Newbies frequently get liquidated, while Crypto Veterans enjoy stable profits—the key difference is actually just one: discipline.
I have been engaged in digital asset trading for many years, and my greatest gain is not some trading secret, but a set of "methodologies to restrain myself at critical moments". Today, I will organize and share my experiences.
**The first step is to see the right direction**
Many people focus only on daily trends when doing short-term trading, but this is not complete. The daily chart establishes the big direction, while the 30-minute chart determines the specific entry point. Some daily charts that seem weak may have a beautiful structure when viewed on a 30-minute timeframe, often resulting in a gap up and a long bullish candle the next day—such opportunities occur two or three times a year and are sufficient.
**Don't touch if the trend is not unified**
A market with divergent directions and chaotic structures can sometimes be profitable even with counter-trading, but that's called luck, not skill. Trading with the trend is always the lowest cost choice.
**Capital flow determines opportunity**
The essence of short-term trading is to follow the main capital. If you're not in the hot zone, it's like fighting in a vacuum. Position is very important.
**Planning guides action, emotions only destroy**
Impetuous ordering is the first killer for most losers. "Trade your plan, plan your trade" - this phrase is simple but really works.
**Don't be hijacked by external opinions**
Others' analyses are at most reference information; your own judgment is the true helmsman of your position.
**Direction First, Coin Second**
All successful traders follow this principle. Choose the right trend direction, and even a mediocre coin can be profitable; if the direction is wrong, even leading coins can get you liquidated.
**Entering during an uptrend, bottom guessing is gambling**
People who are keen on bottom fishing are often repeatedly educated. Prices always move in the direction of least resistance, and the coins in the upward trend have the lowest resistance, which is why following the trend is more reliable than bottom fishing.
**Must go to cash after big wins and big losses**
Whether pursuing a recovery or continuing to increase positions, the success rate of emotion-driven operations is close to zero. Taking a day off helps to calm the mindset when looking at the market again. My own data shows that the accuracy of pausing trading after significant gains or losses exceeds 90%.
Making money never relies on talent; it depends on system + discipline + execution. Once you fully understand these principles, you will find that many losses can actually be completely avoided.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Newbies frequently get liquidated, while Crypto Veterans enjoy stable profits—the key difference is actually just one: discipline.
I have been engaged in digital asset trading for many years, and my greatest gain is not some trading secret, but a set of "methodologies to restrain myself at critical moments". Today, I will organize and share my experiences.
**The first step is to see the right direction**
Many people focus only on daily trends when doing short-term trading, but this is not complete. The daily chart establishes the big direction, while the 30-minute chart determines the specific entry point. Some daily charts that seem weak may have a beautiful structure when viewed on a 30-minute timeframe, often resulting in a gap up and a long bullish candle the next day—such opportunities occur two or three times a year and are sufficient.
**Don't touch if the trend is not unified**
A market with divergent directions and chaotic structures can sometimes be profitable even with counter-trading, but that's called luck, not skill. Trading with the trend is always the lowest cost choice.
**Capital flow determines opportunity**
The essence of short-term trading is to follow the main capital. If you're not in the hot zone, it's like fighting in a vacuum. Position is very important.
**Planning guides action, emotions only destroy**
Impetuous ordering is the first killer for most losers. "Trade your plan, plan your trade" - this phrase is simple but really works.
**Don't be hijacked by external opinions**
Others' analyses are at most reference information; your own judgment is the true helmsman of your position.
**Direction First, Coin Second**
All successful traders follow this principle. Choose the right trend direction, and even a mediocre coin can be profitable; if the direction is wrong, even leading coins can get you liquidated.
**Entering during an uptrend, bottom guessing is gambling**
People who are keen on bottom fishing are often repeatedly educated. Prices always move in the direction of least resistance, and the coins in the upward trend have the lowest resistance, which is why following the trend is more reliable than bottom fishing.
**Must go to cash after big wins and big losses**
Whether pursuing a recovery or continuing to increase positions, the success rate of emotion-driven operations is close to zero. Taking a day off helps to calm the mindset when looking at the market again. My own data shows that the accuracy of pausing trading after significant gains or losses exceeds 90%.
Making money never relies on talent; it depends on system + discipline + execution. Once you fully understand these principles, you will find that many losses can actually be completely avoided.