SOL bought last week$SOL , has risen 80% in 5 days, and the take profit point was set too accurately; how did you do that?
It's not boasting; I want you to see clearly: Making money in crypto is not based on gambling, but on a technical framework + ironclad rules.
I only focus on two types of markets:
For spot trading, I follow the 'Three Low Principles': Market cap ranked 50-100 (undervalued), a drop of over 40% in the last 30 days (low price), and a sudden increase of 15% in exchange holdings (buy signal). Last week, I selected SOL because I saw a 'volume doji' at $20, combined with the warming of Layer 2 concepts; this is a textbook bottom formation.
For contracts, I use a 'Two-Step Method': If there is a trend at the daily level (for example, a weekly MACD golden cross), I open a position at the middle track of the 4-hour Bollinger Bands, with a fixed leverage of 3 times, and set the stop-loss 2% below the lower track. Last Friday, when ETH broke through $1800, I advised my students to go long with 3 times leverage, set a stop-loss at $1750, and take profit at $1980 last night, resulting in a 23% gain in 48 hours — this is not luck, it's certain returns during a trend acceleration.
To survive in the market, you must adhere to three iron rules; breaking even one will lead to irreparable consequences:
Position size must be strictly regulated: no more than 20% for a single spot asset, and never touch 10% of your principal for contract margin. Previously, some people secretly increased their BTC position to 50%, and then the market fell; no need for me to elaborate, right? — Greed is the root of all losses.
Automatic take profit and stop loss: set them immediately after opening a position; even if your phone is off, it won't affect it. Last week, DOT dropped from $8 to $7.6, and the system automatically triggered the stop-loss; some people cried saying, 'I almost held the position,' which illustrates the importance of these iron rules.
Every day, I select 3 assets from the market, including entry price, stop-loss price, and target price; nothing else is allowed to be touched. Last month, a friend privately messaged me saying he lost $150,000 investing in altcoins; those who do not follow the rules can never expect to make big money.
Firstly, strong learning ability is required in the crypto world. The trading market is ever-changing; policy changes, industry dynamics, and international situations can all affect trends. Without the drive for continuous learning, don’t even mention making profits; keeping up with market rhythms is already difficult. For example, forex trading requires attention to the policies of various central banks, and stock trading requires studying industry financial reports; all of this requires continuously absorbing new knowledge and updating analytical frameworks.
Next is the respect for risks. Those who can truly survive in trading never treat it as a game of chance. They understand that every trade carries risk and will set stop-loss points in advance, never letting greed take control of risks. Those who always think about 'going for a big win' often end up suffering huge losses from a single mistake.
Furthermore, there is a strong sense of discipline. Trading plans are easy to formulate but difficult to execute. During market fluctuations, greed and fear can easily lead one away from the plan — unable to cut losses when they should, and being greedy and waiting for a higher point when they should be taking profits. Those suited for trading can strictly adhere to the rules like a machine; even if they find out they were wrong after execution, they will review and improve rather than casually break their principles.
Also, the ability to think independently. The market is never short of 'expert' opinions and rumors; without your own judgment, it's easy to be misled. For example, if a certain stock suddenly skyrockets, you need to think carefully before buying on impulse: Is this an opportunity brought by improved fundamentals or merely short-term speculation? What is your analytical logic? Only those who can independently analyze information and form opinions can avoid most traps.
Finally, there is the ability to withstand pressure. Even with thorough preparation, one may encounter consecutive losses. Whether one can maintain a stable mindset, not doubt oneself, and even learn from losses determines whether one can go far. Some people collapse mentally after one loss; they either increase their position out of spite or give up entirely, while those suited for trading treat losses as a necessary path and calmly adjust before starting again.
In fact, there are no born 'trading geniuses', but possessing these traits, combined with time and financial support, makes it easier to find your rhythm in the market. If you currently lack some traits, you can develop them slowly — just like learning to drive; it’s inevitable to feel clumsy at first, but with more practice, you will naturally be able to handle various road conditions.
Ask yourself, if you can really strictly follow the trading discipline, how much loss can you accept at most in a month? The market will filter out those who can truly execute discipline.
Remember: What the crypto world lacks is not opportunities, but the discipline to seize them. Look back in three months, today's decisions will change your life.
If you feel helpless and confused in trading right now, and want to learn more about the crypto world and get cutting-edge information, click on my profile and follow me, so you won't get lost! Understanding the market clearly gives you the confidence to act. Steady profits are much more realistic than fantasizing about getting rich quickly.