Ten years of losing once is not as good as earning ten times in a year.

I spent the tuition of ten margin calls before I finally grasped the pulse of this market. Now I have quit that dream-like trading method—staring at the charts all day, chasing highs and selling lows, relying on intuition to place orders. Instead, I’ve adopted a more calm and rational approach.

**Timing is crucial for entering the market**

In the past, I followed various false news all day, getting cut to pieces by the market makers. Later, I realized that news only stabilizes after 9 PM, and the candlestick charts are less likely to be manipulated. Once the trend is confirmed, it becomes clearer. Entering at this time reduces the risk of being cut.

**Act immediately after making money**

The rule is simple: when you earn 1000U, transfer 300U to your bank account immediately, and keep the rest for trading. I’ve seen too many people triple their profits and then try for five times, only to give everything back in a sudden crash. Now, I consistently take 30% profit every Friday, and my wallet is getting fatter. This is the secret to longevity in trading.

**Indicators don’t lie, only feelings do**

After installing TradingView on my phone, my trading skills have definitely improved. I focus on three things:

• MACD golden and death crosses (signals when two lines cross)
• RSI overbought and oversold zones (above 70 is a warning, below 30 is a potential opportunity)
• Bollinger Band width (a sudden expansion after tightening indicates a big move)

The key is not to rely on a single indicator. I only place trades when at least two signals agree, which greatly improves my hit rate.

**Learn to be flexible with stop-loss**

When watching the market, if I make a profit, I move the stop-loss up. For example, if I bought at 1000 and it rises to 1100, I move the stop-loss to 1050 to lock in a 50U profit. But if I need to go out, I set a strict 3% stop-loss to prevent a sudden dump by market makers in the middle of the night.

**Two essential rules for reading candlesticks**

When trading on the 1-hour chart, wait for two consecutive bullish candles before entering. If the market is sideways, switch to the 4-hour chart to find support levels (price levels that won’t fall further), then enter when close. This method significantly increases accuracy.

**Avoid these pitfalls at all costs**

• Never use leverage over 10x, beginners should cap at 5x
• Don’t touch meme coins like Dogecoin or Shitcoin; 99% will go to zero
• Limit yourself to three trades per day; overtrading will cloud your judgment
• Never borrow money to trade; high pressure distorts your actions

**Final heartfelt advice**

Now I treat crypto trading like going to work—shut down when it’s time, eat and sleep properly. I only watch the charts for three hours a day, and I’m more stable in profits. Looking back, the old method of staying up all night chasing highs and lows was just plain stupid—those market makers love reckless traders like that.

All these lessons come from ten margin calls. By the way, ordinary people should avoid futures contracts; spot trading can also be profitable with much lower risk.