After years of navigating the crypto world, if someone asks me who the biggest enemy in trading is, I would say without hesitation—it's myself.
Many people think trading difficulty lies in precise predictions or finding some magical indicator. Actually, that's not the case. The real arena isn't on the charts, but inside your mind. You're battling your greed, fear, and impulsiveness—that's the core battle in trading.
So how to win? I've tried relying solely on self-discipline, but I found willpower is unreliable; it always runs out. Therefore, you must design a system that is counterintuitive, constraining that unruly self from multiple angles.
**Level One: Replacing Feelings with Rules**
Trading rules are like your external brain. But these rules must meet three conditions.
First is quantification. Don't say things like "I feel it'll go up today" or "This coin looks good." Those are garbage. Your rules must be precise for every condition. For example: when the four-hour K-line price is above the 20-day moving average, and the one-hour chart forms a bullish engulfing pattern, then enter. Only such rules are executable.
Second is completeness. From the moment you open a position, you should know where to set your stop-loss, when to add to your position, and how to take profits. The rules must cover the entire trading lifecycle, answering every question you might have, rather than leaving it to last-minute improvisation.
Finally, visibility. Print out your core rules and stick them directly in front of your computer. Before placing an order, just like a pilot checks instruments before takeoff, confirm each rule one by one. It may sound silly, but this "silliness" can save your life.
**Level Two: Training Awareness**
Next, learn to observe your emotions instead of being hijacked by them.
When you feel impulsive to place an order, stop and give yourself three seconds. Ask: Is this decision based on the rules, or is it because I saw others making money and I can't wait? Is the market truly signaling, or is my greed stirring again?
With long-term practice, you'll gradually become an observer of your emotions rather than a passive victim. Emotions will still come, but if you can see them clearly, you won't be controlled by them.
**Level Three: Environment Design**
The last dimension is transforming your trading environment. What does that mean? It’s making doing the right thing the easiest choice.
For example, if you're easily influenced by signals from a chat group, leave the group. If you often check K-lines late at night and make reckless trades, delete the app from your phone and only trade on your computer. If you frequently over-leverage, lower your account risk parameters so the system automatically protects you.
Human willpower will eventually run out, but environmental constraints are continuous. Smart traders aren’t those with the strongest willpower, but those who know how to leverage external forces.
Ultimately, trading is a psychological game. You're not just fighting the market, but that self who always wants to buy the bottom, chase the high, or go all-in. Building rules, training awareness, and designing environments form a complete self-restraint system. Stick to this approach, and you might just survive trading—and even make money.
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APY追逐者
· 19h ago
Leaving the group really saved my life, otherwise I would still be blindly chasing highs in the group
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The printing rule is brilliant. I now have three pieces of paper taped to my desk, and every time I get itchy, I get snapped back to reality
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Willpower really can't be relied on. I'm now living by environmental constraints. Since deleting the app, the market has been much better
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The phrase "I am my own worst enemy" should be tattooed on my body. I've almost blown up my account countless times
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Ask yourself the question in three seconds. It sounds simple, but I've persisted for two months, and the market is really stable now
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Many people are still looking for some magical indicator. Indicators are bullshit; losing control of your hands is the real problem
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Environmental design is crucial. I can't even install trading apps on my phone now, and life has become much more comfortable
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RunWithRugs
· 12-27 03:54
That's right, it's just fighting oneself; rules are much more important than talent.
I need to learn the trick of leaving the group; constantly shouting signals in the group really drives people crazy.
Willpower is just a joke; environment design is the real key.
This system sounds very clear-headed, but why can't I seem to implement it?
Posting rule notes is a bit extreme, but it's effective—more reliable than any motivational quotes.
I should have deleted the app long ago; every night at 2 a.m., I start messing around randomly.
It's all about the essence of psychological games; the difficulty lies in the unity of knowledge and action.
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memecoin_therapy
· 12-27 03:50
That's right, you have to fight yourself to the end, or the market will crush you.
Really, deleting the app in the middle of the night is brilliant; that's exactly what I do now.
Talking on paper is one thing, but the key is whether your execution ability can keep up.
It feels a bit idealistic; in actual combat, rules often can't save you.
This system sounds good, but most people can't stick with it for more than three months.
I'm most annoyed by the self-discipline part, because being too harsh on yourself often leads to a blow-up.
