In the early days of entering the circle, I was no different from most people - staying up until dawn staring at the screen, chasing after rises, cutting losses when there was a fall, getting liquidated at any moment, suffering from insomnia, anxiety, and a collapsed mindset, living in a complete mess.
Until a certain moment, I realized: rather than being a gambler, it's better to be an employee. Treat trading as a profession, plan your schedule, establish processes, and execute them strictly. Things really took a turn. I want to share all the tuition and real trading experience I've invested over the years.
**Timing is crucial**
During the day, it's an information bomb zone, with all kinds of messages flying around, and the candlestick fluctuations are crazy, making it hard to determine the direction. My current habit is to only look at the market and operate after 9 PM. Why? The news has already been fully digested, market sentiment has basically settled, and the candlestick trends are relatively clear. At this time, the success rate of trading is even higher, and it's no longer just about luck.
**Cash out when you make a profit, don't be greedy**
Greed leads directly to getting liquidated. This is the iron rule I have summarized. If a market trend makes me 1000U, I will first withdraw 300U to my wallet, and continue playing with the remaining 700U. The old saying of "take profit when you can" makes sense—how many people with greed in their eyes, wanting five times after earning three times, end up with a story of losing everything when a pullback hits? Don't learn from these people.
**Indicators are not for decoration**
Trading cryptocurrencies based on feelings is equivalent to suicide. Install a market software on your phone, keep an eye on key indicators like MACD and RSI, and combine that with the position of the Bollinger Bands. When multiple indicators give signals in the same direction, that’s when it’s truly time to take action. A single indicator can be misleading, but a combination of signals will not be. Stability has improved by several levels.
**Stop-loss is a lifesaver**
In the days when you can watch the market all the time, if the price rises, move the stop-loss line up. For example, if you enter at 1000, and it rises to 1100, move the stop-loss from 900 to 1050. This way, you can participate in the upward trend while locking in profits. If you can't keep an eye on the market all the time, set a hard stop-loss at 3%. Once the market falls rapidly, exit according to the rules; protecting your principal is the most important.
**Withdrawal Planning, Let the Earnings Truly Belong to You**
The numbers in the account are all virtual; the bank card represents real money. For every profit I receive, I will withdraw 30 to 50 percent. Don't spend all day dreaming of tenfold or hundredfold returns, as that is a manifestation of greed. Locking profits in batches in your own account is the proper way to accumulate wealth.
**Short-term Chart Techniques**
When doing short-term trading, it's enough to look at the 1-hour candlestick chart. The appearance of two consecutive bullish candles is a signal to go long. When encountering sideways market conditions, switch to the 4-hour chart to find the support level. Wait for the price to approach the support level before entering, as this trading approach is relatively stable and avoids chasing highs and getting trapped.
**Don't step on these pits**
Heavy leverage is like playing Russian roulette. Stay away from unknown altcoins; we've all seen the consequences of getting scammed. Trading more than three times a day can easily lead to emotional instability and a sharp decline in decision-making quality. The most outrageous thing is borrowing money to trade, which is a path to a dead end.
Treat trading as a serious job; go online when you need to, execute plans when necessary, and turn off your computer to rest when it's time. Don't think about getting rich overnight; that's a fairy tale. Stick to this rhythm for half a year to a year, and you'll find that your profits are indeed growing steadily. Trading is no longer like gambling, but a disciplined practice.
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BlockchainFries
· 9h ago
I have tried the strategy of checking the market at 9 PM, and it does help me feel more alert; during the day, all that information makes it hard to think properly.
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SatoshiHeir
· 9h ago
It should be noted that this gentleman's "9 PM operation theory" has a clear time zone error. On-chain data indicates that the main liquidity of ETH is during UTC hours, and the so-called "news digestion period" you mentioned is precisely the peak of information bombardment in the European and American markets... laughing.
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BrokenRugs
· 9h ago
Watching the market after 9 PM is indeed a great move; things change once the news settles down.
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zkProofGremlin
· 9h ago
I only check the market after 9 PM. I need to try this position; the noise during the day really drives people crazy.
