Having spent ten years navigating the cryptocurrency market, I have also experienced sleepless nights due to consecutive losses. Now, being able to achieve relatively stable profits, looking back, it's not that I have mastered some profound secret, but rather that I persistently follow some of the simplest trading principles. These methods may seem straightforward, but very few people actually implement them.
First of all, you need to understand that the market mostly generates noise. It took me many years to realize this. Truly your trading opportunities may only occur a few times a month. Instead of trading frequently, it's better to place decisive orders only when your preferred patterns appear, and stay in cash otherwise, waiting patiently. This patience itself is a powerful filter that helps you avoid many losses.
Choosing the right trading time is also crucial. During the daytime, news and data are abundant and can easily interfere with your judgment. In contrast, nighttime market conditions tend to be more stable, and trends are clearer. Especially after 9 PM, market sentiment gradually settles down, making decision-making much calmer. Most of my profitable orders come from this time window.
Once you make a profit, you must take profits promptly. For example, if you earn 1,000U, first transfer 300U to a cold wallet or an isolated account. The remaining funds can then continue to participate in the market, and your mindset will be completely different — no longer anxious or fearful, but playing with idle money. This approach not only protects your gains but also prevents missing out on subsequent opportunities due to over-caution.
On the execution side, I strongly recommend trusting tools rather than intuition. Before placing an order, be sure to use technical indicators for objective analysis. MACD crossovers, RSI overbought/oversold zones, Bollinger Band contractions and expansions — these signals are not 100% accurate, but they can help you effectively filter out a lot of emotional decisions. For me, this is much more reliable than trading based on feelings.
The stop-loss line must never be loosened. If you can monitor the screen, you can use a trailing stop-loss, gradually raising the stop level as your position profits grow. This way, you can lock in profits while participating in more upward movement. But if you cannot monitor the market constantly, always set a hard stop-loss in advance, usually 3%-5%. This is the most direct safeguard against sudden volatility. Many people get caught because they are greedy and don’t set a stop-loss, ultimately getting trapped badly.
Ultimately, stable profits come from solid risk management and emotional control. It may not be glamorous, nor will it make you rich overnight, but it will allow you to survive long-term in this market.
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EntryPositionAnalyst
· 11h ago
Damn, that's human language. Ten years of sharpening the sword for this? I've also realized, it's really not about learning fancy indicators, it's just about damn holding back and not messing around.
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bridgeOops
· 11h ago
It's true that it's been a decade of blood, sweat, and tears, but I've heard this theory too many times... The key still comes down to execution. I just lost because of frequent trading.
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ContractCollector
· 11h ago
Placing orders after 9 PM is really awesome. I also started making consistent money from that time onward.
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FUD_Whisperer
· 11h ago
To be honest, I’ve never been able to hold a completely empty position and wait; I get itchy... But I’ve definitely seen too many experienced traders get shaken out from frequent trading.
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AirdropFreedom
· 11h ago
In plain terms, it's boring discipline, but it's deadly to follow through.
Having spent ten years navigating the cryptocurrency market, I have also experienced sleepless nights due to consecutive losses. Now, being able to achieve relatively stable profits, looking back, it's not that I have mastered some profound secret, but rather that I persistently follow some of the simplest trading principles. These methods may seem straightforward, but very few people actually implement them.
First of all, you need to understand that the market mostly generates noise. It took me many years to realize this. Truly your trading opportunities may only occur a few times a month. Instead of trading frequently, it's better to place decisive orders only when your preferred patterns appear, and stay in cash otherwise, waiting patiently. This patience itself is a powerful filter that helps you avoid many losses.
Choosing the right trading time is also crucial. During the daytime, news and data are abundant and can easily interfere with your judgment. In contrast, nighttime market conditions tend to be more stable, and trends are clearer. Especially after 9 PM, market sentiment gradually settles down, making decision-making much calmer. Most of my profitable orders come from this time window.
Once you make a profit, you must take profits promptly. For example, if you earn 1,000U, first transfer 300U to a cold wallet or an isolated account. The remaining funds can then continue to participate in the market, and your mindset will be completely different — no longer anxious or fearful, but playing with idle money. This approach not only protects your gains but also prevents missing out on subsequent opportunities due to over-caution.
On the execution side, I strongly recommend trusting tools rather than intuition. Before placing an order, be sure to use technical indicators for objective analysis. MACD crossovers, RSI overbought/oversold zones, Bollinger Band contractions and expansions — these signals are not 100% accurate, but they can help you effectively filter out a lot of emotional decisions. For me, this is much more reliable than trading based on feelings.
The stop-loss line must never be loosened. If you can monitor the screen, you can use a trailing stop-loss, gradually raising the stop level as your position profits grow. This way, you can lock in profits while participating in more upward movement. But if you cannot monitor the market constantly, always set a hard stop-loss in advance, usually 3%-5%. This is the most direct safeguard against sudden volatility. Many people get caught because they are greedy and don’t set a stop-loss, ultimately getting trapped badly.
Ultimately, stable profits come from solid risk management and emotional control. It may not be glamorous, nor will it make you rich overnight, but it will allow you to survive long-term in this market.