Share some trading insights:

1. Simplify trading: Moderation in trading is key. Many traders often overdo it, overanalyzing, interpreting, pondering, and acting. Learn to be appropriately 'lazy'; the favorable signals in the market are limited, and most are noise. It is essential to filter out useless information and sift out 'high-quality signals.' At the same time, learn from hedge fund traders' mindset and stay away from misleading opportunities.

2. Set take-profit and stop-loss before entering a trade: Traders must set their own rules and take responsibility for their actions. Exiting a trade is more important than entering; most people exit impulsively, leading to small profits or large losses. Establishing a strict take-profit and stop-loss plan can help maintain calm and reduce emotional interference in decision-making.

3. Avoid worthless trades: Trades with disproportionate risk to profit often stem from blind and frequent operations, leading to a cycle of losses. Traders who enter trades blindly harbor a sense of luck, ignoring risks, while professional traders plan in advance. Worthless trades, due to shallow understanding and arbitrary decision-making, do more harm than good for growth.

4. Maintain high discipline: Discipline is crucial for trading success, which involves adhering to rules and principles, managing risks, achieving goals, and avoiding emotional disturbances. It is recommended to strictly follow the plan, not to get lost in market fluctuations, and to improve efficiency and stability.

5. Step away from the trading desk at the right time: Keeping a distance from the market is a wise strategy, as overtrading can damage capital. Use larger time frames to examine trends; daily charts are the first choice for technical analysis, as they can eliminate distractions and efficiently utilize opportunities.

As a seasoned cryptocurrency investor, I, Tu Fei, share my experiences and insights. Interested in the crypto world but don't know where to start? Click on my profile picture to see a brief introduction, and let's witness miraculous moments together.