The secret to my making money is to deeply study how to "lose money".



I have a special notebook that specifically records all my failed trades. Over the years, I have discovered an astonishing pattern: 90% of my losses come from a few limited, repeated error patterns.

My three major "loss patterns" and how to break them:

1. "FOMO chasing the high" mode: The symptom is seeing a rocket launch and recklessly jumping in. Solution: Establish a "high chasing restricted area"; any coin that has risen over 5% will not be opened for trading.
2. "Catching the Falling Knife" Mode: The symptom is trying to catch the falling knife, firmly believing that "it has already hit the bottom." Solution: Introduce "Right-side Confirmation," and only act when a clear reversal candlestick pattern (such as a Morning Star) appears on the daily chart.
3. "Lucky Loss" Model: The symptom is that when the stop loss is about to be triggered, the stop loss position is manually moved further away. Solution: Once the rules are set, place physical orders and never manually modify them during trading.

By focusing on fixing these fatal patterns, your capital curve will naturally rise. #PI #BTC #ETH #GT #DOGE
SOL-6.89%
HYPE-5.91%
XRP-5.18%
ETH-5.37%
BTC-3.17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)