Having done market analysis for 5 years and witnessing nearly 100 newcomers entering the market, 99 of them were out within 3 months—either wiped out completely or psychologically crushed. This isn’t a matter of talent or bad luck; frankly, it’s because from day one, they were rushing in the wrong direction.

Today, I’ll openly share the core methodology that has kept me consistently profitable over the years. Newcomers who follow this can avoid at least 80% of the pitfalls and save at least 2 years of trial and error.

**The First Deadly Pitfall: Treat Trading as a Gambling Game**

In my early days, I was very typical—staying up only 4 hours a day chasing trades, with dark circles under my eyes like a panda. When the market slightly fluctuated, I panicked; when I saw a rise, I chased; when I saw a fall, I sold. The result was predictable: my account kept shrinking.

Later, I completely adjusted my mindset. I stopped treating trading as a full-time gambler’s job and started treating it as a real profession. I focused on trading during two hours from 9 PM to 11 PM every night, while working normally during the day and spending time with my family—doing whatever I needed to do. Why choose this time window? Because during the day, news is everywhere, and the market is chaotic, making it impossible to see the trend clearly. In the evening, most information has been digested, and the directional signals of candlesticks become much clearer. Trading at this time can more than double your win rate.

**The Second Pitfall: Relying on Feelings to Place Orders and Not Trusting Indicators**

A common mistake among beginners is relying solely on intuition—buying a coin that sounds good, jumping in when the chart looks like it’s about to take off, often stepping into traps eight out of ten times.

My current approach is completely opposite. I rely on three indicators: MACD, RSI, and Bollinger Bands. How do I use them? For short-term trades, I look at the 1-hour K-line. When MACD shows a bullish crossover and the Bollinger Bands break out, that’s a buy signal. During sideways consolidation, I switch to the 4-hour K-line to find support levels, and only enter when the price approaches support. This method significantly improves the win rate.