$BEAT The only way to truly succeed in the market can be summed up in one phrase: steady and solid, survive long-term.
$PIPPIN I started trading at 24 years old, and over the past decade, my capital has been able to grow steadily, relying not on high-end techniques, but on a set of extremely disciplined trading principles.
First, control your position.
Each entry should only use a small portion of the total capital, set a stop loss in advance, and keep the loss per trade within a bearable range. As long as you are not taken away by one mistake, the opportunity will always be there.
Second, trade with the trend.
The rebounds in a downtrend and the pullbacks in an uptrend are the most cost-effective entry points. Trading against the trend is essentially going head-to-head with the market.
Third, stay away from coins with explosive emotional surges.
Coins that surge in the short term may seem exciting, but they carry extremely high risks, and are more akin to gambling than trading.
Fourth, use tools to assist in judgment.
Indicators like MACD and trading volume are not used for prediction, but rather to help you confirm whether a trend is valid. Volume expansion is often more important than price.
Fifth, only trade assets that are in an upward channel.
Regardless of short-term or medium to long-term, if the direction is wrong, no amount of technical skill will help.
Lastly, continue to review your trades.
Summarize and adjust your strategy weekly; the market changes, and you must evolve with it.
$SQD Investment is not about frequency, but about risk control and execution.
Fewer mistakes and steady progress will naturally lead to gradual accumulation of wealth.
