JIGGYJOSH

Why do beginners lose more the harder they try? After 8 years of trading, I discovered a heartbreaking phenomenon: the harder beginners study and the more frequently they operate in the contract market, the faster they lose money.

A fan told me that he studies candlestick charts until the early morning every day, memorizing various technical indicators, yet he lost 50% in a month. He doesn't understand why, despite his hard work, he still can't make money.

The answer is quite simple—the market is not for "guessing"; it is for "following".

In these 8 years, I have seen too many beginners fall into the "effort trap": learning a bunch of indicators, drawing countless lines, thinking they have mastered the "secret to making money", only to find that when the market fluctuates, all their analysis goes to waste. Why? Because the essence of the market is capital competition, it's a contest between large institutions and retail investors, and not something that a few moving averages can predict.

The biggest misconception beginners have is thinking they can "defeat the market". In reality, the market is always right; it’s your judgment that is wrong. The value of professional traders is to help you avoid "self-satisfied effort" and to directly follow the true direction of the market.

In the contract market, it's better to find the right people than to work hard without direction. By following knowledgeable people, you won't have to stay up late studying or get stuck on entry points; you just need to trust the professionals to reap the benefits of the trend.

This is not a motivational speech; this is 8 years of hard-earned lessons. $ETH

Trading cryptocurrencies for over a year, yet you haven't made 1 million❓
After reading this, if you still haven't made it, feel free to come find me.
I have been trading cryptocurrencies for eight years and have accumulated a profit of 50 million. Today, I will share with you ten experiences I have summarized from my journey, including the pitfalls I've encountered, the positions I've blown, and the losses I've suffered, until achieving financial freedom.
1. If your capital is not large (for example, within 200,000), don't always think about operating at full position. As long as you catch one main upward wave in a year, it's enough. Before the market comes, patience is your strongest weapon.
2. People can never earn money beyond their understanding. Before trading with real money, practice your mindset and courage with a simulated account. A simulated account allows you to fail an unlimited number of times, but in a real account, one major mistake could lead to being forced out.
3. Remember: good news hitting the market is bad news. If significant good news is not released on the day it occurs, and the next day opens high, it's advisable to sell promptly; otherwise, it’s easy to be trapped.
4. Be vigilant during holidays. History has repeatedly proven that reducing positions or even going to cash before holidays is a wise move; "holidays must drop" is not just a saying.
5. The essence of medium- to long-term trading is to retain enough cash, sell high and buy low, and operate in a rolling manner. Don’t always think about eating all at once; that’s a game for the big players, not a dream for retail investors.
6. For short-term trading, only choose cryptocurrencies with active trading volume and significant price fluctuations. Don't touch the inactive ones; they waste your time and wear down your mindset.
7. If the market is slowly declining, rebounds will be very frustrating; but if the decline accelerates, rebounds often come faster. It's important to catch the rhythm.
8. If you buy wrong, you must admit it and cut losses immediately. As long as the principal is still there, opportunities will always exist—this is the foundation of survival.
9. If you're doing short-term trading, definitely look at the 15-minute candlestick chart more often, combined with the KDJ indicator, which can help you find many golden buy and sell points.
10. The techniques for trading cryptocurrencies are countless; you don't need to master them all. Mastering one or two methods is enough; the key is to practice them to perfection.
Each of these ten points is a lesson I paid for with real money. Avoiding detours is, in itself, a way to make money.
If you are still wandering in confusion, I can help you break out of the predicament!#BNB new high #ETH走势分析