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BlockchainBrokenPromise
· 9h ago
Looking at the market at nine o'clock at night is indeed a brilliant move. I used to be overwhelmed during the day chasing the price and selling with bearish market, but after changing to this time, it has been much more comfortable. My mind is clearer after the news has been digested.
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SpeakWithHatOn
· 9h ago
I tried this trick after 9 PM, and it really made me more alert.
People who borrow money to do Cryptocurrency Trading should wake up; this is suicide.
If you make a profit, run away; the outcome for the greedy is always the same: Rekt.
I've seen too many people trade dozens of times in a day, and in the end, they are the ones catching a falling knife.
The stop loss line is truly a lifesaver; those who don't set it end up living in a trap.
View OriginalReply0
AirdropHunterWang
· 9h ago
Watching the market at 9 PM is a great move; that pile of news during the day can really drive people crazy.
In the early days of entering the circle, I was no different from most people - staying up until dawn staring at the screen, chasing after rises, cutting losses when there was a fall, getting liquidated at any moment, suffering from insomnia, anxiety, and a collapsed mindset, living in a complete mess.
Until a certain moment, I realized: rather than being a gambler, it's better to be an employee. Treat trading as a profession, plan your schedule, establish processes, and execute them strictly. Things really took a turn. I want to share all the tuition and real trading experience I've invested over the years.
**Timing is crucial**
During the day, it's an information bomb zone, with all kinds of messages flying around, and the candlestick fluctuations are crazy, making it hard to determine the direction. My current habit is to only look at the market and operate after 9 PM. Why? The news has already been fully digested, market sentiment has basically settled, and the candlestick trends are relatively clear. At this time, the success rate of trading is even higher, and it's no longer just about luck.
**Cash out when you make a profit, don't be greedy**
Greed leads directly to getting liquidated. This is the iron rule I have summarized. If a market trend makes me 1000U, I will first withdraw 300U to my wallet, and continue playing with the remaining 700U. The old saying of "take profit when you can" makes sense—how many people with greed in their eyes, wanting five times after earning three times, end up with a story of losing everything when a pullback hits? Don't learn from these people.
**Indicators are not for decoration**
Trading cryptocurrencies based on feelings is equivalent to suicide. Install a market software on your phone, keep an eye on key indicators like MACD and RSI, and combine that with the position of the Bollinger Bands. When multiple indicators give signals in the same direction, that’s when it’s truly time to take action. A single indicator can be misleading, but a combination of signals will not be. Stability has improved by several levels.
**Stop-loss is a lifesaver**
In the days when you can watch the market all the time, if the price rises, move the stop-loss line up. For example, if you enter at 1000, and it rises to 1100, move the stop-loss from 900 to 1050. This way, you can participate in the upward trend while locking in profits. If you can't keep an eye on the market all the time, set a hard stop-loss at 3%. Once the market falls rapidly, exit according to the rules; protecting your principal is the most important.
**Withdrawal Planning, Let the Earnings Truly Belong to You**
The numbers in the account are all virtual; the bank card represents real money. For every profit I receive, I will withdraw 30 to 50 percent. Don't spend all day dreaming of tenfold or hundredfold returns, as that is a manifestation of greed. Locking profits in batches in your own account is the proper way to accumulate wealth.
**Short-term Chart Techniques**
When doing short-term trading, it's enough to look at the 1-hour candlestick chart. The appearance of two consecutive bullish candles is a signal to go long. When encountering sideways market conditions, switch to the 4-hour chart to find the support level. Wait for the price to approach the support level before entering, as this trading approach is relatively stable and avoids chasing highs and getting trapped.
**Don't step on these pits**
Heavy leverage is like playing Russian roulette. Stay away from unknown altcoins; we've all seen the consequences of getting scammed. Trading more than three times a day can easily lead to emotional instability and a sharp decline in decision-making quality. The most outrageous thing is borrowing money to trade, which is a path to a dead end.
Treat trading as a serious job; go online when you need to, execute plans when necessary, and turn off your computer to rest when it's time. Don't think about getting rich overnight; that's a fairy tale. Stick to this rhythm for half a year to a year, and you'll find that your profits are indeed growing steadily. Trading is no longer like gambling, but a disciplined practice.