After years of honing my skills in the cryptocurrency space, I have summarized three core trading principles. Don't chase trends, avoid high leverage, and don't stay up late watching the market; relying on discipline and rhythm can also lead to steady growth of your principal. Remember, the market gives you the rhythm, just keep up, and don't always think about making a huge bet to change your fate.
First Principle: Protect your principal before discussing profits
I divide my funds into three parts: short-term positions are entered and exited quickly, trend positions are only entered when breaking through key levels, take half of the profits off the table first, and use the remaining profits to take risks; the core principal remains untouched, with a defensive position set up to cope with extreme volatility. As long as the main funds are safe, even if small positions make mistakes, there is still room for recovery.
Second Principle: Only trade trends, abandon fluctuations
Fluctuating markets consume mental energy and are hard to profit from, so I choose to completely abandon them. Only when the market volume breaks through previous highs and the weekly chart shows a clear bullish arrangement do I consider entering. If the conditions are not met, even if market sentiment is hot, I resolutely avoid it. Once the rhythm is grasped accurately, profits will naturally accumulate.
Third Principle: Control yourself to control your account
The most common cause of account shrinkage is not the market, but emotions. I set a stop loss for any single loss exceeding 3% and pull back to break even if floating profits exceed 10%. I stop trading at fixed times every day to force myself away from the screen. When feeling impulsive, I directly close the trading APP to avoid making hasty orders.
After a few months of reviewing trades, there were less than ten trades that contributed significant profits, while other frequent operations were restricted by rules, which instead protected the overall win rate.
There are no myths in the cryptocurrency space; slowly rolling from a few thousand U to six figures, relying not on news or luck, but solely on this set of "less mistakes" method. Master these three principles, and when the next wave of the market arrives, your account curve will become the reality you have written for yourself. $BTC $ETH
