Last year, there was a fan who worked hard during the day and delivered food at night, spinning around like a top. Later, he entered the cryptocurrency market and initially chased after trends, losing and gaining. He would run when he made a profit and withstand losses. Eventually, he became quite demoralized.
Later, he met me and asked: 'Isn't it unsuitable for me to trade cryptocurrencies?'
I didn’t explain too many technical indicators, but gave him three pieces of advice—rhythm, rules, and position control.
Trade just 1-2 orders a day, and don’t act impulsively.
If you can’t understand the market, don’t force yourself into it.
Only trade with rhythms you can comprehend, don’t gamble on direction or follow news,
Wait for the right moment to act, and if unsure, stay out—this is a hundred times better than reckless trading.
Set a stop-loss line, and if you incur a loss, stop immediately.
Don’t think 'maybe it will come back if I hold on a bit longer,'
That’s your emotions controlling you, not trading.
Small losses are acceptable, but large losses can be fatal. We need to survive, not gamble with our lives.
Control your positions to 10%, increase your position when profitable, and withdraw immediately if there are anomalies.
Treat every trade as an experiment; only scale up if you make a profit, retreat if you incur a loss,
The safety of the account is much more important than making a profit on a single trade.
At first, he felt it was too slow,
But I told him: 'What you want is a stable side income, not a daily life-and-death struggle.'
In fact, he didn’t do much but executed carefully, controlled his emotions, and took it slow.
He possesses a particularly important quality: he’s not greedy, not rushed, and understands what he wants.
A set of correct methods + stable execution + a good team to set the pace.
This is far better than working hard alone!
Those who want to turn their fortunes around and understand will naturally find me.
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