My true start to making consistent money was the moment I began treating trading as a serious job.
In the early days of entering the circle, like most people, I stayed up late watching charts, chasing gains and cutting losses, experiencing liquidation, insomnia, and emotional outbursts in turn. It wasn't until later that I realized this approach was doomed to fail quickly. I completely changed my mindset: abandoning the fantasy of getting rich overnight, and instead operating in a disciplined manner like a white-collar worker—fixed schedules, fixed trading rules, and strict adherence to plans.
Now I mainly start trading after 9 PM. During the day, there are too many news and market noise, making it easy to be led by the rhythm; in the evening, emotions settle, candlestick patterns become clearer, and it’s easier to judge the direction accurately. As for profits, I take them out as soon as I earn them. If I make 1000 USDT, I withdraw 300 USDT, and the rest is used for further bets. Greed is the easiest way to turn profits into losses; I’ve never seen anyone regret taking profits too early.
Trading relies on executing rules, not on intuition.
Before entering a position, I only look at technical indicators and never believe in so-called "market feel": whether MACD has a golden or death cross, if RSI is in overbought or oversold territory, whether Bollinger Bands are tightening or about to break out—only when at least two signals appear simultaneously do I place an order. Stop-loss must follow the market; if I can monitor the chart, I keep moving the stop-loss upward; if I can't watch in real-time, I set a hard stop-loss at 3% to prevent a sudden market turn from wiping out everything. For short-term trades, I look at the 1-hour chart; I consider going long only after two consecutive bullish candles. During sideways markets, I switch to the 4-hour chart and only enter near support levels.
A few ironclad rules I never break: never use high leverage with full position, never trade coins I don’t understand, do at most 3 trades per day, and never borrow money to trade.
Ultimately, trading isn’t about impulsiveness or luck; it’s about how long you can坚持. Treat it like a job—operate on schedule, finish on time, live long enough, and money will come naturally.
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BlockchainBouncer
· 01-12 04:21
Basically, it's a mindset issue; greed is indeed the easiest to cause a crash.
But only starting at 9 PM? I feel like this time is also quite casual; the market never cares what time you wake up.
Taking 300 and leaving 700 to keep playing sounds very rational, but how many can actually follow through...
There's nothing wrong with following the rules; gut feeling is just self-comfort.
The strict rule of 3 trades a day is really hard to stick to; when you're itching to trade, you just can't stop.
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ChainSauceMaster
· 01-11 11:30
It sounds like trading cryptocurrencies is being treated as a job, but I think the most heartbreaking thing is still that line "live long enough."
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fren.eth
· 01-09 04:48
It sounds like rules are important, but I still believe that mindset is the core.
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I agree with starting at 9 PM; during the day, the noise is indeed too much and easy to get cut off.
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A 3% hard stop-loss sounds like insurance, but I'm worried that a market pullback might just trigger it and exit immediately.
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There's nothing wrong with following the rules, but how many people can truly stick to them?
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The constraint of a maximum of 3 trades per day is too difficult for me...
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Greed is indeed poison, but where does the 30% withdrawal ratio come from? Is there any basis for it?
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Basically, it's about delayed gratification. Most people probably can't do it.
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I've also given up on the intuition for market feeling; it's too metaphysical.
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Not over-leveraging and not high leverage—these two iron rules, I think, are the most crucial.
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UncleLiquidation
· 01-09 04:30
You're not wrong; the rules are genuinely enforced, but intuition is all a lie.
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OnchainDetectiveBing
· 01-09 04:28
It sounds like another "I finally understood" story, but I have to question the 3% hard stop-loss...
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SoliditySlayer
· 01-09 04:22
Sounds good, but how many people can truly stick to this discipline?
Honestly, most people after reading this will immediately start engaging in ultra-short-term frequent trading again...
My true start to making consistent money was the moment I began treating trading as a serious job.
In the early days of entering the circle, like most people, I stayed up late watching charts, chasing gains and cutting losses, experiencing liquidation, insomnia, and emotional outbursts in turn. It wasn't until later that I realized this approach was doomed to fail quickly. I completely changed my mindset: abandoning the fantasy of getting rich overnight, and instead operating in a disciplined manner like a white-collar worker—fixed schedules, fixed trading rules, and strict adherence to plans.
Now I mainly start trading after 9 PM. During the day, there are too many news and market noise, making it easy to be led by the rhythm; in the evening, emotions settle, candlestick patterns become clearer, and it’s easier to judge the direction accurately. As for profits, I take them out as soon as I earn them. If I make 1000 USDT, I withdraw 300 USDT, and the rest is used for further bets. Greed is the easiest way to turn profits into losses; I’ve never seen anyone regret taking profits too early.
Trading relies on executing rules, not on intuition.
Before entering a position, I only look at technical indicators and never believe in so-called "market feel": whether MACD has a golden or death cross, if RSI is in overbought or oversold territory, whether Bollinger Bands are tightening or about to break out—only when at least two signals appear simultaneously do I place an order. Stop-loss must follow the market; if I can monitor the chart, I keep moving the stop-loss upward; if I can't watch in real-time, I set a hard stop-loss at 3% to prevent a sudden market turn from wiping out everything. For short-term trades, I look at the 1-hour chart; I consider going long only after two consecutive bullish candles. During sideways markets, I switch to the 4-hour chart and only enter near support levels.
A few ironclad rules I never break: never use high leverage with full position, never trade coins I don’t understand, do at most 3 trades per day, and never borrow money to trade.
Ultimately, trading isn’t about impulsiveness or luck; it’s about how long you can坚持. Treat it like a job—operate on schedule, finish on time, live long enough, and money will come naturally.