First, let me share my achievements.
In fact, short-term trading is not difficult; the challenge lies in your mindset and approach. Some new traders enter the field and fantasize about being genius traders, believing that the market will move according to their thoughts. In reality, the movements of Bitcoin and altcoins are counterintuitive (I only trade Bitcoin and altcoins, not imitation coins). There is no highest, only higher. There is no lowest, only lower. This is why I only trade short-term contracts and do not hold spot positions; I don't have much time to wait. Even if Bitcoin rises to a million dollars each in the future, what does that have to do with me? I have already harvested dozens or hundreds of times that amount while it was rising to a million. This is the harvesting model of short-term contracts. When the market stops rising and needs to correct, we can open short positions, and when it has already hit the bottom, we can reverse and go long.
I have been in the industry for seven or eight years, and I lost money step by step. In the beginning, I couldn't even eat because of the losses. I would wake up in the middle of the night, looking at myself in the mirror with bloodshot eyes, fantasizing about succeeding the next day and becoming a genius trader. Then I rushed in without a trading system and got liquidated. It happened repeatedly. I once doubted whether I was suited for this industry. Every day I was in a cycle of doubt and self-affirmation, tormenting myself.
Perhaps if the heart does not die, the path does not arise. Later, I began to find my own trading model and discovered that my winning rate gradually increased. Once I could achieve stable profits in this industry, I started with small capital and slowly scaled up. I am also grateful that I wasn’t crushed by repeated failures; this industry is truly the fastest way for ordinary people to cross social classes. At least it is for me. It’s no different from picking up money. (I wrote all this just to show off this one line, that’s right.)
I have already passed the merchant qualifications on both OKEx and Binance. If I make a profit, I will sell there.
A word of advice for beginners: do not go against the trend. Every loss you incur is a result of your own market fantasies. Do not trade casually; each loss stems from a rush to profit without certainty. There are no real teachers in this market; every transaction you make is your best teacher. The core of trading is self-reliance.
Let me add something that might offend some so-called teachers who profit from this. A teacher who can make money would definitely not sell courses or charge fees. At least that’s how I feel; if I can make money, why would I sell courses for a fee? The fee is less than the commission I earn on a single trade. Moreover, it wastes my time.
And those who pull trading platforms for commissions, just be a person. It’s not an exaggeration to say that ninety-nine percent of those playing contracts are just fodder; can you really bear to harvest them? Making money should have a conscience.
Those who ask you to fill in invitation codes are not to be trusted. They are just here to profit off your commissions.
Feel free to ask me any questions, no charge. $BTC
