After struggling in the cryptocurrency world for eight years, I know best: the ones who truly make a fortune quietly are not those with great technical skills, but those who adhere to a set of 'anti-human' survival rules. I have faced liquidation three times resulting in my account being wiped out, and now that I can achieve stable profits, I finally understand — huge profits do not come from complex indicators but from simple rules + ironclad execution.
This set of 'the dumber you are, the greater the profits' mindset was forged through my blood and tears:
First, strictly adhere to a 5% position rule. No matter how optimistic I feel about the market, I will never open a position exceeding 5% of my total capital. In the early days, I greedily opened positions of 8%, resulting in losses of nearly half; later, by strictly following this rule, even if I was wrong ten times in a row, as long as I caught a trend once, the profits could cover all the trial and error costs. I never trade based on 'feelings' but rely on mathematical probabilities as my safety net.
Second, I only recognize two types of strategies. In the past, I learned countless indicators, which became more confusing the more I looked at them, until I eventually only engaged in two types of trades: in a downtrend, if the rebound is weak and the volume shrinks, I short in batches; in an uptrend, if it tests key support and rebounds with increased volume, I go long in batches. I do not attempt to catch the bottom on the left side or guess tops and bottoms; I only take the body of the fish and abandon the head and tail. From the vast river of opportunities, I only take one ladle; the simpler, the less likely to make mistakes.
Third, stop-loss and take-profit decisions should not be hesitated over. Cut the position immediately at a 5% loss; once I hesitated for half an hour, resulting in my mentality collapsing due to being trapped; when I earn 15%-20%, I first take half off the table and leave the rest with a moving stop-loss to protect my capital. As long as the capital is there, there will always be opportunities; if the profits are gone, the mentality collapses first, and the subsequent mistakes will only become more outrageous.
Fourth, reviewing past trades is a hundred times more important than forecasting. I never calculate whether tomorrow will rise or fall; instead, every night I review my trading journal and ask myself: Why did I open this trade? Is my stop-loss reasonable? Is my risk-to-reward ratio sufficient at 1:2? Did I execute according to plan? Through these few questions, I gradually corrected my habit of placing random trades, and my growth speed far exceeded before.
This method, which lacks technical complexity, allowed me to start with 10,000 U and roll it to 200,000 U in two months. The essence of making money is to repeatedly do the right things while rejecting the vast majority of temptations. The cryptocurrency world is not short of opportunities; what is lacking is the discipline to survive. Are you willing to set aside your self-proclaimed 'smartness' and execute like a fool? If you can do this, you will eventually succeed.
On the road of cryptocurrency, many souls are lost; I only wish to help those willing to save themselves @bit多多 我一直都在
