After trading for so many years, I’ve realized a principle—making money doesn’t rely on frequent operations; the key is to make fewer mistakes and focus on the essentials. Instead of watching the market every day, it’s better to summarize the most practical experiences. These 10 plain truths, if executed properly, will show results.



Account below 200,000? Don’t think about trading every day just for excitement. If you can catch a main upward wave in a year, that’s enough profit. If you trade frequently, transaction fees and slippage will eat up most of your profits.

How to develop technical skills? Practice with a demo account first. Real trading and demo are different; if you impulsively lose real money, your mindset will collapse. Losing in a demo account is okay; it’s perfect for honing your mentality.

Don’t get too excited when good news comes out. Usually, the actual realization of news hits at the high point. The next day’s gap-up can be the best escape opportunity. Many people fall into this trap.

Be cautious before holidays. Liquidity drops suddenly, and there are fewer counterparties. Reducing positions in advance is always more comfortable than stopping losses afterward.

Always keep cash for mid-term trading. Sell in batches during rises, buy slowly during dips. Always have some reserve funds, so your mindset remains stable.

For short-term trading, focus only on active coins. Coins with little trading volume are useless no matter how good the technicals. Choose the right track; simple indicators are often more effective.

Understand the rhythm of declines. Slow declines lead to slow rebounds; sharp declines lead to quick rebounds. If you get this right, your trading approach becomes much clearer.

Admit mistakes. Stop-loss is not a failure; it’s a necessary measure to protect your principal.

For short-term trading, watch the 15-minute K-line chart; too many cycles will only confuse you. Simple methods are often the most effective.

Don’t be greedy with too many methods. Master one or two well; that’s far better than trying ten superficially. In the end, the crypto market is about discipline and execution; luck is just a side character.
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
  • 5
  • Repost
  • Share
Comment
0/400
DegenDreamervip
· 5h ago
Exactly right, but most people can't do it. Mindset is really much more difficult than skills.
View OriginalReply0
MysteryBoxAddictvip
· 8h ago
After saying so much, the true test is execution. Most people fail due to frequent operations.
View OriginalReply0
ParallelChainMaxivip
· 8h ago
That's right, but the key is that most people can't do it.
View OriginalReply0
MEVVictimAlliancevip
· 8h ago
Honestly, trading daily below 200,000 is really asking for trouble, and the fees can eat you alive. Practicing on a demo account to build mentality is excellent; many people just fall apart once they lose real money. High opening news and then running away—only after stepping into this pit do you realize how deep it is. Keeping cash on hand is crucial; without a reserve, it's really hard to stay calm. It just feels like too many people understand these principles but just can't execute them. Discipline is easy to talk about but hard to practice. Watching the 15-minute chart is really enough; when the cycle gets longer, the mind starts to clash.
View OriginalReply0
BearMarketNoodlervip
· 9h ago
It's the right idea, but 99% of people still lose money after reading. The key is how many people can truly let go of their hands.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)