Six years ago, he only had a $1500 principal, and now his account has accumulated over 9 million in assets. The most impressive part is that over these six years, he has never touched high leverage, never chased insider information, and never gambled on the volatile moonshots of sketchy coins. He has consistently taken a steady approach and outperformed the vast majority of traders. $BNB
When I asked him for his profit secrets, he simply said, 'Only profit from the trends I understand; the profits I don't understand, I leave for others.'
After a long night of discussion, I summarized his core trading principles that he has adhered to for many years. They may seem clumsy, but they are incredibly practical.
First, differentiate between a pullback and a true top. A slow decline after a rapid increase is mostly just the big players washing the market, so there's no need to panic; the real risk is a sudden crash followed by a continued inability to rebound. Once you hesitate in such a market, you can easily get deeply trapped.
Second, understand the true volume when exiting. High volume at a peak doesn't necessarily mean the market is ending, but if there’s sustained low volume and capital exhaustion at a high point, it indicates that no one is picking up the slack and the big players are quietly retreating. That's a solid exit signal.
Third, refuse to trade based on single candlestick emotions. True bull markets don’t come from a single-day surge but from a continuous accumulation of funds over days or weeks. Avoid being impulsively swayed by a single candlestick.
One thing he said really struck me: Most people in the crypto space lose not because they can't understand the market, but because they are too anxious. Always thinking about capturing the quickest profits, they end up frequently missing out and getting trapped repeatedly.
When I asked him for his profit secrets, he simply said, 'Only profit from the trends I understand; the profits I don't understand, I leave for others.'
After a long night of discussion, I summarized his core trading principles that he has adhered to for many years. They may seem clumsy, but they are incredibly practical.
First, differentiate between a pullback and a true top. A slow decline after a rapid increase is mostly just the big players washing the market, so there's no need to panic; the real risk is a sudden crash followed by a continued inability to rebound. Once you hesitate in such a market, you can easily get deeply trapped.
Second, understand the true volume when exiting. High volume at a peak doesn't necessarily mean the market is ending, but if there’s sustained low volume and capital exhaustion at a high point, it indicates that no one is picking up the slack and the big players are quietly retreating. That's a solid exit signal.
Third, refuse to trade based on single candlestick emotions. True bull markets don’t come from a single-day surge but from a continuous accumulation of funds over days or weeks. Avoid being impulsively swayed by a single candlestick.
One thing he said really struck me: Most people in the crypto space lose not because they can't understand the market, but because they are too anxious. Always thinking about capturing the quickest profits, they end up frequently missing out and getting trapped repeatedly.