Entering the crypto world over these years, every step taken has been a history of blood and tears. Today, I would like to share a few experiences, hoping they will be helpful to everyone and help avoid pitfalls!


Article 1: Risk Control
To trade successfully, the first thing we need to do is control account drawdown risk, manage funds well, and prevent liquidation. During the trading process, small mistakes can be made, but big mistakes must be avoided, and we must not get overly excited; once we do, it could lead to irreversible consequences.
Second: Go with the flow
To make trading simple, you must follow the market trend and try not to go against it by going long/short (unless you're gambling at a key position, but keep the stop loss small). When you find an opportunity to trade, be decisive in entering the market.
Article 3: Wait for opportunities
True experts are good at waiting for opportunities, waiting for the certain market conditions that belong to you. Don't engage in unclear or incomprehensible market conditions; you must ensure that it’s better to miss an opportunity than to make a mistake. Like a sniper, wait until your target is in sight for a headshot. Don’t waste bullets with a machine gun shooting aimlessly without hitting your target.
Article 4: Trading System
To achieve stable profits, one must first have a complete trading system. However, a trading system is ultimately just a set of rules; the most important aspect is execution. Therefore, the fourth point is crucial: strictly adhere to the trading discipline you have established. Only by aligning knowledge with action can one truly make money in this market.
Article 5: Emotional Management
No matter how excellent you are in trading or how much money you can make, you will always encounter various situations, different bumps along the way, various disruptions to your emotions, and losing trades. At this time, it is especially important to stabilize your emotions, not to get overwhelmed by market fluctuations, not to complain about the market, and not just focus on the good while ignoring the bad. You need to view the market and your own shortcomings fairly and objectively. A stable trader must continuously work on psychological resilience; you are your own support, and others will only influence the speed at which you react.
The trends in the crypto world are full of uncertainty and challenges, but there are also great opportunities. Since you have entered this market, do your best to strive to be the master of the market, and do not let external factors sway you. Stay true to your heart ❤️!
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