After enduring the test of time, the market will naturally give you the answer.
Friends, I am Brother Bin.
In these years of watching people come and go in the circle, I suddenly realized a heart-wrenching fact: most people haven't failed to make money, but rather failed to keep it. Today I want to talk to you in the most straightforward way about what really matters in trading until the end.
01 The market is something you can never truly predict.
When I first entered the industry, I was also obsessed with various predictions. Watching candlesticks, researching indicators, tracking news... I always wanted to find that 'Holy Grail' that could predict the future. But what was the result? I ended up getting slapped in the face more often than making money.
The market is like the weather; you can predict the likelihood of sunshine tomorrow, but you can never be sure if it will suddenly rain heavily. Those who claim to predict points accurately are either frauds or just lucky.
Real veterans understand that uncertainty is the essence of the market. What we can do is not predict whether tomorrow will be sunny or rainy, but to survive regardless of the weather - carrying an umbrella on sunny days and wearing boots on rainy days.
02 Your strategy must have flaws
I have seen too many people spend heavily on 'perfect strategies', only to lose in real trading. Why? Because every strategy has its soft spot.
As mentioned, many algorithmic trading strategies perform perfectly on historical data, but collapse when faced with real market conditions. This is overfitting - the strategy is trained to answer historical exams but cannot handle new questions.
My experience is: simple strategy + strict execution > complex strategy + random play.
Instead of pursuing perfection, choose a strategy you can understand and execute it like a robot. My core strategy now has three rules: only trade a few familiar currencies, never exceed position limits, and never hesitate to cut losses.
03 Risk control is not a skill, it's a belief
When it comes to stop-loss, this is where most people stumble.
Many people view stop-loss as 'giving up', always thinking that waiting a bit longer will let them break even. What’s the result? Small losses turn into huge losses. In my eyes, stop-loss is not giving up, but paying for insurance - spending a little money to ensure you don't die on the battlefield.
Regarding position management, I want to share a painful lesson: years ago, I once bet on a project I thought was 'guaranteed profit', only to face a black swan event that caused my account to shrink by 70%. Since then, I established a strict rule for myself: no single trade should exceed 5% of total funds, no matter how confident I am.
Remember, surviving is the key to output. In the world of cryptocurrency, which is ten times more volatile than the stock market, failing to control risk is like riding a motorcycle on the edge of a cliff - it's thrilling, but the outcome is often not pretty.
04 Discipline and patience are the rarest resources
In trading, at the end, it's actually a battle against the weaknesses of human nature.
When you are on a losing streak, do you think 'let's gamble one more time to break even'? When you see others getting rich, do you FOMO chase the highs? These emotional impulses are the biggest enemies.
I now review three rules before trading every day:
Do not trade late at night - decision quality drops sharply when tired
Do not change plans at the last minute - set strategies before the market opens and only execute during trading
Do not envy others making quick money - focus on your own rhythm
Especially the last point is very important. There are daily rising coins in the market, but not every opportunity belongs to you. As mentioned, the crypto world has countless ways to make money, but you must find the one that suits you best and then dig deep.
05 Long-termism: Slow is fast
Finally, let's talk about the art of 'spending time'.
I have noticed an interesting phenomenon: those who rush to get rich are often the first to be eliminated; while those who survive are the ones who understand 'slow'.
What is slow? It's not about inaction, but having the patience to wait for high win-rate opportunities, just like a hunter waiting for prey to come within range. Learn and accumulate in a bear market, and reap in a bull market - this is the essence of 'work in a bear market, profit in a bull market'.
My goal now is to achieve stable returns every year, not to get rich overnight. Does it sound less exciting? But the power of compound interest will tell you: a 20% return each year can double in four years. Many people seek to double in one night, but the result is often a rapid return to zero.
Summary from Brother Bin
In trading, at the end, it's not about technology but about the mindset. When you truly accept these points, your trading will be considered mature:
The market cannot be predicted - abandon the god's perspective and focus on probabilities
Strategies must have flaws - acknowledge imperfection and compensate with discipline
Risk control comes before profit - surviving is 1, everything else is subsequent 0
Patience is the best weapon - trade time for space
Lastly, I want to share a saying: in this market, lasting longer is more important than making quick profits. As long as you can stay at the table, you will eventually wait for your opportunity. Follow Brother Bin for more first-hand information and precise points on cryptocurrency, becoming your guide in the crypto world; learning is your greatest wealth!#加密市场反弹 #易理华旗下TrendResearch减仓 $ETH
