#美国贸易赤字状况 Six Disciplines Every Trader Should Master
If you want to survive longer in the crypto market, these six principles must be followed carefully.
**First: Only consider adding to your position when you're making a profit**
Trying to buy more when you're already trapped? That's a death wish. Adding to your position should be based on existing profitable trades. Ask yourself: if I had no position now, would I still buy at this price? If you're hesitant, stop considering adding. Even better, think about reducing your position directly.
**Second: Learn to read order books and intraday charts**
Don't panic and sell during early dips; a deep V-shaped recovery within the day is normal. If there's a rally at the end of the session, consider selling some holdings—tomorrow might be another dip. Low volume with small positive candles often indicates a bottom. If volume increases but prices don't rise, it's likely the main players are unloading—consider exiting quickly. Massive spikes followed by reversals are almost a fixed pattern among mainstream coins.
**Third: Moving averages are the most practical guide**
In the short term, watch the 5-day moving average; hold as long as it doesn't break. In the medium term, observe the 20-day moving average with the same logic. Follow the trend and don't fight the market. This trading philosophy tends to help you survive longer.
**Fourth: Take profit and cut losses without debate**
If you're losing money, cut your losses immediately—don't try to turn short-term trades into long-term holdings. After making profits, proactively raise your stop-loss levels: if it rises 20%, sell if it drops 5%; if it rises 30%, sell if it retraces 10%. Fast gains in crypto come with fast losses; the real loss is when you can't hold your position.
**Fifth: Tips for selecting coins during a sharp decline**
When the market crashes but your coins remain stable, it indicates support from buyers—consider holding. If the market crashes but your coins bounce back the next day, it's often a shakeout. Such coins are worth paying attention to; future systemic declines might be good entry points.
**Sixth: Chasing rallies and panic selling are the fastest ways to lose money**
Chasing a rally is the beginning of losses. The best buying opportunities are during pullbacks, not at all-time highs. Don't panic and sell during dips; wait for confirmation of key support levels before making decisions. If support breaks, sell; if not, wait for a rebound.
These six rules may seem simple, but they are based on real experience and lessons learned through actual trading. Sticking to them long-term will put you ahead of most traders.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#美国贸易赤字状况 Six Disciplines Every Trader Should Master
If you want to survive longer in the crypto market, these six principles must be followed carefully.
**First: Only consider adding to your position when you're making a profit**
Trying to buy more when you're already trapped? That's a death wish. Adding to your position should be based on existing profitable trades. Ask yourself: if I had no position now, would I still buy at this price? If you're hesitant, stop considering adding. Even better, think about reducing your position directly.
**Second: Learn to read order books and intraday charts**
Don't panic and sell during early dips; a deep V-shaped recovery within the day is normal. If there's a rally at the end of the session, consider selling some holdings—tomorrow might be another dip. Low volume with small positive candles often indicates a bottom. If volume increases but prices don't rise, it's likely the main players are unloading—consider exiting quickly. Massive spikes followed by reversals are almost a fixed pattern among mainstream coins.
**Third: Moving averages are the most practical guide**
In the short term, watch the 5-day moving average; hold as long as it doesn't break. In the medium term, observe the 20-day moving average with the same logic. Follow the trend and don't fight the market. This trading philosophy tends to help you survive longer.
**Fourth: Take profit and cut losses without debate**
If you're losing money, cut your losses immediately—don't try to turn short-term trades into long-term holdings. After making profits, proactively raise your stop-loss levels: if it rises 20%, sell if it drops 5%; if it rises 30%, sell if it retraces 10%. Fast gains in crypto come with fast losses; the real loss is when you can't hold your position.
**Fifth: Tips for selecting coins during a sharp decline**
When the market crashes but your coins remain stable, it indicates support from buyers—consider holding. If the market crashes but your coins bounce back the next day, it's often a shakeout. Such coins are worth paying attention to; future systemic declines might be good entry points.
**Sixth: Chasing rallies and panic selling are the fastest ways to lose money**
Chasing a rally is the beginning of losses. The best buying opportunities are during pullbacks, not at all-time highs. Don't panic and sell during dips; wait for confirmation of key support levels before making decisions. If support breaks, sell; if not, wait for a rebound.
These six rules may seem simple, but they are based on real experience and lessons learned through actual trading. Sticking to them long-term will put you ahead of most traders.
$BEAT $ZEC