To be successful in the cryptocurrency world, you need not only to understand chart analysis and trading techniques, but also to be able to implement your trading logic stably and master the ability to trade. So how can you master the ability to trade? Start with three aspects: Choice and trade-off When choosing a trading system, you may feel confused, thinking that each system has its advantages and disadvantages and unable to make a decision. However, trading requires patience and trade-offs, and only by giving up something can you gain something else. The difficulty is that you cannot choose and give up. Even if you can afford the cost and loss, you are reluctant to miss the opportunity and are only willing to give up bad trades, not good trades. Reduce the number of transactions My principle is to minimize the number of transactions, because: 1. The fewer the number, the easier it is for you to control 2. The execution cost is also lower The trading opportunities given by the market are limited, so you have to learn to make trade-offs. Patience and trade-offs Trading requires patience and trade-offs. Only by giving up can you gain. Give up some transactions and focus only on those opportunities that really fit your trading logic and strategy. Only by giving up some transactions can you focus on those truly profitable opportunities. Conclusion Mastering the ability to control transactions and executing your trading logic can achieve consistent success in trading. Remember, trading requires patience and trade-offs.
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