At my worst, I lost 8 million, but in the end, I turned things around with this set of principles.
This is not a motivational speech, it's a survival record.
1. Admit that you are an ordinary person
I once thought I could predict the market, only to find that the only thing I can predict is 'I cannot predict'.
Now my strategy is:
Give up the fantasy of 'buying the dip and selling the top', just eat the fish body
Always use stop-loss on every trade (admit the possibility of being wrong)
Set profit target to 'monthly return of 5%' (compounding for a year can reach 80%)
2. Emotional records are more important than technical analysis
After I started writing a trading diary, my win rate increased by 50%. Key points to record:
Am I impulsive when opening a position? (e.g., due to missing out, anger)
Are you executing according to plan?
After a loss, do you want to 'immediately recover your capital'?
Case study: Every time I trade out of 'boredom', my win rate is only 20%; when I trade based on system signals, my win rate exceeds 60%.
3. Treat the market as an ATM, not a casino
The core of mindset transformation: do not seek excitement, only stability.
Do not flaunt after making a profit (avoid self-inflation)
Do not blame the market after a loss (focus on problem-solving)
Review for 1 hour every day (more important than trading for 4 hours)
Follow me@币圈罗盘 , next time I will show you the underlying logic of contract strategy, helping you avoid detours and earn real money! #比特币流动性 $BTC $ETH
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