Many people ask me how to go from frequent Get Liquidated to stable profits? My answer is actually very simple—surviving is a hundred times more important than making quick money.
As long as there is more than 1000U in the account, I will immediately withdraw 400U. Many people think this is very conservative, but what I want to say is: the numbers in the exchange do not count as money; only when they reach the bank card can they be considered real cash. Most people who die in the market are because they want to earn a little more, but a wave of market fluctuations can make everything vanish.
Trading cannot be based on feelings; that is the privilege of retail investors. My approach is to use MACD, RSI, and Bollinger Bands, and I only dare to place an order when at least two of them are in the same direction. For short-term trading, I use the 1-hour candlestick chart, and for trend analysis, I use the 4-hour candlestick chart. Those low-cycle noises are simply not worth paying attention to.
Stop-loss, simply put, is a lifeline. If you don't set a stop-loss, the market will eventually teach you a lesson. If you are watching the screen all day, I would dynamically adjust the stop-loss; if there are too many things to keep an eye on, then just execute a hard stop-loss at -3%. Only those who can decisively cut their positions can survive in this market.
Every week I withdraw 30% of the profits I made that week directly. This habit can break the cycle of many traders who "earn and then lose everything." Once my mindset stabilizes, the quality of my operations improves accordingly.
Finally, there are a few red lines that cannot be crossed: leverage should be a maximum of 10 times, with 3 to 5 times being the most suitable for beginners; no more than 3 trades per day; absolutely avoid emotional coins, and do not use borrowed money to trade. Treat trading as a profession, not as a gamble.
Those who can persistently adhere to this set of rules are often the ones who ultimately win.
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MEVHunterX
· 20h ago
This trap sounds good, but I've seen very few people who can actually execute it.
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GateUser-c799715c
· 12-23 00:54
Indeed, just being alive means you've won, and I deeply resonate with this... Frequent order cancellations are indeed painful, but compared to a single All in turning to dust, this mental adjustment is still worth it.
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DEXRobinHood
· 12-23 00:45
Well, it's another survival story, why didn't I think of that, haha
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PanicSeller
· 12-23 00:41
It's right to bring it up; the numbers from the exchange are really虚, and mental preparation is more important than anything.
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MetaMaximalist
· 12-23 00:34
ngl the "take profits weekly" part actually hits different... most degens would never
Many people ask me how to go from frequent Get Liquidated to stable profits? My answer is actually very simple—surviving is a hundred times more important than making quick money.
As long as there is more than 1000U in the account, I will immediately withdraw 400U. Many people think this is very conservative, but what I want to say is: the numbers in the exchange do not count as money; only when they reach the bank card can they be considered real cash. Most people who die in the market are because they want to earn a little more, but a wave of market fluctuations can make everything vanish.
Trading cannot be based on feelings; that is the privilege of retail investors. My approach is to use MACD, RSI, and Bollinger Bands, and I only dare to place an order when at least two of them are in the same direction. For short-term trading, I use the 1-hour candlestick chart, and for trend analysis, I use the 4-hour candlestick chart. Those low-cycle noises are simply not worth paying attention to.
Stop-loss, simply put, is a lifeline. If you don't set a stop-loss, the market will eventually teach you a lesson. If you are watching the screen all day, I would dynamically adjust the stop-loss; if there are too many things to keep an eye on, then just execute a hard stop-loss at -3%. Only those who can decisively cut their positions can survive in this market.
Every week I withdraw 30% of the profits I made that week directly. This habit can break the cycle of many traders who "earn and then lose everything." Once my mindset stabilizes, the quality of my operations improves accordingly.
Finally, there are a few red lines that cannot be crossed: leverage should be a maximum of 10 times, with 3 to 5 times being the most suitable for beginners; no more than 3 trades per day; absolutely avoid emotional coins, and do not use borrowed money to trade. Treat trading as a profession, not as a gamble.
Those who can persistently adhere to this set of rules are often the ones who ultimately win.