Don't Let Impatience to "Make Money" Ruin All Your Trading Opportunities

robot
Abstract generation in progress

In the crypto market, what kills traders is not red candles or sudden crashes — but emotions, especially the desire to “recover at all costs.” I have experienced countless nights of liquidation, sitting and watching my account vanish in minutes. Only after tasting enough bitterness did I learn three survival rules — each one paid for with real money. 👉 Below is the set of rules that I wish I had known earlier, so I wouldn’t have to trade off so much. Rule 1: When in Profit – The First Thing Not To Do Is Celebrate, But Lock In Gains Don’t fool yourself into thinking you’ll sell at the exact top. Don’t think that just “waiting a little longer” will double your profit. Do what professionals do: 10% profit → move stop-loss to break-even 20% profit → secure at least 10% profit 30% profit → lock in at least 15% The money in your account is your real money. Unrealized profit is just an illusion, and when the market reverses, it can disappear in seconds. Anyone who has seen a +30% position return to 0% and then drop to -10% understands: one painful experience is enough. Rule 2: When in Loss – There’s Only One Thing to Do: CUT Pain once is better than pain for a lifetime. I set a strict rule for myself: 15% loss → CUT IMMEDIATELY, no hesitation. No waiting for a rebound, no hoping, no wishing. Every time you hesitate, you’re risking your account’s life on the market. Stop-loss is not “failure.” Stop-loss is preserving capital for the next trade. The fastest way to lose capital isn’t a downtrend, but a trader’s hopefulness. Rule 3: A Coin Sold at a Loss Still Gives You a Chance to “Correct” ( If It Rebounds Back to the Selling Price ) If the price returns to the level where you sold — buy back immediately. Keep the same amount of coins, but you’ve gained the difference. That’s how experienced traders “wash out” mistakes without disrupting their trading system. But if it keeps falling and doesn’t turn around? Let it go. The market isn’t just one train. Clinging to regret will cause you to miss hundreds of other opportunities. What You Lack Isn’t Luck – It’s a SYSTEM Good traders aren’t wealthy because they predict tops and bottoms accurately. They’re wealthy because they are more disciplined than others. If you: keep regretting, always trying to recover, don’t know when to enter or exit, let emotions control your account… Then the problem isn’t the market. The problem is the set of rules you don’t have. If You’re Tired of the Feeling of “Being Swallowed Whole by the Market” I’ve compiled a complete contract trading strategy: How to open positions properly, how to control risk, how to smartly move stop-loss, how to allocate capital, how to stay calm during market fluctuations, and especially how to build a proper trading system tailored for you. Trading isn’t a game of chance. Trading is a profession. And as a profession — you need a system, not emotions.

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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)