《After getting liquidated twice, I finally started to truly learn how to trade》
In my early years in the crypto space, to put it bluntly, I was just paying tuition. When I was making profits, I felt like the chosen one; when I was losing, it felt like the market was targeting me. The craziest moment was when I over-leveraged on a position, and a single pullback wiped out all my profits from the past few months, plus I ended up in the red. That was the moment I woke up; the market doesn't reason with you, it only listens to discipline.
Later, I started setting rules for myself, no longer trading on gut feelings but instead relying on hard rules to survive.
First, my position size can never get out of control; no single trade should affect my lifestyle. Second, stop-losses must be executed; if I'm wrong, I admit it and move on. Third, I only take trades that align with the trend; making money against the trend is luck, but losing money against the trend is the norm. Fourth, I prioritize buying the dip; chasing highs only happens in very few confirmed setups. Fifth, I don't trade when I'm emotionally charged; excitement and fear can lead to mistakes. Sixth, I avoid uncoordinated price surges; a market with no buyers won't last long. Seventh, I'd rather miss out than chase the last leg of a move. Eighth, if I don't understand, I stay in cash; being in cash isn't failure, it's self-protection. Ninth, if I face consecutive losses, I must pause and adjust; I won't stubbornly hold onto a bad state. Tenth, the core of trading isn't making money; it's about surviving long-term. Supporting a family relies on stability, not explosive gains.
In the past, I always aimed to catch big moves, but now I'm more focused on being able to trade steadily. Because you'll find that what truly changes your life isn't a couple of spikes, but still being in the market years later. It's okay to go slow; what's important is not to exit the game.
$BTC
In my early years in the crypto space, to put it bluntly, I was just paying tuition. When I was making profits, I felt like the chosen one; when I was losing, it felt like the market was targeting me. The craziest moment was when I over-leveraged on a position, and a single pullback wiped out all my profits from the past few months, plus I ended up in the red. That was the moment I woke up; the market doesn't reason with you, it only listens to discipline.
Later, I started setting rules for myself, no longer trading on gut feelings but instead relying on hard rules to survive.
First, my position size can never get out of control; no single trade should affect my lifestyle. Second, stop-losses must be executed; if I'm wrong, I admit it and move on. Third, I only take trades that align with the trend; making money against the trend is luck, but losing money against the trend is the norm. Fourth, I prioritize buying the dip; chasing highs only happens in very few confirmed setups. Fifth, I don't trade when I'm emotionally charged; excitement and fear can lead to mistakes. Sixth, I avoid uncoordinated price surges; a market with no buyers won't last long. Seventh, I'd rather miss out than chase the last leg of a move. Eighth, if I don't understand, I stay in cash; being in cash isn't failure, it's self-protection. Ninth, if I face consecutive losses, I must pause and adjust; I won't stubbornly hold onto a bad state. Tenth, the core of trading isn't making money; it's about surviving long-term. Supporting a family relies on stability, not explosive gains.
In the past, I always aimed to catch big moves, but now I'm more focused on being able to trade steadily. Because you'll find that what truly changes your life isn't a couple of spikes, but still being in the market years later. It's okay to go slow; what's important is not to exit the game.
$BTC