I used to be that "retail investor who buys high and sells low." Three years ago when I first started, I would stare at the candlestick charts every day with my heart racing. Whenever I saw a coin suddenly surge, I would FOMO in crazily, only to end up buying at the peak; as soon as there was a slight drop, I would panic and cut my losses, perfectly missing the rebound. During that time, my account felt like a roller coaster, and so did my mood.
The change begins with "stopping." Until after a major loss in my investment, I forced myself to review my trades. I realized that I had always been "chasing trends" but never truly "understanding trends." So I began to calm down and learn the basics: what is supply and demand? What is position management? How to identify effective breakouts? I browsed informative posts on Gate.io and watched @BitcoinMaster analyze the logic of "trends and levels," and slowly understood: the market is never short of opportunities; what it lacks is patience.
My trading philosophy is very simple now. 1️⃣ Follow the trend: No longer get caught up in whether "tomorrow will rise or fall," but rather look at the weekly and monthly trends, and only engage in mid-term segments with high certainty. 2️⃣ Look for entry points: Pre-draw support/resistance levels, place pending orders, and avoid emotional chasing of price increases. 3️⃣ Enter at signal: Learn to wait with an empty position, just like a hunter focusing on prey, never taking action until the optimal strike point.
Heartfelt Words for Newbie Villagers Losing money is not terrifying; what is terrifying is losing confidence. Every failure is a tuition fee; the key is to transform that tuition fee into knowledge. Keep a detailed trading journal and communicate with fellow traders in the Gate Square—you will find that the pitfalls everyone encounters are so similar, and growing together can really help avoid detours.
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I used to be that "retail investor who buys high and sells low."
Three years ago when I first started, I would stare at the candlestick charts every day with my heart racing. Whenever I saw a coin suddenly surge, I would FOMO in crazily, only to end up buying at the peak; as soon as there was a slight drop, I would panic and cut my losses, perfectly missing the rebound. During that time, my account felt like a roller coaster, and so did my mood.
The change begins with "stopping."
Until after a major loss in my investment, I forced myself to review my trades. I realized that I had always been "chasing trends" but never truly "understanding trends." So I began to calm down and learn the basics: what is supply and demand? What is position management? How to identify effective breakouts? I browsed informative posts on Gate.io and watched @BitcoinMaster analyze the logic of "trends and levels," and slowly understood: the market is never short of opportunities; what it lacks is patience.
My trading philosophy is very simple now.
1️⃣ Follow the trend: No longer get caught up in whether "tomorrow will rise or fall," but rather look at the weekly and monthly trends, and only engage in mid-term segments with high certainty.
2️⃣ Look for entry points: Pre-draw support/resistance levels, place pending orders, and avoid emotional chasing of price increases.
3️⃣ Enter at signal: Learn to wait with an empty position, just like a hunter focusing on prey, never taking action until the optimal strike point.
Heartfelt Words for Newbie Villagers
Losing money is not terrifying; what is terrifying is losing confidence. Every failure is a tuition fee; the key is to transform that tuition fee into knowledge. Keep a detailed trading journal and communicate with fellow traders in the Gate Square—you will find that the pitfalls everyone encounters are so similar, and growing together can really help avoid detours.
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