In the first few years after entering the market, like many others, I would stay up at two or three in the morning watching the market. A 1% price fluctuation would send my heart rate to 120; chasing rises and cutting losses, I felt like I was being dragged along by the market.
As a result, the account curve resembles an electrocardiogram—soaring when earning, doubting life when losing, relying entirely on luck.
Until I ruthlessly changed to a set of 'dead rules', my trading rhythm was completely different. Now the yield is stable at over 50%, and I can sleep well every day. The core idea is just one: if you don’t see a signal you trust, never place an order!
Better to miss ten opportunities than to make one reckless move. With this set of strict rules, I've turned trading from gambling into a regular job. Today, I’ll reveal all 7 of these hard rules; avoiding pitfalls is profit.
1. Enter the market only after 9 PM, treat daytime market as noise.
Daytime market news is chaotic—various 'good news' and 'bad news' flood the scene, prices move erratically, rising and falling like an elevator, resulting in wasted effort.
I later found that after 9 PM, market sentiment stabilizes, large funds begin to position, and the K-line is much cleaner.
So I only trade from 9 PM to 11 PM, working during the day and spending time with family, which helps avoid 80% of false signals.
2. Lock in profits, don’t wait for them to double before cashing out.
The biggest pitfall for beginners is greed—wanting to double their gains, only to lose everything in a single pullback.
My current principle is: withdraw 30% of profits on the same day.
For example, if you earn 1000 USDT, immediately withdraw 300 USDT, keep the rest rolling. Only what you take is yours; just because the number goes up doesn't mean you're actually making money.
3. Only enter when indicators align, don't bet blindly based on feeling.
Before making a trade, I always check three things; at least two must align before I act:
• MACD golden cross for long, death cross for short.
• RSI <30 may rebound, >70 be cautious of pullbacks.
• Break below the Bollinger Bands' lower band is bullish, break above the upper band is bearish.
If the signals conflict, no matter how tempting they look, do not touch them.
4. Stop-loss must be strict, profits must be protected.
When you can watch the market, if it rises, move the stop-loss up to ensure you can retain some profits even during a pullback.
When you can't watch the market, uniformly set a 3% stop-loss to prevent sudden crashes.
Small losses are not scary; what’s scary is a single pullback that severely hurts the principal.
5. Must withdraw profits weekly, do not create illusions for yourself.
Account numbers can rise easily, but a single pullback will bring you back to reality.
I force myself to withdraw 30% of profits to my bank account every Friday, not only locking in gains but also seeing the true progress.
This trick has saved me several times; otherwise, I would have repeated the mistakes of being a 'paper millionaire.'
6. Market Analysis Based on Scenarios: Short-term 1 Hour, Sideways 4 Hours
For short-term trading, refer to the 1-hour chart; two consecutive strong bullish candles are a signal.
In a sideways market, refer to the 4-hour chart for support levels, enter the market near support for a tenfold increase in safety.
7. Three Iron Bottom Lines: Whoever touches them will die.
• Leverage ≤ 10 times, beginners within 5 times.
• Do not touch shit coins or air coins; they rise quickly and fall even faster.
• No more than 3 trades a day to prevent impulsive actions.
Now my rhythm in trading cryptocurrencies is very simple:
Start working at 9 PM, finish at 11 PM, no trading on weekends. The account grows steadily, and the mindset stabilizes.
The key to making money is not predicting the market, but controlling yourself. Surviving is more important than getting rich quickly.
Money in the crypto world is never 'gambled' for, but 'calculated' out. Follow @顶级交易员大东 , and tomorrow we'll continue discussing how to ensure every cent of your capital is on the right path.