Establish rules to avoid emotional trading
Set profit and loss points in advance and strictly adhere to them. For example, a stop loss can be set at 5%-10%, while profit-taking can be flexibly set based on the volatility of the cryptocurrency (e.g., 15%-30%), avoiding greed and luck.
Avoid frequent trading; the cryptocurrency market trades continuously for 24 hours, and excessive monitoring can lead to being swayed by short-term fluctuations, resulting in impulsive actions. Analyze the market at a fixed time each day to reduce ineffective operations.
Do not chase highs or sell lows; after a surge, a pullback often follows, and during a crash, it is necessary to determine whether it is a trend reversal or a short-term emotional outburst, avoiding following the crowd.
This is the Ethereum position I entered earlier, earning 80,000 USDT from one trade.
Do you want to follow the strategy?
Come on
Daily focus: link, uni, sui, apt, aave
