Have you been in the market for over half a year without achieving ideal returns? This trading insight might offer a new perspective. A seasoned trader with six years of live trading experience and over ten million in accumulated profits has summarized ten trading rules:
**Capital Management and Mindset**
When your principal is small (under 1000), it’s better to wait patiently rather than frequently going all-in. Capturing one main upward wave per year is already sufficient. Before the market starts, patience is often the most powerful weapon.
There’s an old saying—people can never earn more than their level of understanding. Before entering real trading, use demo accounts to thoroughly develop your mindset and courage. Demo trading allows unlimited trial and error, but a single fatal mistake in real trading could mean being forced out.
**Market Rhythm and Timing**
Good news turning into bad news—this is the market’s iron law. If a major positive event doesn’t push prices up but instead opens higher and then falls back, you must reduce your position promptly the next day; otherwise, you risk being trapped. Risks around holidays are always present, and historical data repeatedly confirms the importance of “reducing or even closing positions before holidays.”
Market rhythm determines the quality of rebounds. Slow declines can be frustrating to rebound from; but if the decline accelerates, rebounds tend to be quicker and more powerful. Timing this rhythm correctly is crucial.
**Trading Strategy**
The essence of medium- to long-term trading is maintaining sufficient cash reserves and implementing a rolling strategy of high sell and low buy. Trying to ride a wave to the bottom is a game for big players; retail traders should profit within the rhythm.
For short-term trading, focus on coins with active trading volume and large price swings (such as JOE, ETH, etc.). Inactive coins are time-consuming and drain your mental energy, which is not worthwhile.
**Risk Management and Technical Application**
If you buy wrong, accept it and cut losses immediately. As long as your principal is still in your hands, the next opportunity always exists—this is the fundamental rule for market survival.
When doing short-term trades, focus on 15-minute K-line charts combined with the KDJ indicator, which can effectively capture golden buy and sell points. Technical analysis methods are constantly changing; you don’t need to master them all, but you must practice one or two methods to perfection.
Each of these ten pieces of advice comes from real market lessons. Avoiding detours is itself a way to make money.
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unrekt.eth
· 01-07 09:46
Haven't made money in half a year... Let me guess, go all-in with a full position, haha
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WalletManager
· 01-07 09:35
Really speaking, I used 6,000 yuan last year and lost so much on frequent trading that I couldn't even cover the transaction fees... Now I hold JOE and ETH in full position, just waiting for that main upward wave, with the private keys multi-signed and stored securely. This time I think I understand.
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ZenMiner
· 01-07 09:24
It's the same story again, sounding good but when it comes to oneself, it's easy to get chaotic. The key is that most people can't hold onto that main upward wave at all, and impatient people die waiting.
View OriginalReply0
ReverseFOMOguy
· 01-07 09:23
Tens of millions in profits sound so effortless, but why does no one mention those who got liquidated?
Have you been in the market for over half a year without achieving ideal returns? This trading insight might offer a new perspective. A seasoned trader with six years of live trading experience and over ten million in accumulated profits has summarized ten trading rules:
**Capital Management and Mindset**
When your principal is small (under 1000), it’s better to wait patiently rather than frequently going all-in. Capturing one main upward wave per year is already sufficient. Before the market starts, patience is often the most powerful weapon.
There’s an old saying—people can never earn more than their level of understanding. Before entering real trading, use demo accounts to thoroughly develop your mindset and courage. Demo trading allows unlimited trial and error, but a single fatal mistake in real trading could mean being forced out.
**Market Rhythm and Timing**
Good news turning into bad news—this is the market’s iron law. If a major positive event doesn’t push prices up but instead opens higher and then falls back, you must reduce your position promptly the next day; otherwise, you risk being trapped. Risks around holidays are always present, and historical data repeatedly confirms the importance of “reducing or even closing positions before holidays.”
Market rhythm determines the quality of rebounds. Slow declines can be frustrating to rebound from; but if the decline accelerates, rebounds tend to be quicker and more powerful. Timing this rhythm correctly is crucial.
**Trading Strategy**
The essence of medium- to long-term trading is maintaining sufficient cash reserves and implementing a rolling strategy of high sell and low buy. Trying to ride a wave to the bottom is a game for big players; retail traders should profit within the rhythm.
For short-term trading, focus on coins with active trading volume and large price swings (such as JOE, ETH, etc.). Inactive coins are time-consuming and drain your mental energy, which is not worthwhile.
**Risk Management and Technical Application**
If you buy wrong, accept it and cut losses immediately. As long as your principal is still in your hands, the next opportunity always exists—this is the fundamental rule for market survival.
When doing short-term trades, focus on 15-minute K-line charts combined with the KDJ indicator, which can effectively capture golden buy and sell points. Technical analysis methods are constantly changing; you don’t need to master them all, but you must practice one or two methods to perfection.
Each of these ten pieces of advice comes from real market lessons. Avoiding detours is itself a way to make money.