After ten years of trading, I refer to the darkest two years as the 'crypto winter':
Leveraged liquidations, contract chain stop losses, and only airdrop candies left in my wallet. Debt, insomnia, and my phone filled with debt collection groups.
Later, I shut down for a year, reviewing all on-chain records and trading logs, and came to two conclusions—
1. Lost money that shouldn't have been lost
2. Missed out on money that should have been earned
Today, I have written it into 7 military rules, dedicated to you who are still staring at the charts late at night.
【One】 Lost money that shouldn't have been lost
1. The three brothers of liquidation: heavy positions, holding onto positions, going against the trend.
Position > 30% is gambling; floating loss > 5% and not cutting is holding on.
To judge if going against the trend: stop loss if the breakout returns below the breakout price by 1%; stop loss if the pullback breaks the previous low or shows a reverse trading volume bar. Focus on momentum, not price, going against the trend leads to self-destruction.
2. The three bad high-frequency habits: forcing, frequent trading, casual trading.
Forcing: rushing in before the K line is fully formed, fearing to miss out.
Frequent: switching from 15-minute charts to 5-minute, then 1-minute, with 15x leverage on a 15-second chart, emotions will surely collapse.
Casual: writing rules on sticky notes and trading based on feelings.
Countermeasure: write entry conditions as if-then pseudocode, set TradingView alerts, let the phone ring only once, remain offline otherwise.
【Two】 Missed out on money that should have been earned
1. Missed the opportunity when it came:
The trading system must have 'prior signals'. For example: I trade EMA12/26 golden cross, with the prerequisite that OBV breaks the previous high first. Write these two conditions into one Alert, with pop-up + sound + Telegram Bot, three guarantees.
2. Hesitated to enter when the opportunity came:
• If due to being 'scared of losses'—backtest the last 100 trades with the same signal, if the win rate < 50%, optimize until confidence is restored.
• If due to 'ambiguous signals'—break down entry conditions into A, B, and C points, all three must be true to open a position, never slap the thigh after the market moves away.
【Conclusion】
Trading is like opening a node, always consider the electricity cost (risk) first, then think about mining profits (returns). First, block the three brothers of liquidation, then quit the three bad high-frequency habits, then make the system an automatic alarm, and profits will grow as naturally as block heights.
Follow @小花生说币 , may we all clear our debts and recover our sleep before the next bull market.