Discipline in trading leads to rewards over time.
It took me three whole years to correctly write the four characters 'financial freedom'.
In the first year, I wrote 'liquidation'. When I first entered the market, my ambitions were high, with 20,000 yuan as my starting capital, but in less than three months, I was left with only a small amount. In the second year, I wrote 'breakeven'. I spent 12 hours a day monitoring the market, losing clumps of hair, yet my account balance resembled a leaky bucket that couldn't be filled. In the third year, I finally wrote the two characters 'freedom'. It's not about getting rich quickly, it's about freedom—my account grows steadily, my mindset is no longer anxious, and I can sleep soundly at night.
Today, I'm sharing seven 'local rules' that are lessons I've learned with real money. No mysticism, no insider information, only executable concrete methods.
① Money is divided into five parts; survive first before talking about making money.
I divide my capital into five equal parts, and only take one part to enter the market each time. Set a 10% stop-loss line for each trade, unwavering. Do the math: even if I make five consecutive mistakes, the total loss will only be 10% of the capital, leaving 90% of the bullets in the account.
Immediately take profits over 10% and harvest the principal part, leaving only the profits to continue running in the market. First, ensure you don't die, then think about how to live well. In the coin circle, surviving is more important than making quick money.
② The trend is your friend; don't argue with it.
Buying at the bottom in a downtrend is like catching a flying knife with bare hands. I'm not Superman; I can't catch it. The best entry point is during a pullback in an uptrend. Taking the elevator is much faster than climbing stairs.
My judgment criteria are very simple: if the daily line is above the 20-day moving average, only go long; if below, only go short; during sideways consolidation, turn off the software and rest. The simpler the rules, the more decisively they are executed.
③ A skyrocketing coin is a thorny rose; it looks beautiful but hurts to touch.
A coin that multiplies five times in three days? I basically don't touch it. Unless you can monitor it second by second, otherwise, it's just a game of luck. High-level consolidation is looking for a buyer; entering is like offering your head.
After so many years in the coin circle, I've realized one thing: missing out doesn't mean losing money; chasing blindly is deadly. The market always has opportunities; there's no need to get hung up on momentary spikes.
④ Indicators should be precise, not numerous; three are enough.
Use MACD to observe the big trend, RSI to check for overbought or oversold conditions, and VPVR to find support and resistance. This is my 'three-piece set' that I have used for three years, completely sufficient.
Eliminate those flashy indicators; the cleaner the screen, the clearer the mind. Many people lose money not because they lack tools, but because they are overwhelmed by too many options.
⑤ Don't add to losses; add to profits.
Adding to your position when prices are falling is like laying landmines, hoping for a market rebound to save you. Adding positions when prices are rising is the way to ride the waves and let profits run.
My principle is very simple: cut losses immediately on wrong trades, never add to losing positions. This is not called discipline; this is called self-rescue.
⑥ The relationship between volume and price is the most honest language.
Can't understand the story behind candlesticks? Then look at the volume. A sudden surge in volume after a period of low volume often signals the start of a market trend; a high volume at the top but stagnation is likely a sign of the main force unloading.
A bar chart made of cash does not lie; it is more honest than any analyst.
⑦ Review three lines of notes every day; progress is visible.
I insist on writing three lines of records after the market closes every day:
First line: Why buy?
Second line: Why sell?
Third line: How to improve next time?
Stick to it for 30 days, and your trading level will leap qualitatively. Reviewing is the accelerator of compound interest, which can let you pay fewer years of tuition.
There are no myths in the coin circle, only probabilities. Using discipline to stay ahead of emotions, time will reward you.
This is me—a real insight from an ordinary girl in the coin circle. I don't seek to get rich overnight; I only seek stable growth. What are your own trading disciplines? Let's exchange in the comments!
Follow Xiang Ge to learn more first-hand information and accurate points in the coin circle, becoming your guide in the crypto world. Learning is your greatest wealth!#巨鲸动向 #加密市场观察 $ETH
