Seeing many people around me getting burned in the market, I truly feel heartbroken. To be honest, making money is possible, but losing money—if you know a few tricks—can definitely be controlled. Recently, I’ve整理了一些交易心得,跟大家分享一下:
**Don’t rush to chase highs**
Market fluctuations come and go, and chasing after the high can easily lead to deep traps. Regarding the previous highs and lows of a coin, if it’s beyond half of that range, don’t follow the trend—up and down are about 50/50, and it feels like riding a roller coaster mentally.
Imagine a coin normally fluctuates 100 points daily, and it has already moved over 50 points. Is it still worth entering? A sudden pullback could catch you off guard at any time. The smart approach is: if you’re optimistic about the future, consider using Bollinger Bands(boll) to gauge the trend. When the price touches the upper band, decisively don’t act; instead, wait until the price pulls back to the lower band, middle band, or the 10-day moving average before considering entering.
**Taking a hit, patience is key**
You must wait for the market to stabilize thoroughly before taking action. What does stabilization look like? You need to monitor the charts and summarize yourself. Patterns like rounded tops, rounded bottoms, or secondary lows are potential signals. But one thing to recognize clearly: V-shaped reversals—rapid turnarounds—are the minority, so don’t overthink them.
A reminder here: if a consolidation pattern appears in the middle of the previous high and low on the 1-hour chart, it’s likely a continuation pattern, not a reversal. Recognizing this can save you a lot of losses.
**Avoid the "dead time"**
After 2:30 PM and after 10:30 PM, it’s best to avoid trading windows. The day’s trading activity is basically winding down, volume is sluggish, and it’s rare to see big moves. The market direction is also vague and unclear.
**Keep an eye on volume, the “teacher”**
Before acting, always check the 5-minute volume. Think about it—retail traders, when there’s no big news, can they produce such heavy volume bars? No, it’s definitely the whales manipulating.
The most classic signal is when moving averages stick together, and suddenly, volume jumps in a stair-step manner—this is worth paying attention to. Conversely, if the candlestick pattern is followed by sluggish volume, it’s a red flag.
**Risk management, pay attention**
When you’re unsure about the market, don’t rush into a position. Don’t treat stop-losses as entry tickets. Have a clear reason for entering in your mind. Once in, set a tight stop-loss. If you get hit, but your original logic still holds, wait for a better opportunity to re-enter and add to your position.
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SmartContractPlumber
· 23h ago
Regarding trading volume, the author explains it reasonably well, but there are very few who truly understand. I've seen too many people dance around the moving averages, only to be cut off by the market maker with a quick counter move, without even realizing if there are any issues with the subsequent permission calls.
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AirdropworkerZhang
· 01-06 22:20
Chasing high is just giving away money. I've really suffered losses from this before. Now I won't touch it unless it hits the trend line.
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NFTHoarder
· 01-06 04:50
Chasing the high is just asking for death, there's really no mistake in that. Several friends around me lost money this way, and now they don't dare to touch cryptocurrencies anymore.
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JustHereForAirdrops
· 01-06 04:47
Chasing highs is really the end of the line; every time, it's the fate of the bagholder.
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TrustlessMaximalist
· 01-06 04:46
Oh, I've understood this theory a long time ago. The key is execution, as most people fail at the step of chasing highs.
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BearMarketSurvivor
· 01-06 04:40
Chasing high really is just giving money to the market makers, I see people getting caught up every time.
Everyone's right, but executing it is something no one can do; we all know we're smart.
I've used the Bollinger Bands strategy before, and it definitely helps avoid many pitfalls.
I also noticed that time slot at 2:30 PM — it's all fake breakouts, so frustrating.
Trading volume is the real teacher; it can't be fooled.
I've previously fallen into risk control mistakes, but now I've learned to be smarter.
Waiting patiently is how to make money; never chase high, remember that firmly.
If you can do these points well, you probably won't lose much anywhere.
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TeaTimeTrader
· 01-06 04:30
Chasing high leads to death, and this is true. Many people around me are just greedy, insisting on chasing until they scalp, only to get trapped tightly. The article also makes a lot of sense, especially the usage of the Bollinger Bands, which indeed helps avoid losses.
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TestnetFreeloader
· 01-06 04:26
Those who chase high all end up losing. This time I finally understand—damn, chasing just leads to deep losses.
Seeing many people around me getting burned in the market, I truly feel heartbroken. To be honest, making money is possible, but losing money—if you know a few tricks—can definitely be controlled. Recently, I’ve整理了一些交易心得,跟大家分享一下:
**Don’t rush to chase highs**
Market fluctuations come and go, and chasing after the high can easily lead to deep traps. Regarding the previous highs and lows of a coin, if it’s beyond half of that range, don’t follow the trend—up and down are about 50/50, and it feels like riding a roller coaster mentally.
Imagine a coin normally fluctuates 100 points daily, and it has already moved over 50 points. Is it still worth entering? A sudden pullback could catch you off guard at any time. The smart approach is: if you’re optimistic about the future, consider using Bollinger Bands(boll) to gauge the trend. When the price touches the upper band, decisively don’t act; instead, wait until the price pulls back to the lower band, middle band, or the 10-day moving average before considering entering.
**Taking a hit, patience is key**
You must wait for the market to stabilize thoroughly before taking action. What does stabilization look like? You need to monitor the charts and summarize yourself. Patterns like rounded tops, rounded bottoms, or secondary lows are potential signals. But one thing to recognize clearly: V-shaped reversals—rapid turnarounds—are the minority, so don’t overthink them.
A reminder here: if a consolidation pattern appears in the middle of the previous high and low on the 1-hour chart, it’s likely a continuation pattern, not a reversal. Recognizing this can save you a lot of losses.
**Avoid the "dead time"**
After 2:30 PM and after 10:30 PM, it’s best to avoid trading windows. The day’s trading activity is basically winding down, volume is sluggish, and it’s rare to see big moves. The market direction is also vague and unclear.
**Keep an eye on volume, the “teacher”**
Before acting, always check the 5-minute volume. Think about it—retail traders, when there’s no big news, can they produce such heavy volume bars? No, it’s definitely the whales manipulating.
The most classic signal is when moving averages stick together, and suddenly, volume jumps in a stair-step manner—this is worth paying attention to. Conversely, if the candlestick pattern is followed by sluggish volume, it’s a red flag.
**Risk management, pay attention**
When you’re unsure about the market, don’t rush into a position. Don’t treat stop-losses as entry tickets. Have a clear reason for entering in your mind. Once in, set a tight stop-loss. If you get hit, but your original logic still holds, wait for a better opportunity to re-enter and add to your position.