The longer you stay in the trading circle, the more you realize a truth—most people's failures are not due to misjudging the market, but because they are defeated by their own desires and mentality.

During the phase with smaller capital, the biggest taboo is frequent trading. What can truly change the account's fate is often not daily operations, but one or two critical opportunities in a year. Keeping appropriate cash reserves is not only for adding positions but, more importantly, for stabilizing your mindset.

Never trade a stock you are not confident in. It's okay to experiment on a demo account, but when trading with real money, your mindset changes entirely. You must first clarify the logic before executing, which can help avoid many unnecessary detours.

When good news is announced, it is actually a time to be more cautious. The market is all waiting for buyers, and a gap up does not necessarily mean an opportunity. In most cases, it is actually a window for exiting.

Adopting a conservative attitude before holidays is wise. When liquidity is low, prices tend to fluctuate wildly, and spending a relaxed holiday is much more worthwhile than staring at the screen obsessively.

When doing swing trading, don't be overly ambitious about hitting the jackpot in one go. Gradually buy during declines, sell in batches during rises, and keep cash reserves in your account—this greatly reduces psychological pressure.

For short-term trading, focus on the most actively traded coins. Assets with low trading volume are prone to situations where you can enter but cannot exit easily.

Coins with slow, gradual declines give you ample reaction time; however, rebounds after rapid crashes require quick responses. Greedy bottom-fishing is the easiest way to get caught.

The essence of stop-loss is the ability to admit mistakes. As long as your principal is intact, opportunities will always exist.

Don’t make technical analysis too complicated. Master a few core indicators; complexity does not equal effectiveness.

In the end, when it comes to trading competition, there are only two keywords: self-discipline. Restrain greed, avoid over-trading, and dispel the illusion of overnight riches. Those who can truly do this will at least not be easily eliminated by the market.