Why do trades fail the harder you try?

Most people indeed do not treat trading as a serious matter. There is no trading plan, no trading log, no review, no backtesting... these are all basic tasks.

Trading is actually a bit like cooking; the same simple ingredients can yield delicious results in the hands of a skilled chef. It's about timing and proportions, measuring the right degree.

The theories available in the market are limited: candlestick charts, patterns, volume, various indicators and lines, all revolve around the relationship between time/price/volume, just combined in different ways. Learning these things can take a few months, and anyone can master them.

The key is grasping this degree, or the weight. Basic work is really about iterating the weights to the correct process. When to look at what, when to use what, this cannot be clearly articulated with words.

In trading, it is better to believe in the heavy force of a brick than to think about using a feather to lift a thousand pounds. Do the basic work well and focus on the important tasks.

When certain patterns appear, I know that easy money is coming again because I have processed and saved thousands of these patterns on my computer, going through them repeatedly. I know what to pay attention to, where the traps are, and what will happen when I enter at certain points, just a few variations.

Especially in the cryptocurrency space, where trends are everywhere, reviewing the varieties before bed, setting up entries and exits, and by the next day, short-term profits are already locked in.

One day someone asked, why is it that once I understand when to enter, I lose interest in analysis? Because I can still make short-term money without analyzing. If I don't care about short-term profits, I could just flip a coin to guess the price movement and bet that profit; how much better can analysis be than a 50% probability?

As a seasoned cryptocurrency investor, I freely share my experiences and insights. Interested in the crypto space but unsure where to start? Follow me to see my updates and I'll guide you to achieve freedom in this bull market.