I used to make countless detours in trading as well.
Watching the charts every day, drawing lines, studying various theories, thinking I was a pro, only to be liquidated three times in a row, with my account shrinking more and more.
Later, I completely changed my approach, abandoning all complicated techniques, and only used the simplest method in the crypto world. It’s this extremely simple set of rules that gradually grew my account from 1,700 USD to 130,000 USD.
The method is not complicated at all, with just three core points, but they must be executed properly:
First, only trade true strength. Don’t guess the shakeouts, don’t try to identify false breakouts or false moves, just watch for effective breakouts. When it breaks out, follow it; if wrong, exit. No fighting, no hesitation. Trade the trend, not predictions.
Second, always keep a light position. Never risk more than 20% on a single trade, take profits gradually, and cut losses decisively. Don’t add to losing positions, don’t hold on stubbornly, and avoid emotional revenge trading. In the market, survival is more important than overnight doubling.
Third, only follow the trend, don’t try to catch the bottom. Buy long in an uptrend, sell short in a downtrend, no pre-judging, no fighting against the trend. Just follow the clearest direction and earn the profits you can understand and hold onto.
While others might make ten trades a day, I might only do one or two a week, but my account becomes more stable over time.
It’s not that I’m particularly skilled; I just no longer fight the market. The real winners in crypto are never the best analysts, but those who can stick to simple rules and execute them to the end.
What you lack is never technique, but discipline and patience. Stop messing around with fancy tricks. Stick to the “simple method” for a month, and the results will make you see trading in a new light.
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I used to make countless detours in trading as well.
Watching the charts every day, drawing lines, studying various theories, thinking I was a pro, only to be liquidated three times in a row, with my account shrinking more and more.
Later, I completely changed my approach, abandoning all complicated techniques, and only used the simplest method in the crypto world.
It’s this extremely simple set of rules that gradually grew my account from 1,700 USD to 130,000 USD.
The method is not complicated at all, with just three core points, but they must be executed properly:
First, only trade true strength.
Don’t guess the shakeouts, don’t try to identify false breakouts or false moves, just watch for effective breakouts. When it breaks out, follow it; if wrong, exit. No fighting, no hesitation. Trade the trend, not predictions.
Second, always keep a light position.
Never risk more than 20% on a single trade, take profits gradually, and cut losses decisively. Don’t add to losing positions, don’t hold on stubbornly, and avoid emotional revenge trading. In the market, survival is more important than overnight doubling.
Third, only follow the trend, don’t try to catch the bottom.
Buy long in an uptrend, sell short in a downtrend, no pre-judging, no fighting against the trend. Just follow the clearest direction and earn the profits you can understand and hold onto.
While others might make ten trades a day, I might only do one or two a week, but my account becomes more stable over time.
It’s not that I’m particularly skilled; I just no longer fight the market.
The real winners in crypto are never the best analysts, but those who can stick to simple rules and execute them to the end.
What you lack is never technique, but discipline and patience.
Stop messing around with fancy tricks. Stick to the “simple method” for a month, and the results will make you see trading in a new light.