Discipline is a knife, patience is a shield, surviving is the ultimate victory.
Three months ago, a trader who had lost down to only 3600U reached out to me, he had almost lost all confidence. I shared my core strategy, and unexpectedly, 90 days later, his account soared to 30000U. There were no magical indicators behind this, nor insider information, just three ridiculously simple anti-human iron rules.
Today, I want to share the essence of this method, which is definitely the survival strategy I have summarized after years of struggling in the cryptocurrency world.
1 Three iron rules, lock emotions outside the door
This trader divided 3600U into three equal parts, each with a clear mission.
The first part is short-term capital, executing the 'Viper Discipline'. Trade a maximum of twice a day, lying in wait like a viper, and strike swiftly when the opportunity arises. Regardless of the outcome, strictly enforce stop-loss measures and never allow a single loss to spiral out of control. Many emotional traders often make the mistake of overtrading and impulsive trading, which is exactly what needs to be overcome.
The second part is trend capital, following the 'Dead Take Awareness'. Only participate in upward trends at the weekly level or above; when the market has no clear trend, directly 'play dead'. As successful traders say, patiently waiting for the perfect entry opportunity is crucial; mediocre entries will only yield mediocre results.
The third part is survival capital, as a last resort. This money should never be actively invested in trading; its only purpose is to prevent unexpected liquidation. The cryptocurrency market is highly volatile, and without this buffer capital, a single extreme market event could completely eliminate you. Staying alive is the premise of everything.
2 My core signal is simple to the point of being absurd.
The signal system I use is very simple, completely avoiding the analytical paralysis caused by complex indicators.
Opening signal: Before the daily moving average has formed a bullish arrangement, I consider this market nonexistent. This rule has helped me filter out over 70% of market noise, avoiding useless consumption in volatile markets.
Firing signal: I will only consider entering for the first time when the trading volume breaks through previous highs and the daily closing price stabilizes. The simultaneous rise in volume and price is a fundamental sign of a healthy market.
Harvest signal: When profits reach 30% of the principal, immediately take half of the profits to secure them. Set a trailing stop for the remaining half to allow profits to run moderately. This directly counters human greed; the impulse to 'want more' is the root cause of many traders turning profits into losses.
3 The 'life and death document' before trading is the true amulet.
Before each trade, I write down two rules in black and white:
Set the stop-loss at -5%; once it is reached, automatically close the position without mixing in any emotional factors. Set the breakeven point at +10%; once a 10% profit is achieved, immediately adjust the stop-loss to the cost price to ensure that this trade does not incur a loss.
This method seems simple, but it is an effective tool against emotional fluctuations. The 'reward circuit' in the brain easily leads us to make irrational decisions during fluctuations, while written rules are precisely the weapon to cut off such impulses.
4 Wealth in the cryptocurrency world belongs to those who live longer.
The cryptocurrency market operates 24 hours without breaks; this continuous volatility makes it easier to trigger trading addiction. Many investors fall into a vicious cycle of constantly checking prices and frequent trading, even exhibiting symptoms similar to gambling addiction.
Successful trading is not about seizing every opportunity, but about living long enough to capture a few real trends.
That trader who went from 3600U to 30000U in 90 days, rather than having found some holy grail, has made fewer mistakes than others. The market is never short of opportunities; what is lacking is the principal that remains in the market.
True veterans of the cryptocurrency world understand that wealth ultimately belongs to those who make the fewest mistakes and live the longest, rather than those who achieve the highest short-term profits. In this high-risk market, controlling emotions, staying calm, and having a calculating attitude are key to making money.
Remember, in this market, 'the dead' are the best traders—they have already 'died' from excessive excitement over price movements, 'died' from unrealistic greed, and 'died' from wishful thinking, ultimately becoming the survivors of the market.
What do you think of these trading principles? Feel free to share your thoughts. Follow Xiang Ge to learn more first-hand information and precise points about the cryptocurrency market, becoming your guide in the crypto world; learning is your greatest wealth!
