Why do contracts always get caught in pitfalls? Going long when prices fall, going short when prices rise—do you do the same? The real reason is simple: trading is entirely based on feelings, with no solid plan.

An experienced crypto trader once shared her insights. She entered the market at 30 and took 8 years to grow her account to eight figures, using just a few "simple rules." It sounds easy, but execution is the key.

**Money management is the first line of defense.** Divide your capital into 5 parts, and only use 1/5 for each trade. Set a stop-loss at 10 points—limiting each loss to a maximum of 2% of your total funds. You can afford to lose 10% after 5 consecutive losses. As for take profit, aim for at least 10 points to exit, ensuring you won't get stuck in a position.

**Follow the trend to survive.** Any rebound in a downtrend is a trap—don't try to catch the bottom. Only pullbacks in an uptrend are genuine buying opportunities. In simple terms, the probability of making money from buying dips is much higher than trying to catch the bottom.

**Avoid coins that surge short-term.** Whether it's mainstream coins or small-cap tokens, a short-term frenzy indicates a top has formed. After a stagnation at high levels, prices will inevitably fall. Traders holding onto the hope of "taking a gamble" often end up holding the bag.

**How to read technical indicators?** MACD is a useful tool. When DIF and DEA cross above the zero line and break through zero, it's a relatively safe entry signal; conversely, a death cross below the zero line suggests reducing your position.

**Volume-price relationship is the soul of the crypto market.** A volume breakout during consolidation at low levels warrants close attention; if high volume occurs at a high level but prices stagnate, it's time to exit—don't hesitate.

**Moving averages tell you the trend direction.** A 3-day moving average trending up indicates short-term bullishness; a 30-day moving average rising shows mid-term improvement; only when the 84-day moving average is up does the main upward wave begin; a rising 120-day moving average indicates a long-term bullish trend. Focus only on coins in an uptrend to maximize your chances and save time.

**Weekly review is essential.** Spend some time each week checking if your trading logic still holds, whether the weekly K-line looks right, and if the overall trend has changed. Adjust your strategy accordingly. The market evolves, and so should your plan.

This approach isn't mysterious—it's a combination of money management, trend following, and disciplined execution. The key is whether you can stick to it, especially under greed and fear. Most people lose money because they lack this discipline.