After ten years of trading, I have summarized a few fundamental yet effective survival rules—no frills, but more effective than any indicator.
First: If you feel impulsive, don’t place an order.
If the pattern I’m familiar with doesn’t appear, I’d rather not trade. Losers rely on the number of trades, winners rely on patience.
Second: Night trading is more genuine.
Daytime is full of noise, with significant interference from news; after 9 PM, the trends are cleaner and the signals clearer.
Third: Profits must be realized.
Making money on paper is not real profit; withdraw a portion to maintain the trader's sense of “reality.”
Fourth: Add a brake for impulses.
Before placing an order, check the following: MACD, RSI, Bollinger Bands. This simple three-step process can filter out most emotional trades.
Fifth: Stop-loss should move with profits.
Continuously raise the stop-loss while monitoring; set a fixed stop-loss before leaving the screen to avoid unexpected fluctuations at night.
Sixth: Withdraw every Friday.
The amount doesn’t matter; the key is to remind yourself that trading produces results, rather than just spinning in place.
Seventh: Broaden your perspective, don’t get stuck in small time frames.
For fast markets, look at 1-hour charts; for consolidations, look at 4-hour charts; direction is always more important than frequency.
The last three pitfalls:
Leverage restraint, with a maximum of three times for novices;
Be cautious with emotional coins;
Limit to three trades a day; the more excited you are, the easier it is to lose.
In one sentence: The steadier and calmer you are, the healthier your account will be.
$XNY $LUNA2 $CVC #比特币VS代币化黄金 #加密市场观察 #ETH走势分析