Set your stop-loss properly, everything else is just虚的.
The environment design part is really useful; I left five groups and my mindset improved a lot.
I agree with the second layer; emotional awareness is the core, everything else is supporting.
It's the same explanation again; the problem is most people simply can't see their own greed clearly.
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FomoAnxiety
· 12-27 03:43
All are correct, but I still can't change the habit of watching the market at midnight...
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No matter how perfect the rules are, as soon as I see someone in the group getting rich, I forget everything
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The last sentence really hit home; surviving and coming out alive is truly not easy
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I've tried leaving the group, but then the group friends created a new one...
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The phrase "Willpower can't be relied on" is so true
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The environmental design part is a bit extreme, just expensive
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A three-second pause? I stop loss in one second
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It sounds good, but I still can't escape the fate of losing money
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Does anyone else have rules written so in detail that they never look at them?
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No wonder I've been losing constantly, it turns out the real enemy is myself
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I haven't actually printed out the rules yet, I'll try it later
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ContractHunter
· 12-27 03:40
Damn, someone finally said it. I am that kind of loser who fights with himself.
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I really didn't expect to leave the group, that was really ruthless.
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The three-second calm-down trick, try it next time you want to chase the high.
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The phrase "Willpower can't be trusted" hit me. I tell myself that every time, but I still go all in.
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I laughed at the rule poster in front of the computer. Looks like an intern pilot, but it seems to be somewhat useful.
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Environmental design is the real trick. The step of deleting the app needs to be implemented.
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What you said is correct, but actually executing it is still difficult. I'm still struggling with my greed.
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The observer of emotions is not a passive party. This definition is spot on.
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Ultimately, you have to admit you're a noob, and then use a system to constrain this noob.
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People's self-control will eventually run out, but environmental constraints are continuous. I need to engrain this in my mind.
After years of navigating the crypto world, if someone asks me who the biggest enemy in trading is, I would say without hesitation—it's myself.
Many people think trading difficulty lies in precise predictions or finding some magical indicator. Actually, that's not the case. The real arena isn't on the charts, but inside your mind. You're battling your greed, fear, and impulsiveness—that's the core battle in trading.
So how to win? I've tried relying solely on self-discipline, but I found willpower is unreliable; it always runs out. Therefore, you must design a system that is counterintuitive, constraining that unruly self from multiple angles.
**Level One: Replacing Feelings with Rules**
Trading rules are like your external brain. But these rules must meet three conditions.
First is quantification. Don't say things like "I feel it'll go up today" or "This coin looks good." Those are garbage. Your rules must be precise for every condition. For example: when the four-hour K-line price is above the 20-day moving average, and the one-hour chart forms a bullish engulfing pattern, then enter. Only such rules are executable.
Second is completeness. From the moment you open a position, you should know where to set your stop-loss, when to add to your position, and how to take profits. The rules must cover the entire trading lifecycle, answering every question you might have, rather than leaving it to last-minute improvisation.
Finally, visibility. Print out your core rules and stick them directly in front of your computer. Before placing an order, just like a pilot checks instruments before takeoff, confirm each rule one by one. It may sound silly, but this "silliness" can save your life.
**Level Two: Training Awareness**
Next, learn to observe your emotions instead of being hijacked by them.
When you feel impulsive to place an order, stop and give yourself three seconds. Ask: Is this decision based on the rules, or is it because I saw others making money and I can't wait? Is the market truly signaling, or is my greed stirring again?
With long-term practice, you'll gradually become an observer of your emotions rather than a passive victim. Emotions will still come, but if you can see them clearly, you won't be controlled by them.
**Level Three: Environment Design**
The last dimension is transforming your trading environment. What does that mean? It’s making doing the right thing the easiest choice.
For example, if you're easily influenced by signals from a chat group, leave the group. If you often check K-lines late at night and make reckless trades, delete the app from your phone and only trade on your computer. If you frequently over-leverage, lower your account risk parameters so the system automatically protects you.
Human willpower will eventually run out, but environmental constraints are continuous. Smart traders aren’t those with the strongest willpower, but those who know how to leverage external forces.
Ultimately, trading is a psychological game. You're not just fighting the market, but that self who always wants to buy the bottom, chase the high, or go all-in. Building rules, training awareness, and designing environments form a complete self-restraint system. Stick to this approach, and you might just survive trading—and even make money.