To Lifelong Traders: The Ten Commandments

If you are determined to take the cryptocurrency market as a companion and trade for a living, the following iron rules are the foundation of survival forged in blood and tears, and must be deeply remembered:

1. Cautiously Choose Timing: Only consider reverse layout opportunities after a significant adjustment of the asset (continuous decline), not impulsively entering the market.

2. Know When to Stop: After a short-term surge (like consecutive days of upward movement), timely realize some profits to prevent the risk of trend exhaustion.

3. Hold Strong and Observe: After a significant single-day anomaly (like a rise exceeding 7%), one can temporarily hold for a day to capture potential momentum.

4. Follow the Trend and Avoid Risk: Before a strong asset's pullback stabilizes, never go against the trend; “avoiding danger” should come before “pursuing profit.”

5. Abandon Weakness to Preserve Effectiveness: Continuous narrow consolidation (like more than 3 days) requires vigilance against loss of momentum; if silence continues afterward, decisively switch assets.

6. Cut Losses to Protect Yourself: If entering the market leads to immediate losses and the next day shows no ability to return to cost, immediately stop loss to prevent further damage.

7. Control the Rhythm: The market does have short-term inertia (like the continuation of leading gains), but peaks are often hidden during accelerated climbs (like around the 5th day); beware of extremes turning back.

8. The Secrets of Volume and Price:

• Significant volume accompanying a low-level breakout: Focus on tracking.

• Abnormal volume accompanying high-level stagnation: Decisively exit.

9. Trends Are Key: Focus on assets with an upward trend, choosing timing based on cycles:

• Short-term: 3-day line confirms an upward trend.

• Medium-term: 30-day line guides direction.

• Main rise: 80/120-day lines resonate upwards.

10. Simplicity Is Key: Capital scale is not core; victory lies in method systems, mindset management, iron discipline, and enduring patience.

The Essence of Trading: Still as water, dynamic as thunder.

• If there is no shape that meets the rules, it is better to hold cash.

• Year after year of stable profits (win rate over 90%) relies solely on rigorous adherence to principles, not luck.

The Nature of the Market: Reward discipline and rationality, severely punish greed and luck. This mindset is the only way to navigate through bull and bear markets. A gentleman does not stand by a dangerous wall; a wise person follows the path.

If you want to make money, don’t be a lone warrior! Follow me, comment and tell me your thoughts, let’s seize the lucrative opportunities in the bull market together #加密圆桌讨论 #币安HODLer空投RESOLV