I've been in the crypto space for six years, experiencing various surges, retracements, greed, and fear, going through crashes like 312 and 519, never giving up, always holding on, until at the end of 21 I multiplied my principal by 20 times and cleared my position. After three years, I'm back in the crypto space to share my trading insights from these past years!
The consistency in trading may be the most important thing for me.
It's that kind of attitude where, regardless of whether the market is tumultuous or calm, you completely abandon the influence of your emotions and operate strictly according to the plan.
How to achieve a heart as solid as a rock?
Those who have done it should understand how to do it; those who haven't done it have only one reason: lack of confidence.
Fear comes from lack of confidence; fear leads to distorted operations; distorted operations result in losses that should have been lost and missed profits, leaving you confused in the end.
So, where does this confidence come from?
My experience is:
Must have a system
Must conduct tests both inside and outside the sample
Must lower expectations by 70%
Definitely do not pursue perfection too much
Before entering the market: test the system repeatedly across various cycles, varieties, and positions until there is no reason not to enter, until you feel you can accept that outcome, and arrange the maximum loss limit that you can bear.
After entering the market: operate strictly according to the plan, whether losing or earning, let it be.
Here, letting it be is definitely not that kind of Buddhist mindset, that kind of indifference, but rather a calm acceptance after doing your utmost.
The 'doing my utmost' before entering the market leads to my 'let it be' after entering the market.
It is precisely this 'let it be' mentality after entering the market that ensures the consistency of trading and makes it 'possible' to achieve the results you want.
Trading is a lonely road; if you are also interested in it, I can send you a summary of my trading insights from these years! Helping one is better than none.
