欧易编辑部

欧易编辑部

币圈摸爬滚打多年，主修空投0撸，辅修Meme冲狗，偶尔兼职链上淘金。欧易、币安、火币三个交易所轮着薅，交易日记写到手软，只想在加密世界里，不靠本金也能赢在链上。
HomeArchives

20 Trading Rules Every Web3 Cryptocurrency Trader Must Know

#币安实名认证#欧易账户间划转#Gate常见问题#欧易手机版本下载#欧易现货交易入门24
AI Translation
This post is translated from Chinese into English through AI.View Original
AI-generated summary
The document outlines 20 key insights from an A8 trader, emphasizing essential trading principles. 1. Quickly exit a trade if you make a wrong judgment to preserve capital for future opportunities. 2. Many traders incur losses due to impatience, leading to hasty decisions without waiting for clear market trends. 3. After significant losses, traders often try to recover quickly, which can lead to further losses; instead, they should reduce trading size or pause to rebuild confidence. 4. Wait patiently for profitable market conditions and exit decisively if the market moves against your predictions. 5. Hold quality positions and minimize poor ones; many profitable traders lose due to impatience with winning trades. 6. Frequent trading is a common mistake; traders should wait for the right opportunities rather than react impulsively. 7. Successful traders prepare thoroughly before entering a trade and avoid complacency after profits. 8. Impulsive trading leads to the worst outcomes; stick to established signals and control risks by limiting losses. 9. Maintain composure during trading; reduce losses gradually and pause after significant losses to regain emotional stability. 10. Analyze every trade daily, regardless of profit or loss, to ensure continuous improvement. 11. True experts adhere to trading principles even in extreme market conditions. 12. High win rates come from respecting the market and waiting for the right moments to act. 13. Trading strategies must be adaptable; rigidity can lead to frustration when markets don't align with expectations. 14. Avoid letting profits cloud judgment; remain cautious and disciplined. 15. Focus on risk management and self-discipline, adjusting positions based on market conditions. 16. Stay vigilant, as success can be fleeting; strict self-discipline is crucial. 17. Avoid the gambler's mentality; control losses to no more than 2% per trade. 18. Trading is about timing and rhythm, akin to surfing; focus on the market's flow rather than the reasons behind movements. 19. Follow your trading system consistently, rather than making impulsive changes based on

This is a compilation of 20 insights from an A8 trader, each word is a gem!#

image

Insight One#

If a judgment is wrong, one must exit quickly. As the old saying goes: "While the green mountains remain, one need not fear the lack of firewood." The key is to preserve strength for future regrouping.

Insight Two#

The main reason many traders continue to incur losses is a lack of patience, leading them to ignore trading principles and rush into trades without waiting for clear or manageable market trends.

Insight Three#

Whenever faced with setbacks, there will be inner pain. Most traders, after significant losses, are eager to recover their losses, thus increasing their trading volume in an attempt to turn things around, but this often leads to failure. The correct approach is to immediately reduce trading size or pause operations; the core goal is not to quickly make up for losses but to rebuild trading confidence.

Insight Four#

When profitable market conditions decrease, one must wait patiently; if the market trend completely diverges from predictions, one should decisively exit.

Insight Five#

One must insist on holding quality positions and reduce poor ones. If one cannot hold onto good cards, how can one make up for the losses from bad cards? Many profitable traders eventually incur losses due to a lack of patience in holding profitable trades while being unwilling to stop trading during losses.

Insight Six#

Frequent trading is a common mistake; traders often do not carefully choose their timing and impulsively enter the market at the slightest market fluctuation, which is akin to passive trading rather than actively waiting for good opportunities.

Insight Seven#

The key to a skilled trader's profitability lies in thorough preparation before entering the market. Many become complacent after making profits, leading to frequent trades, and subsequent accumulated losses can result in significant damage, even total loss of capital.

Insight Eight#

The worst trades stem from impulsiveness, and the most destructive mistake is hastily changing strategies. One must act based on established signals and avoid impulsive decisions. The primary principle of risk control is to restrain impulses, learn to anticipate the worst-case scenario, and manage trades in small amounts, limiting each loss to between 1% and 2% of capital.

Insight Nine#

Trading requires maintaining calm. Traders are like boxers; the market can strike hard at any moment. When incurring losses, it indicates an unfavorable situation, and one should not be anxious but gradually reduce losses to protect capital. After significant losses, emotional fluctuations are high; one must reduce trading volume or pause trading and consider new operations only after regaining composure.

Insight Ten#

Whether making big profits or incurring big losses, one must maintain a stable mindset, analyze each trade daily, and check for violations. Successful trading requires reflecting on the reasons for success, while failed trades need to be examined for their root causes. Continuous excellent performance stems from daily attention to each trade.

Insight Eleven#

Most people know trading principles, but true experts steadfastly execute them even in extreme market conditions.

