Lucky-小何

I first started trading contracts in March 2021. Before that, I was only trading spot. Because I kept hearing stories about people getting liquidated and going crazy, borrowing money, gambling, and so on, I was always afraid to touch contracts. It was only after knowing a friend on WeChat who made money trading contracts that I became fascinated with them. At first, I used stop-losses and isolated margin, stubbornly holding positions until liquidation. Eventually, I got liquidated so many times that I started doubting life itself. I got cut both in spot and contracts—does this market even let people play? Luckily, I met a big shot in a group who sincerely taught me patiently without charging, answering all my questions, sometimes teaching until midnight. Slowly, I began to gain some insight. Returning to the market, once you understand stop-losses, you realize the market’s uncertainty and that stop-losses protect you. But the problem is frequent stop-losses, followed by rebounds, back and forth—it’s very frustrating. Later, I reviewed charts, monitored the market, and practiced the entire action plan. That is, after doing a lot of preparation, you decide how likely your position will succeed this time. Only when you prepare everything you should can you understand that planning is up to man, success is up to heaven. So you can’t just blame frequent stop-losses on market volatility or the main players shaking the market. Your entry point must be carefully polished. When your buy point is carefully refined and you think it through before buying, you can truly get on track. To be serious, stop-losses also depend on the person. Some people set stop-losses at 10%, some at 5%. It mainly depends on personal tolerance and one’s own trading system. More importantly, it should be addressed from two other dimensions. The first dimension is the buy point, the predecessor of the stop-loss. The problem with frequent stop-losses is not the stop-loss itself but whether your buy point holds a significant advantage—that is, a good start. The second rule: control your hands, follow your entry rules, don’t shout about heavy positions one moment and go all-in the next. Pay attention: those who can truly handle things well have already prepared when motivation strikes. As mentioned earlier, to have a good result, you must first have a good start. That means being cautious at the beginning and cherishing every bullet in your chamber! $BTC $ETH

In this trading market, people are cautious and hesitant before buying, absolutely anxious about market trends after buying, hesitant before selling, and regretful after selling. This is the fear most traders experience. The fear comes from a lack of control. Most people's trades are just because they want to buy or sell, not based on a pre-set plan, but reacting to market fluctuations. Simply put, it's a lack of resolve and also a self-protection mechanism. First, fear and worry create feelings; it has self-awareness and is an unknown entity, so it causes fear. After opening a position, it sharpens your senses and focuses your attention, always ready to fight or flee. This explains why when you buy or sell, you always feel an impulse—you instinctively want to quickly complete the fearful action (closing the position) under those circumstances. What are we really afraid of? Actually, it's the fear of missing out or selling too early because you don't know if your next choice will cause you to miss the opportunity or sell prematurely. This is fear of the unknown, which leads to emotional trading. So how do you solve this problem? It's not about just cheering yourself on, but about maintaining "discipline," "rules," and "practice." This requires daily training. You fear missing out because you don't know whether to buy or when to sell during trading. Your own trading principles must override the market. Write down the buying and selling issues you want to solve on paper and answer them in writing. The more detailed and clear the steps, the better. This is your well-prepared plan that gives you confidence to face market fluctuations. It's simple, but few people do it. People always think they're smart enough to remember everything mentally. Not many persist in reviewing their trades. If you set your trading plan in advance, when facing upward or downward fluctuations, just follow, adjust, and execute the plan. Those who prepare will succeed; those who don't will fail. $BTC

Most traders, upon entering the market, first come into contact with various groups, Weibo KOLs, and live trading; however, after encountering many problems in trading, we find that much of the market analysis does not truly solve trading issues. Often, different analyses contradict each other, with different indicators for long-term and short-term trades. Each analysis has its unique insights, but trying to find the single best method to use and hoping to consistently profit with it is a vain fantasy. More factors contributing to a trader's success lie in seeking self-awareness and attitude to determine trading outcomes. Clear beliefs and discipline are essential qualities of winners. This means learning how to think probabilistically. You don't need to know exactly how to make money in the next step because no one can be certain—anything can happen. The only certainty is market change. This means every advantage and every outcome is a unique experience. You must allow mistakes to happen, not be influenced by past errors, and trade according to rules. In trading, wait for that probabilistic edge to appear, then repeat this process again and again. Learning to accept risk, maintaining discipline, focus, and confidence is very important. In trading, you must fully accept the risk of every trade; this is also the cost of trading. Do not lose discipline, focus, or confidence. If you cannot trade without emotion, then you have not learned to accept risk. Admitting mistakes and incurring losses is very painful and something we definitely want to avoid, but as traders, this is a problem we must face. Traders see only probabilities, so you must establish an objective mindset. Nothing will happen just because you fear it, nor will nothing happen because you don't. The market is objective and neutral. A wrong attitude will cause fear. Remember this: you cannot learn enough knowledge to offset the negative impact caused by fear. In other words, in the face of ongoing uncertainty, every trade will have an uncertain outcome. Therefore, we must learn to fully accept uncertainty. Once fear disappears, we become more rational and stable. Of course, eliminating fear is only half the journey; the other half is developing self-restraint and personal entry discipline to face trading. This is what fitness enthusiasts call building muscle memory and cultivating mechanical, natural habits. The current trend of BTC makes me very puzzled. Without BTC moving down or up, it's very hard to have profitable opportunities in the market!!!😭$BTC

