1. Position Management: Be a little timid, live a little longer
I used to be a reckless gambler until I faced a margin call, going back to square one overnight. That's when I realized that trading is not about risking it all, but about survival. Now my rules are very simple:
Limit each position to no more than 7%: losing won't hurt too much, and winning gives me the confidence to increase my stake.
Only increase my position when in profit: never average down when losing, don’t fight the market.
Limit each stop loss to 1%: cut losses at 1% immediately, refuse to fantasize.
Do I look timid? But my account tells me: slow is fast. I used to want to become rich overnight, now I prefer to take things slowly.
2. Stop Loss and Take Profit: The money you have earned is real money.
I used to ride the 'roller coaster', doubling my profits only to lose everything. Now I've learned to be wise; rules are more reliable than mindset.
Run when it breaks the moving average: Don't wait for a rebound; the market won’t be kind to you.
Take half of the profit first: Set a trailing stop for the rest; wake up if needed in the middle of the night; don’t be lazy.
Trading volume is an honest brother: Hold steady during volume breakout, be cautious during low volume fluctuations.
In the end, trading isn’t about how accurate your judgment is, but about minimizing losses when making mistakes and having the courage to hold on when right.
3. Entry signal: Only open fire when the three conditions align.
Now I place orders like a sniper; I never pull the trigger without confidence.
The daily line determines the direction: If the big trend is wrong, any opportunity is a pitfall.
Look at the rhythm in 4 hours: Find support and resistance; don’t chase up or down.
Wait for points in small time frames: Pin bar rebounds and low volume stabilization; details determine success or failure.
If the three are not aligned, it’s better to lie flat. The market always has opportunities, but the principal is only once.
4. Avoid Pitfall Habits: Simple actions can save your life.
Some small matters seem boring, yet they can create a gap.
Always use low leverage: High leverage is an accelerator, and also a meat grinder.
Review for 5 minutes before bed: Write down the mistakes made today; don’t step into the same pit twice.
Only remember the 'mistakes' and not the 'correct': Luck is on the side of the right, but mistakes teach lasting lessons.
Especially in contract trading, surviving is a thousand times more important than making quick money.
I’m not a god; I only learned to be 'timid' after being beaten by the market. But being timid doesn’t mean being afraid; it means respecting the rules: be slower, steadier, and tougher.
When you see the market rise and fall violently and feel itchy, remember this rough saying of mine:
"Missing out means you won’t make money at most, but stepping into a pit could wipe out your entire investment—timid people live longer.
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