Last night someone asked in the group: The more you watch the market, the more money you lose, why?
I replied: You treat the candlestick chart like an electrocardiogram and your position like your life.
After being in the crypto world for a long time, you'll find:
Those who go all in, shut down when it drops, and get jittery when it rises a little;
Those who are out of the market, don't check for three days and miss out on big opportunities;
Only those with 'half position + stop loss' are smiling every day, their curve moving upwards.
This isn't mysticism, it's a game mentality:
Winning isn’t about showing off, losing isn’t about cursing;
Blowing up isn’t about passing the blame, profit isn’t about getting inflated;
Just focused on 'how to play the next round', not tangled up in 'how to recover from the last round'.
How to incorporate a game mentality into a trading system? Three steps to achieve it.
Step one, don’t go all in.
If you put your entire capital on the line, you turn from a player into a gambler, and all you have left is prayer, praying that it doesn't produce Alpha, but high blood pressure instead.
Step two, don’t stay out of the market.
Without any coins in hand, your sensitivity to the market instantly drops to zero, only realizing the bull market too late and relishing in the bear market, as your understanding and capital shrink together.
Step three, adjust your position to the 'slightly pressured' zone.
My method: Lying in bed at eleven at night, if I can still wake up instantly due to breaking news, then my position is just right.
Too tired? Money is too little, can't get excited.
Can't sleep? Money is too much, heart can’t handle it.
I keep 40%-60% for myself, I don't smash my computer when it drops 10%, and I don’t quit my job when it rises 20%. I check the market first thing in the morning but am not scared out of my wits by a 15-minute spike.
Someone asks: Is a game mentality about lying flat?
Wrong, it is the most aggressive offense.
It forces you to focus on 'how to win the next round', rather than 'how to recover from the last round'. The former develops strategy, the latter produces emotion; strategies can be replicated, but emotions can only explode.
Therefore, trading should be 'gamified':
Fixed positions to level up, stop losses as revival coins, and reviewing trades as strategy guides.
If you excel at these three things, you'll find:
The market is still the same market, the coins are still the same coins,
But you have evolved from 'being chopped up like cabbage' to 'gold farming studio'.
Finally, here’s a saying for you:
Don’t treat trading as life or death, treat it as ranking;
As your rank goes up, your capital is just a bonus trophy. @小花生说币