Insight Twelve#

The high win rate of experts comes from their respect for the market, prompting them to choose their timing cautiously. Most people enter the market without waiting for clarity, akin to entering a forest at night; experts wait until dawn to act, not predicting the direction of changes but allowing the market to guide them, only attacking when opportunities are foolproof, otherwise opting out.

Insight Thirteen#

Trading strategies must flexibly respond to market changes. A common mistake is rigidity in strategy, complaining that the market does not meet expectations. Life is inherently full of uncertainties; why demand consistency?

Insight Fourteen#

Do not let profits cloud your judgment. Sustained profitability is the hardest; once one starts making money, the temptation for more arises, leading to neglect of risks and questioning of principles, resulting in self-destruction. Therefore, one must be cautious during losses and even more vigilant during profits.

Insight Fifteen#

In trading, one must learn self-discipline and capital management, relaxing one's mindset during operations. Exit when positions are unfavorable, hold when they are beneficial; the focus should be on reducing losses rather than increasing profits. When operations are not going well, reduce volume or pause; increase trading volume during favorable conditions, and never rush into the market when out of control.

Insight Sixteen#

Trading requires constant vigilance; success can come quickly and leave just as fast, and triumph often brings setbacks. The speed of destruction far exceeds that of construction; ten years of effort can be wiped out in a day, so strict self-discipline must always be maintained.

Insight Seventeen#

Most traders have a gambling mentality, preferring to enter and exit with heavy positions; this habit must change. History has shown that those who trade heavily do not end well, and each loss should be controlled within 2%.

Insight Eighteen#

Chart trading is like surfing; there is no need to know the cause of the waves, just feel the rhythm and seize the timing to become a master.

Insight Nineteen#

During losses, some change systems, some distrust system signals, entering and exiting based on preferences; experts, however, follow the system, trading not for excitement but for victory.

Insight Twenty#

True experts do not compete on how much they can profit in an instant but on their ability to survive and profit over the long term!

Limited-time Benefit — Newcomers Register to Receive a Guaranteed 20+ U Bitcoin Blind Box 🎁#

🎁 Register on mainstream exchanges like OKX, Binance, Huobi, Bitget, Bybit, Gate, Backpack, etc., and bookmark all mainstream exchanges' latest anti-loss domain names on one page 👉🏻: https://mlink.cc

🔥 Solving Access Issues to OKX, Binance, Huobi, and Other Exchanges in Mainland China#

Many exchanges' original domain names may be restricted or slow to access due to overseas servers, leaving ordinary users confused and even questioning platform issues. This is more due to the network environment than service interruptions. To address this, exchanges like OKX and Binance regularly update backup domain names to ensure users can access the official website through alternative addresses.

Can't open the link? Try other domestic mirror lines! 👉🏻 OKX Domestic Backup Domain Line No VPN No Proxy

image

🔥 Related Reading#

2025 China's Top Ten Virtual Currency Trading Platforms Latest Ranking is Out 🔥【Worth Collecting】

【Real Stories of Wealth in the Crypto Circle】Many people ask me, after years of trading, how did I go from 0 to 11 million and then to a debt of 100,000?

🔥 Alpha Finds Useful Tools#

1️⃣ Axiom Dog-Charging Tool https://axiom.trade
2️⃣ Gmgn Dog-Charging Tool https://gmgn.ai
3️⃣ dbot Dog-Charging Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com

Everyone is Searching For#

Latest registration link for OKX, latest registration for Binance, buying Bitcoin domestically, trading exchanges, OKX download registration, domestic OKX recharge, Binance App registration, Binance App download, Binance platform buying tutorial, Binance registration, Binance airdrop registration, Binance Apple download, how to buy President Coin, how to buy Dogecoin, buying Bitcoin with RMB, how to download OKX, web3 airdrop, web3 zero airdrop, Bitget mainland download registration, OKX passport registration, OKX download, Binance download, trading as a side job, OKX contracts, how to recharge RMB on OKX, how to recharge on OKX, how to set up an NFT wallet, how to recharge RMB on Huobi, beginner's tutorial in the crypto circle, btc8848.com, trading contract Tony's mindset, contract leverage bit wave, Defi mining, crypto circle airdrop, can airdrop in the crypto circle still be played, what to do if a contract is liquidated, how to buy President Coin on OKX and Binance, how to buy Ethereum on OKX and Binance, how to play Defi staking mining, can NFTs still be played, how to play web3 airdrop, how to play zero airdrop in the crypto circle, how to hit inscriptions, how to hit runes, beginner's guide in the crypto circle, how to trade cryptocurrencies, can trading cryptocurrencies make money, beginner's tutorial in the crypto circle btc8848.com, can trading cryptocurrencies make money, what is contract leverage, Defi mining, how to play airdrop in the crypto circle, OKX Binance airdrop, node staking, liquidation, financial freedom, night investment heiyetouzi.xyz

Loading...
Ownership of this post data is guaranteed by blockchain and smart contracts to the creator alone.