market signals, know when to enter and when to exit, and don't place orders in a confused manner.
2. Decisively set stop-loss lines: Set a 'brake' for your losses. When you reach the predetermined loss position, don't hesitate; quickly close your position. Otherwise, losses can spiral out of control, be careful not to lose everything.
3. Strictly manage your positions: Don't impulsively go all in; we are not gamblers. Control the amount for each trade; start with a small amount, and only consider increasing your investment once you have enough experience.
4. Stay calm and control your heartbeat: Your mindset must be stable while trading. Don't panic when you lose, don't retaliate with revenge orders, and don't get complacent when you win. Many newcomers, with a capital of 100,000, panic when they lose 30,000, trembling and unable to press the close button; this is not acceptable.
5. Do not complicate operations in the early stages: Don't start with complex operations like pyramid trading; don't touch cross-product hedging yet; first, solidify your foundation. Focus on a trading method that suits you, practice hard until you can reflexively act on trading signals.
Why do I like the crypto world?
Because you need to establish your own earning ability, you no longer need to rely on anyone, and you won't need to flatter or curry favor with anyone.
In the crypto world, every penny you earn is reasonable and legal, and can stand the test of sunlight.
You don't need to treat anyone to a meal, you don't need to deliberately flaunt wealth to attract anyone... but you need to have an empty cup mindset.
Continuously learn and improve yourself. You will find that the crypto world is a paradise for the disciplined; once you have obtained a mature trading system, you will no longer worry about losing.
You won't have to worry about your abilities being taken away, like a boss firing you; it will always be with you.
Only the knowledge and experience you have gained in the market.
It is in the daily market movements that can accompany you, that can give you freedom.
If you play well in the crypto world, you can live and work anywhere in the world.
From now on, I will no longer be at the mercy of anyone.
So, this is why I like the crypto world.
Trading in this world is like waves ebbing and flowing; there are reasons for every rise and fall. A true expert is not someone who can hit the rhythm every time, but someone who can remain calm amidst the fluctuations. The greater the storm, the more one needs to keep a calm heart.
The peak of trading in this world is not about standing on someone else's shoulders, but learning to carry your own original intention with wisdom. Draw the sword without regret, and retract the blade without complaint. Though the world is cold, the heart of a hero remains warm.