The most important thing in trading is to find your own trading rhythm. Everything else is empty. Just like playing basketball, if you get the feel, you can score every time. If you get your own trading rhythm, you can make money in almost every transaction.
Contracts are a testing ground for human nature*. Sometimes after multiple consecutive losses, it is easy to get carried away and take a large position or hold orders against the trend. These are mistakes that are made due to human nature.
Trading is often anti-human, and full-time trading requires overcoming more pain, misunderstanding, and loneliness. Also, don't deny yourself, slowly find your own trading rhythm, don't be whimsical when things go well, and don't belittle yourself when things go badly.
It took me nearly two years to truly earn my first pot of gold in the crypto world. I got involved in crypto futures trading in 2018, and at that time, I was fearless. Relying on my own capabilities, I lost over 800,000 in half a year while still working. Most of it was my savings, but I didn’t dare let my family know because they didn’t understand or support me from the start. I felt that the most painful part wasn't how much I lost, but the feeling of loss itself, the negative emotions under long-term pressure made me feel gloomy.
For more than a year, I continued to earn and lose, but became increasingly familiar with BTC's trends, gradually forming my own trading sense and rhythm. Perhaps due to good luck, in the bull market of 2020, with the surge of BTC, my trading system also matured day by day, and my intraday swing trading points became more precise, while my emotional control significantly improved. This year, in addition to recovering previous losses, I made an additional nearly 800,000 USDT. Until now, my trading strategy has been to trade with 30,000 USDT, withdraw once it doubles, and after experiencing a liquidation, take a break, adjust, and continue trading by depositing more funds. This approach is also a way of capital risk control. In terms of operations, I only trade intraday, resolutely avoiding overnight positions and holding onto losing trades to prevent getting caught in massive market movements.
After trading full-time for 20 years, I have gained more insights into this market; truly, a day in the crypto world is like a year in the human world. The market experiences cycles of bulls and bears; as long as there are fluctuations, one can make money by engaging in certain swings, regardless of whether it's bullish or bearish. Sometimes, one must try to avoid letting subjective judgments interfere with the objective trends of the market, because too much subjective judgment can lead to holding onto losing positions when the market moves against them. Therefore, it’s best to trade in the direction of the market's movement. The opportunities in the market are actually limitless; as long as one tries to avoid making the same mistakes repeatedly, such as holding onto losing positions or over-leveraging against the trend, one can preserve their capital and definitely make profits in the market.
It's already my fourth year in the crypto world, and I'm still trading with some profits, but my mindset has changed. I've become more indifferent to many things and have grown to love life more, enjoying the simplicity.
I wish you also achieve your capital accumulation in the crypto world, and feel free to connect on my homepage.
