Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
A one-year trading career, and your account hasn't grown to 1 million? That's very normal.
But if you want to change this situation in the second year, these practical experiences gained from market struggles might give you some inspiration.
I can't claim to be an expert, only that I have survived, and more importantly, haven't been forced out by being caught in a trap. Today, I’m sharing these ten insights, especially for those who haven't achieved explosive profits yet but want to trade more steadily.
**When the principal is small, full position trading is a big taboo**
When the account is below 100,000, patience is far more valuable than frequent trading. If you can accurately catch the bottom of a market cycle in one year, that’s enough to turn things around. During other times, simply hold cash—cash is your ammunition for the next move.
**Don’t trade real money before practicing your mindset on a demo account**
Virtual trading allows you to make mistakes repeatedly, but real trading doesn’t give you that chance. A major loss can knock you out, and those gains beyond your understanding often end up unearned and unprotected.
**The second day after a major positive announcement often marks the top**
If you don’t exit on the day a significant news is released, and the market opens higher the next day, my first choice is to reduce positions. Those hoping to squeeze the last bit of profit often get locked in at the top.
**Reserve some funds before holidays**
Market declines before holidays are not some mystical rule; simply put, institutional funds are cashing out early. Lower your positions in advance, and you can rest assured.
**The core of mid-term trading is high sell and low buy, rolling continuously**
Don’t expect to profit from a single buy or sell on the entire wave; that’s the story of big players. Keep appropriate cash reserves, build positions in batches, and exit in stages—this is the way to survive long-term.
**Short-term trading only focuses on active assets**
Coins with low trading volume and narrow price fluctuations are not worth the time—they have low cost-effectiveness. Only active coins will give you opportunities to profit from volatility.
**The speed of decline determines the rhythm of the rebound**
Slow declines can make rebounds very frustrating; conversely, a rapid decline often leads to a fierce rebound. If you can time this rhythm correctly, you won’t get worn out and give up during exhausting markets.
**Stop-loss is not losing, it’s surviving**
If your judgment is wrong, cut losses immediately. As long as your principal remains, the next opportunity is still there. Once the principal is gone, the game is truly over.
**Short-term operations should look at 15-minute charts combined with KDJ indicator**
This combination is especially useful for finding buy and sell points, particularly in volatile markets. You don’t need more indicators; the key is to master the tools you choose.
**Master one or two methods thoroughly enough is sufficient**
There are thousands of trading techniques, and it’s impossible to master them all. Perfecting one or two methods will make more money than knowing a little about many but not being proficient in any.
These are not just theories; each is a survival rule I’ve learned through real funds. Avoiding detours is itself a way to make money.
Remember the last words: as long as your principal is still there, you don’t have to fear the lack of market opportunities.