In the crypto world, I've been fighting for so many years, witnessing the ups and downs of countless traders. Some get rich overnight, while others get wiped out in a single night. Behind these stories, I gradually discovered a pattern—what determines how far you can go in this market is not some profound technical analysis, but four words: self-discipline and patience.

Those who can truly make consistent profits as traders don't have any secret weapons. They seem very ordinary, even a bit rigid. But it is this "rigidity" that allows them to survive in the meat grinder of contract trading.

**What does the daily life of a disciplined trader look like?**

Among the successful traders I’ve encountered, they share a common trait—the trading plan is like law, and cannot be changed at will.

Before opening a position, they must think through three things: Where to enter? Where to cut losses if it drops? Where to take profits if it rises? These questions are not optional; they are mandatory. They won't chase after those exciting "limit-up" surges, nor will they go all-in on V-shaped reversals. Only when familiar signals appear will they act decisively.

Take myself as an example. My principle is simple—only operate on contracts of top cryptocurrencies like Bitcoin and Ethereum. Why? Because these assets have good liquidity, market logic is relatively clear, and retail investors have less influence. In contrast, small coins have shallow market depth; a large order can mess up the chart, making technical analysis useless. Instead of wasting effort studying them, it’s better to honestly choose assets with good liquidity.

Regarding take-profit and stop-loss, I don’t just randomly set numbers. Instead, I base them on technical positions and actual volatility to set scientifically. Moving averages, Bollinger Bands, MACD—these tools are not just for display; they are used to precisely locate support and resistance. When the price breaks through my preset stop-loss level, I will close the position immediately, with no luck-based thinking. This might result in a 5% loss, but that 5% also helps me avoid a 50% fatal loss.

**Why do greedy traders get more and more chaotic?**

Looking at those who trade more chaotically, their common point is being driven by emotions.

When entering a trade, they haven't thought through where the risk points are; they just rush in based on "feeling this wave will go up." Essentially, this is gambling. Once they lose, their mentality collapses. Some start adding positions to average down (resulting in deeper losses), some stubbornly hold on without closing (waiting for a miracle), and others frequently cut losses (getting repeatedly chopped up).

They overlook a basic fact—the market changes every day, but your rules must stay consistent. Consistent rules help you stay rational amid chaos. Chaotic decisions, in the end, only lead to chaotic results.

**Why is self-discipline so hard?**

It's easy to say but really hard to do. Because self-discipline means giving up some seemingly good opportunities. Sometimes you see a coin’s chart looking very beautiful, but it’s not on your trading list, so you have to hold back. Sometimes your position is already 50% profitable, but your take-profit target is 100%, so you have to keep holding. These acts of patience test human nature.

But in the long run, those who stick to their trading discipline will reach the end. Those driven by emotions mostly get off midway.

So if you’re still struggling with whether your skills are enough, better ask yourself: Do you have real trading discipline?