Many people treat trading as a shortcut to get rich, but in reality, trading is a contest of cognition and discipline.
First, respect the market. Don't fantasize about getting rich overnight. Use spare funds to gradually build your positions. Patience is key to enduring the oscillation cycles.
Stick firmly to stop-loss and take-profit points—5% stop-loss can cut risks in time, and 10%-30% should be taken profit and secured. Don't be greedy waiting for that last bit of gain, as that's often where things go wrong.
There is also a certain art to selecting assets. Choose 2-3 assets with solid logic and stable fundamentals, focus on sectors you understand, and avoid blindly chasing every hot trend. Conduct daily reviews, record your trades and emotional states, and use journaling to combat greed and fear.
Ultimately, trading is like running a marathon. Maintain a steady pace and control risks, and long-term consistent profits will naturally follow.
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.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
rugpull_ptsd
· 7h ago
It sounds good, but there are very few who can actually do it. I'm the kind of person who sets a stop loss, but when it drops to the stop loss level, I end up not selling it forcefully...
View OriginalReply0
TheMemefather
· 7h ago
Basically, it's a game of mentality; most people lose because of greed.
View OriginalReply0
PrivacyMaximalist
· 7h ago
I have deep experience with stop-loss; greed for that last penny is really the easiest way to get wrecked.
Exactly, it's all about mindset and discipline.
The marathon analogy is perfect—how many people just lie down halfway through?
When your understanding isn't enough, it's better to be honest and leave it alone, don't mess around.
Keeping a journal really works; it helps you see clearly where you keep making mistakes.
Allocating idle funds is crucial; if you can't even protect your principal, what's the point of talking about returns?
View OriginalReply0
GasWaster
· 7h ago
ngl this discipline thing hits different when ur literally bleeding gwei on every failed tx... yeah discipline works but like has anyone factored in the gas optimization part lol. that 5% stop loss sounds cute until the network decides to congestion and u're paying 200 gwei to execute it fr
Many people treat trading as a shortcut to get rich, but in reality, trading is a contest of cognition and discipline.
First, respect the market. Don't fantasize about getting rich overnight. Use spare funds to gradually build your positions. Patience is key to enduring the oscillation cycles.
Stick firmly to stop-loss and take-profit points—5% stop-loss can cut risks in time, and 10%-30% should be taken profit and secured. Don't be greedy waiting for that last bit of gain, as that's often where things go wrong.
There is also a certain art to selecting assets. Choose 2-3 assets with solid logic and stable fundamentals, focus on sectors you understand, and avoid blindly chasing every hot trend. Conduct daily reviews, record your trades and emotional states, and use journaling to combat greed and fear.
Ultimately, trading is like running a marathon. Maintain a steady pace and control risks, and long-term consistent profits will naturally follow.