$ETH I am 32 years old this year, entered the market with a capital of 50,000 18 years ago, experienced two rounds of bull and bear cycles, and currently my assets have reached a small level of financial freedom. After soaking in the cryptocurrency market for 6 years, 2200 days and nights, I have tried almost all trading modes including spot accumulation, leveraged arbitrage, high-frequency quantitative trading, and inter-period hedging, gaining a deep understanding of this magical field.

I firmly believe that the growth of a professional trader requires the tempering of three complete bull and bear cycles, just like the ancient method of forging swords requires nine folds of hammering. Watching the market for 12 hours a day requires 3 years to form basic market intuition, and 5 years to establish a stable profit system. I have seen too many myths of making hundreds of times in three months, and witnessed countless tragic liquidations in contracts; during the LUNA zero event, there were 7 players with eight-figure assets in my community who were forced to exit the market.

The essence of trading is a battlefield of realizing cognition. When we continue to incur losses, we must be wary of three deadly traps: using tactical diligence to cover strategic laziness, using random profits to numb system flaws, and using survivor bias to construct false cognition. Truly mature traders have established a triple defense mechanism—iron laws of position management, a firewall against emotional fluctuations, and a flywheel for cognitive iteration.

Before every trade, one must complete the five decision questions:

1. Does this trade fit within my circle of competence?

2. Does the risk-reward ratio reach the baseline of 3:1?

3. Is the stop-loss point aligned with a clear technical breakdown?

4. Is the current market beta coefficient within a safe threshold?

5. Is there a hedging plan for extreme black swan scenarios?

Knowing when to pull the trigger is important, but understanding when to put down the shotgun is even more crucial.

The market always rewards those who are willing to become rich slowly.

The ultimate cultivation of a trader is to forge oneself into an antifragile system. Experiment with bearable costs, draw nutrients from volatility, and seize opportunities in crises. Remember, every penny we earn is a projection of our cognition, and every penny we lose is a ticket for cognitive tuition. #山寨季何时到来？ #币圈暴富 #合约带单