After reading so many trading tutorials and learning a bunch of technical indicators, your account still keeps shrinking. Many people have experienced this—feeling like they haven't studied enough or gone deep enough. But the real problem isn't there.



The big pitfall in this market is this: the vast majority of traders fall into a strange cycle, thinking that the more indicators they master, the better, as if that will make their market predictions more accurate. But in the end? Once you step into it, it's hard to get out.

So what kind of trading mindset is truly reliable?

**Technical indicators are just references**

When you're overwhelmed by a bunch of dense candlesticks, MACD, Bollinger Bands, have you ever thought that they all fail to solve a fundamental question: what phase is this market in right now? Just starting up? Still in the middle? Nearing a top?

Indicators are merely records of past market behavior; they are always lagging. No matter how perfect the indicator combination, it’s just an auxiliary tool and should never be treated as gospel. Relying on indicators for trading will eventually cost you tuition.

**Money management and mindset are the real core competitiveness**

Here's a phenomenon: those who can handle 50x, 75x leverage on altcoins are usually small funds—because high leverage inherently limits position size. The logic for small funds is simple: diversify the limited capital, giving yourself more room for trial and error. That way, you have a better chance to catch those multi-fold or even hundred-fold market moves.

People in the circle who later became big funds all started from zero. From 0 to 1, then 1 to 10, and through compound interest and rolling positions, they gradually became top players. No one was born rich. For example, with $1000, dividing it into ten or even a hundred parts to trade is essentially using probability and time to exchange for opportunities. More room for trial and error means a higher chance of catching black swan events.

Mindset and patience are often ten times more important than technical indicators.
View Original
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
MEVvictimvip
· 4h ago
More indicators are still just rearview mirrors; the key is to keep a steady mindset... I've learned this through blood and tears.
View OriginalReply0
GasFeeNightmarevip
· 5h ago
Basically, it's still a mindset issue. No matter how many indicators there are, they can't save greedy hands.
View OriginalReply0
DataOnlookervip
· 5h ago
Really, the more indicators there are, the more confusing the mind becomes. It's better to think carefully about how to survive and make it to the next round.
View OriginalReply0
fren.ethvip
· 5h ago
It's the same old rhetoric again, indicators are useless, mindset is the most important... Easy to say, but the account has already shrunk by half. I've compromised, given up on obsessively watching K-line charts, now I'm just waiting in prison for that black swan. It sounds reasonable, but how many actually survive long enough to catch a hundredfold? Most have already been liquidated and washed out. Money management is indeed key, but without market awareness, diversification is pointless—this is the real trap. I no longer look at MACD; now I only focus on capital flow and big players' movements. Surprisingly, the results are pretty good? It's called a trial-and-error mechanism in a nice way, or a gambling upgrade in a harsh way. I admit, that's exactly how I gamble.
View OriginalReply0
just_here_for_vibesvip
· 5h ago
No matter how many indicators you stack, it's useless; mindset is the key.
View OriginalReply0
RugPullSurvivorvip
· 5h ago
No matter how much indicator knowledge you acquire, it’s useless; the key is to stay alive. --- Honestly, I agree with the logic of diversified small funds, but execution often leads to a mental breakdown. --- Relying on indicators for trading always involves paying tuition fees; I’ve already paid mine. --- 0 to 1 is the hardest part. Truly, many people can't stick to it. --- High leverage with small funds offers more trial-and-error opportunities, but one retracement can wipe everything out. Who can withstand that? --- The saying that mindset is ten times more important than indicators hits the mark, but knowing and doing are two different things. --- What happened to those traders who claim their indicators are perfect? Are they doing well? --- Diversified allocation sounds easy in theory, but managing it is really tiring and can easily become chaotic. --- The path of compound interest rolling over is correct, but the prerequisite is to survive the initial waves of retracement.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)