Do you prefer left-side or right-side trading? Today, I'll share my understanding; in trading, the buying direction is divided into two: left-side and right-side, with completely different mindsets. Simply put: left-side means entering a trade before the trend confirmation or reversal is seen, possibly because the valuation has reached a low point or based on a feeling that the decline has bottomed out; right-side is the opposite, entering a trade after the trend confirmation or reversal is observed. Left-side is predictive thinking, right-side is follow-the-trend thinking. So which is better, left-side or right-side? I believe there is no standard answer; each has pros and cons, mainly depending on how one uses them. The advantage of left-side is that if you buy correctly, your cost will be relatively low; if you buy incorrectly, you might buy halfway up the slope, bearing the cost of trial and error. You always want to buy cheap, but if you keep trying to catch the bottom without seeing a significant rebound, it can make you question everything and cause mental anguish and collapse. So I call left-side trading an art. Right-side trading is different: you enter after a signal appears, so this kind of suffering doesn't happen because the right-side signal means the market trend has already changed. However, right-side trading has its cost: when the right-side signal appears, the price is definitely not at the lowest point, so the buying cost is relatively higher. There's also the problem of false right-side signals, which is frustrating. Therefore, the best buying point should be proven by the most objective facts and probabilities, not guessed. In trading, don't always try to buy at the lowest; instead, patiently wait for the market to prove the lowest point is indeed the lowest before considering entering a trade. Even better, don't always think about getting a bargain; true trend leaders or hot spots can offer you an ultra-low or lowest price. So, try to participate in trends or reversals rather than purely left-side thinking, which greatly improves success rates and reduces trial and error costs. Use your advantage of having a small boat (trial capital) that can turn quickly; don't compete with institutions on cost but on patience. Also, don't claim to be value investing to cover up failed bottom-fishing after being trapped. Wrong is wrong; the market has no right or wrong, only what is correct. The big market continues to fluctuate, and altcoins go up and down. $BSB $LAB

Here are some practical tips and profit rules. 1: What type of assets to trade in the crypto space? Answer: Trade crypto contracts. Why? Because even those who truly understand blockchain don’t really know the true value of coins, but contracts at least have been verified and have stable trading volume, so there are contracts (at least they’re not too deceptive), plus contracts have unique leverage. 2: What kind of contracts to buy? Answer: I’ve summarized three strategies. Profit rule 1: stake out one contract, similar to buying trending stocks in A-shares. Find the asset that is about to rally, with volume expansion on the daily K-line and then stabilizing at a high level. Then use a volume contraction pullback to enter with a set stop loss. Leverage should be configured between 5-15X and buy gradually. I’m talking about human nature—those who run at a slight rise or short when it looks high are exploited by us on leading contracts. 3: Short selling. Be cautious with shorting because crypto markets often drop together. If you don’t master shorting skills, better not play that day. Shorting is rule 2, the opposite approach, but remember to be quick—take profits and exit fast, don’t hold too long. These are the three methods; now some precautions: The first is best done after a big drop, closely watch hot assets and repeatedly go long; the second is to always watch BTC—if BTC is stable, repeatedly trading the leader is stable; the third is to avoid shorting unless absolutely necessary. Going from 1 to 100 is a 100x gain, but from 100 to 1 you can only make 99% profit, so try to go long as much as possible. Currently, the trend looks pessimistic, repeatedly testing the bottom. If it breaks through, it will be a major crash, and altcoins won’t be spared. I’m still watching and waiting for a fast drop market. $BTC

When you truly understand the meaning of "waiting" in trading, you will realize that many losses are self-inflicted and have nothing to do with the market. Novice traders are always searching for various shortcuts, while veterans only practice consistent waiting; in fact, some things are destined to be unattainable. Many traders with weak discipline resort to desperate measures, trying to find a trade that doubles immediately after buying, but often when this happens, it's already wrong. That's why I always emphasize "reviewing trades." Reviewing trades helps you better understand your trading style. When things are destined to develop a certain way, what you do can also be done by others—it's just probability. Want to think more clearly? What you think is a doubling opportunity is often just a coincidental point. In trading, the variables in the market are far more numerous than those in everyday life, and opportunities are much more abundant than in life. This means that if you want to find opportunities, there are plenty, but many people forget their past successes. For example, 312, 519, 1011—the timing, environment, and objective conditions at those moments. Since everything develops as destined, especially in this market, think carefully: what you need to learn is the meaning of "waiting." This also reflects real-life experience applied to personal trading awareness. Waiting is not just passive waiting: it involves clear goals, plans, execution... When you truly understand this, the only problem you need to solve is to establish a clear and executable standard, and that’s it. Learning to wait means the person truly understands timing in trading, is realistic, and naturally will experience less anxiety in trading. You will find that trading should actually be done this way—it’s just like that, always has been. The fear and anxiety in your mindset will naturally disappear or lessen. When there’s no market movement, just chat a bit. Wishing all new and old friends lots of profits and big earnings!

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