#数字资产市场动态 Contract trading—people are always asking me if I have some secret that allows me to make steady profits U just by turning the faucet on and off. My answer has never changed: Don’t dream. Instead of figuring out how to make money, think first about how to lose. $ICNT
**Plan your exit before opening a position**
Watching accounts rapidly shrink, nine out of ten times it’s not because they chose the wrong direction, but because they never planned "when to exit." This is the most common and deadly mistake.
The stop-loss line must be respected: if support breaks, get out; if a single loss reaches 2% of the principal, get out. Traders who ignore stop-losses will ultimately become market casualties. No exceptions.
Profit-taking requires action: set your target at twice the distance of your stop-loss (a 1:2 risk-reward ratio), or take profits gradually. Profits are hard-won; treat them with respect.
**Holding onto small gains and stubbornly holding onto losses is the biggest self-destructive move for retail traders**
What is contrarian trading? It’s when you get impatient and cut your position after earning a few points, but hold onto losing trades stubbornly. This "cautious" behavior may seem smart, but in reality, it accelerates the account’s death spiral. Over time, the account just keeps falling.
What you should do is this:
Admit defeat immediately if you’re wrong—that’s not failure, that’s trading costs, like operational expenses in business. Letting go is not weakness; it’s rational.
Let profits run while the trend is still alive; don’t rush to lock in gains. When the trend signals reversal or ends, take your profits. Master these two extremes.
**Trading is about planning, not inspiration**
Relying solely on intuition to open positions is like handing your account over to dice. Long-term successful traders don’t rely on prediction skills; they rely on strict risk management.
Position control: never risk more than 10% of your total capital on a single trade. It may seem conservative, but it’s the insurance against a big market swing wiping you out.
Emotional control: set a maximum number of trades per day, and stop immediately after two consecutive losses. Don’t turn into a gambler. Calm traders last longer; hot-blooded traders burn out faster.
Contract trading never requires perfect prediction, but it demands calmness. Those who manage to climb out of lows rely not on luck or inspiration, but on strict "how to end" rules. From the moment you see that "exit rules" are more important than "entry judgment," the market’s temperament will noticeably soften.
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fomo_fighter
· 8h ago
Really, stopping loss is easy to talk about but very hard to do. I've seen too many people just stubbornly hold on.
Losing two trades in a row and then stopping is something I deeply understand—so many painful lessons.
Small profits and running, big losses and stubbornly holding on—aren't you just giving money to the exchange?
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MevHunter
· 12-27 04:19
It's the same old story, wake up everyone, stop-loss is a painful lesson.
Admit defeat first, then talk about making money. Retail investors really won't last long if they don't understand this.
That's right, every time they die when they should have exited and still greed.
People dreaming of quick money see their accounts shrink the fastest.
Small positions last longer, and this time it finally hits the mark.
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NftRegretMachine
· 12-27 04:19
It's the same old story, I've heard it too many times. But to be honest, stop-loss is indeed the key, many people die right there.
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Make a few points and run, hold tightly when losing, I've seen this operation too many times, and the ending is always the same.
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The suggestion of a 10% position size is fine, but the hardest part is execution.
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Feeling like opening a position is purely gambling, I deeply understand this.
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"How to end is more important than how to start," this phrase is worth engraving in your mind.
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Stop after two consecutive losses, it's easy to say but really hard to do.
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Ultimately, it's a matter of self-discipline. The market is like this; the key is whether you can stay calm.
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If you get the direction wrong, admit defeat. It's a hundred times better than holding on to a losing position, just the psychological hurdle is tough.
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A 1:2 risk-reward ratio sounds good, but few can really stick to it.
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So in the end, it's still about who survives longer, not who makes the most money.
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PumpAnalyst
· 12-27 04:15
That's true, but most people simply can't do it. They remain bearish, but as soon as the price rises, they chase the high.
View OriginalReply0
DYORMaster
· 12-27 03:51
I have learned my painful lessons about stop-loss; it's not just talk. Losing two trades in a row was an eye-opener.
#数字资产市场动态 Contract trading—people are always asking me if I have some secret that allows me to make steady profits U just by turning the faucet on and off. My answer has never changed: Don’t dream. Instead of figuring out how to make money, think first about how to lose. $ICNT
**Plan your exit before opening a position**
Watching accounts rapidly shrink, nine out of ten times it’s not because they chose the wrong direction, but because they never planned "when to exit." This is the most common and deadly mistake.
The stop-loss line must be respected: if support breaks, get out; if a single loss reaches 2% of the principal, get out. Traders who ignore stop-losses will ultimately become market casualties. No exceptions.
Profit-taking requires action: set your target at twice the distance of your stop-loss (a 1:2 risk-reward ratio), or take profits gradually. Profits are hard-won; treat them with respect.
**Holding onto small gains and stubbornly holding onto losses is the biggest self-destructive move for retail traders**
What is contrarian trading? It’s when you get impatient and cut your position after earning a few points, but hold onto losing trades stubbornly. This "cautious" behavior may seem smart, but in reality, it accelerates the account’s death spiral. Over time, the account just keeps falling.
What you should do is this:
Admit defeat immediately if you’re wrong—that’s not failure, that’s trading costs, like operational expenses in business. Letting go is not weakness; it’s rational.
Let profits run while the trend is still alive; don’t rush to lock in gains. When the trend signals reversal or ends, take your profits. Master these two extremes.
**Trading is about planning, not inspiration**
Relying solely on intuition to open positions is like handing your account over to dice. Long-term successful traders don’t rely on prediction skills; they rely on strict risk management.
Position control: never risk more than 10% of your total capital on a single trade. It may seem conservative, but it’s the insurance against a big market swing wiping you out.
Emotional control: set a maximum number of trades per day, and stop immediately after two consecutive losses. Don’t turn into a gambler. Calm traders last longer; hot-blooded traders burn out faster.
Contract trading never requires perfect prediction, but it demands calmness. Those who manage to climb out of lows rely not on luck or inspiration, but on strict "how to end" rules. From the moment you see that "exit rules" are more important than "entry judgment," the market’s temperament will noticeably soften.