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Don't remind me again today

You might not believe it when I say this, but I really started making money when I gave up those flashy technical indicators.



I used to study candlestick patterns, wave theory, and the Chande theory every day, staring at the screen until my eyes hurt. And what was the result? Three liquidations, losing so much that I started to doubt my life. At that time, I thought I was very professional, analyzing a lot, but in reality, I was just giving money to the market.

The turning point came quite suddenly. One day I decided to lie flat and thought, forget about those complexities. I used the simplest method - chasing breakouts, and as a result, my account rose from 7700U all the way to 140,000U. Looking back now, sometimes a simple and straightforward approach can actually be the most effective.

I am now focusing on one point: **breakthrough**.

I don't touch the market when it's in a sideways fluctuation; that kind of volatile market just slaps you in the face back and forth. Once the price breaks a key level, I immediately follow up. False breakout? Cut losses and walk away. True breakout? Then just hold on with peace of mind. Hesitate for a second, and the opportunity is gone.

I have also changed my position management. In the past, I always thought about going all in for a big win, but now I only use 20% of my funds each time. If I make less profit, that's fine; at least I won't suffer a huge loss all at once. If I make a profit, I exit; if I incur a loss, I take a break, and I absolutely won't do the opposite operation when I'm feeling emotional.

Others might make over ten trades a day, while I might only have two trades a week, but in the end, my account grows just as fast as theirs. Strategies that can't be achieved are useless no matter how hard you think about them; staying steady is the real skill.

Another insight: only trade in markets you understand.

I used to think about buying the dip and selling the top, but now I realize that it’s just gambling. When the market rises, I chase the ups; when the market falls, I short it. I just follow the trend. I don’t try to predict what tomorrow will be like; the best profits come when the trend continues.

I'm not a trading genius; I just simplify my strategies to the point where they can't be simplified anymore, and then stubbornly execute them. The market rhythm is there; just keep up with it. Fooling around will only make things more chaotic.

The most painful part is groping in the dark, but the light is always ahead; it just depends on whether you are willing to walk in that direction.

LSK CC STO
LSK23.81%
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CCTVComprehensivevip
· 11-13 01:08
👍👍👍
Reply0
StylishAndTrendyvip
· 11-12 22:44
What you said is the hard truth of surviving in the crypto world, but how many people truly understand and can do it? If everyone could do it, then who would be losing money—capital? That's impossible! Their quantitative trading, big data, and time costs are all beyond the reach of retail investors.
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FlashLoanPrincevip
· 11-12 19:20
Ah, lying flat has actually made a lot of money.
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DeepRabbitHolevip
· 11-12 19:16
Only by being steady can one seek progress. Earning like this is the right way.
View OriginalReply0
NFT_Therapyvip
· 11-12 19:11
Actually, lying flat turned out to be a huge win.
View OriginalReply0
SchrodingerAirdropvip
· 11-12 18:55
Making money is just about not overthinking it! Just do it.
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