I was born in 1987, turning 300,000 in capital into 42 million.
I can talk about how to conduct systematic reviews in the crypto space, how much time daily reviews take, how to select coins, etc. Today, I will clarify everything for you all at once.
Professional players spend two hours daily, first spending half an hour recording data, then clearing their minds to forget all subjective anchors during trading.
Through reviewing, correct your subjectivity and reassess the day's trends with an open conclusion.
This requires forgetting subjectivity, forgetting positions, forgetting profit and loss, and then re-examining the market late at night.
This process is essential.
Because after the review ends at night, I often deny some of my views during the day.
I. Multi-Timeframe Review System (layered by frequency)
1. Real-time Review During Trading (every hour)
Market Pulse Monitoring
Volatility Scan: Record BTC/ETH 1-hour ATR changes >5% during abnormal periods
Multi-Exchange Price Difference: Monitor the price spread of Binance/OKX/Bybit main contracts for significant expansions (>0.3% warning)
Liquidation Heatmap: Focus on CoinGlass for liquidation prices concentrated at >$5 million per hour
Position Emergency Check
Leverage Health: Calculate the volatility needed for the current price to retreat to the liquidation price
Hedging Efficiency: Check the change in arbitrage space between perpetual contract funding rates and spot
2. End-of-Day Deep Review (1-2 hours daily)
Key Decision Audit
Open and Close Trigger: Compare planned technical levels (e.g., EMA50) with actual execution deviations
Slippage Cost Statistics: Record the actual transaction price and expected price difference for large orders (>10 BTC)
Emotional Thermometer
Extreme Long/Short Ratio: Mark when Deribit positions PCR <0.7 or >1.3
Greed and Fear Index: Match candlestick patterns when it breaks 75 or falls below 25
3. Weekly Strategic Review (3-4 hours per week)
III. Cognitive Upgrade Closed Loop System
Simulation Exercise Checklist
Black Swan Simulation: How to respond if Binance suddenly halts withdrawals?
Liquidity Crisis Test: When USDC unpegs, is the hedging plan effective?
IV. Practical Case Demonstration (Review of the Silicon Valley Bank incident in March 2023)
Data Capture
On-chain: USDC net outflow of $4.2 billion in one day (Arkham data)
Price Difference: USDC/USDT OTC trading discount reaches -8%
Decision Backtracking
Correct: Buy arbitrage when DAI appears at a 0.98 discount
Mistake: Failure to set a limit order for stablecoin exchange in advance led to slippage loss
Strategy Optimization
New Rule: When stablecoin OTC discount >3%, automatically trigger multi-exchange arbitrage script
Establish 'Bank Risk Exposure' Monitoring Table: Track Circle's treasury holdings proportion
V. Self-Discipline Management Tips
Energy Allocation Principle
Intra-day Review ≤ 20% of Total Daily Trading Time (to avoid analysis paralysis)
Set Physical Block: Use a kitchen timer to strictly limit review duration
Data Desensitization Training
Weekly selection of 1 day to review hidden profit and loss column to avoid result-oriented bias
Cross-Market Verification
Monthly comparison of gold/U.S. stock volatility and BTC correlation changes
Top Traders’ Review Tenet: It's not about finding more trading opportunities, but eliminating a source of loss. When your error log has no new entries for three consecutive weeks, that’s the real advancement moment.
I am Xiaoxun, sharing valuable content for retail investors in the cryptocurrency space! With a soul of principles and skills in crypto, everything above is my hard-earned experience after more than a decade in the market. It may seem simple, but achieving the unity of knowledge and action is not easy. I hope to help many crypto friends avoid detours! Let’s get rich together! $ETH $SOL
