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Want to stay in the crypto world, first throw away your feelings.
Below is my survival manual earned through liquidation, cutting losses, and insomnia.
**First, cut losses harshly, don’t hold on stubbornly.** The cost of waiting for a rebound to liquidation is too painful; stop immediately at the stop-loss point.
Admitting loss is better than holding on to death, which can preserve your principal.
**Second, if you make several wrong trades in a row, stop immediately.** When the market is chaotic, make a few wrong trades, don’t move at all that day.
Look again the next day; when the market is clear and rational, you can avoid pitfalls. $BTC
**Third, take half of the profit once it reaches a certain amount.** The numbers on your account are not money.
Take half of each profit first; profits are the real chips.
**Fourth, only trade trends, avoid oscillations.** High leverage can amplify profits in a trend, but in oscillations, it’s a meat grinder.
Trade only when the trend is clear; wait if it’s not.
**Fifth, keep your position small.** High leverage can make quick money, but longevity depends on position size.
Use only small funds to enter each trade; don’t let your position control your emotions. $ETH
These are not learned overnight; they are lessons learned through repeated losses.
Whether you’re a beginner or an experienced trader, set your survival rules so you can last longer and go further on this uncertain path.
Remember: surviving is the only way to have a chance to win. #TradFiCFD黄金大师赛 #Gate现货交易量增幅全球第一 #SpaceX市值超越微软跻身全球前五