To achieve long-term profits, there are several key points:
1. Control your desires; do not listen to people telling stories. Choose reputable platforms and reliable teachers. A good mindset is more important than anything else.
2. Trade with the trend; only engage in the right market conditions and cycles. If you do not have a 70% certainty, it is better not to trade.
3. Control your position reasonably; only by controlling your position can you have a stable chance of profit. Otherwise, even if your account has had profits, in the end, it will lead to total failure.
4. Always set stop-loss orders when entering the market. In the cryptocurrency market, generally, a stop-loss of 50-100 points is appropriate. Not setting a stop-loss means that with every trade you make, your account could potentially face a fatal loss.
As a beginner: Respect the market, follow the market, and adapt to the market!
