Crypto enthusiasts often say that market trends are hard to predict, but the root cause isn't the market itself; it's that traders haven't thought things through before trading. Impulsiveness isn't courage to trade; it's a sign that your account is about to shrink.
After stumbling through countless pitfalls, I realize that compared to complex technical indicators, a strict set of entry interception standards offers better protection for your principal.
Before each real entry, I must ask myself five consecutive questions. If I can't answer thoroughly, no matter how tempting the market, I won't trade.
**First hurdle: Is the direction correct?**
Follow the major trend; the market pushes you to profit. Bet against the trend? Then rely on your principal to withstand the volatility. I only focus on the daily chart's overall direction. Fantasizing about bottom-fishing or topping out? Just pass. The market's rhythm never waits.
**Second hurdle: Is the signal real or self-hypnosis?**
The most dangerous thing isn't false signals but self-deception like "I feel it's time to enter." The right entry point must be verified—has the golden cross formed? Is the volume sufficient? Is the structure intact? Vague feelings like "it seems okay" are emotional traps set for you.
**Third hurdle: Do I understand key levels?**
Where is support? Where is resistance? Where is the entry point? These must be crystal clear. Opening a position without understanding your stop-loss level is essentially reckless buying.
**Fourth hurdle: Can I handle the worst-case scenario?**
Know in advance how much you might lose before entering. Stop-loss isn't an option; it's a bottom line. Knowing your maximum tolerable loss upfront is the dividing line between a gambler and a trader.
**Fifth hurdle: Will position size influence judgment?**
The core of your account is survival. If your position size is so large that you have to pray for a trend reversal, you've been wrong from the start. Survival comes first.
The secret to consistent profits isn't about precisely predicting the market but about holding yourself back when impulses hit. Market opportunities appear frequently; your account is only one. Sticking to the discipline of "not opening a position" is the way to long-term success.
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.
18 Likes
Reward
18
9
Repost
Share
Comment
0/400
MetaverseHermit
· 3h ago
Five consecutive questions sound good, but honestly, most people start self-hypnotizing themselves by the second level...
View OriginalReply0
DEXRobinHood
· 10h ago
There's nothing wrong with that, but to be honest, how many people can truly manage to "not open a position"... I myself have also experienced many losses.
View OriginalReply0
0xOverleveraged
· 01-04 13:25
说得真透彻,就是这五关过不了的人才天天赔钱,我之前就是感觉该进就进,现在账户都悔青了
Reply0
down_only_larry
· 01-03 19:44
Five consecutive questions sound good, but how many can actually do it? Most people, after reading the article, will still be impulsive or impulsive.
View OriginalReply0
BakedCatFanboy
· 01-03 19:40
Well said. I can now recite these five questions, but few can truly stick with them, including myself haha.
Well said. I’ve gone through all five hurdles, especially the second one, dying countless times at "feeling it’s time to enter the market."
Honestly, stop-loss is harder than making money; the psychological barrier is much tougher than technical indicators.
Position management is truly brilliant; many people fall into this trap without realizing it.
If you thoroughly ask these five questions every time, you might reduce your losses by half of your account.
Every pitfall is a tuition fee; it all depends on when you realize it.
It feels like me—unable to change my impulsive habits.
Actually, the core is just one sentence: just stay alive, don’t mess around.
View OriginalReply0
WalletDetective
· 01-03 19:36
Five consecutive questions are tough, but how many can actually do it? I'm stuck at the second level, always feeling that "it's almost ready" and rushing in.
View OriginalReply0
HashRatePhilosopher
· 01-03 19:36
Five consecutive questions sound intimidating, but honestly, it's just a process of self-brainwashing. The ones who can truly make money simply don't go through such complicated steps.
View OriginalReply0
MondayYoloFridayCry
· 01-03 19:32
Market unpredictable? That's because your mind isn't grasping it. I have to pass these five hurdles every time, or else I'm just giving away money for free.
View OriginalReply0
DefiSecurityGuard
· 01-03 19:28
⚠️ CRITICAL: This entire "five-question framework" is basically just risk management hygiene, not actual trading edge. Look, the real vulnerability here? Most traders skip step 4 entirely and YOLO their way into liquidation. I've audited 200+ blown accounts this month alone—pattern's always the same: no pre-calculated max loss tolerance.
Crypto enthusiasts often say that market trends are hard to predict, but the root cause isn't the market itself; it's that traders haven't thought things through before trading. Impulsiveness isn't courage to trade; it's a sign that your account is about to shrink.
After stumbling through countless pitfalls, I realize that compared to complex technical indicators, a strict set of entry interception standards offers better protection for your principal.
Before each real entry, I must ask myself five consecutive questions. If I can't answer thoroughly, no matter how tempting the market, I won't trade.
**First hurdle: Is the direction correct?**
Follow the major trend; the market pushes you to profit. Bet against the trend? Then rely on your principal to withstand the volatility. I only focus on the daily chart's overall direction. Fantasizing about bottom-fishing or topping out? Just pass. The market's rhythm never waits.
**Second hurdle: Is the signal real or self-hypnosis?**
The most dangerous thing isn't false signals but self-deception like "I feel it's time to enter." The right entry point must be verified—has the golden cross formed? Is the volume sufficient? Is the structure intact? Vague feelings like "it seems okay" are emotional traps set for you.
**Third hurdle: Do I understand key levels?**
Where is support? Where is resistance? Where is the entry point? These must be crystal clear. Opening a position without understanding your stop-loss level is essentially reckless buying.
**Fourth hurdle: Can I handle the worst-case scenario?**
Know in advance how much you might lose before entering. Stop-loss isn't an option; it's a bottom line. Knowing your maximum tolerable loss upfront is the dividing line between a gambler and a trader.
**Fifth hurdle: Will position size influence judgment?**
The core of your account is survival. If your position size is so large that you have to pray for a trend reversal, you've been wrong from the start. Survival comes first.
The secret to consistent profits isn't about precisely predicting the market but about holding yourself back when impulses hit. Market opportunities appear frequently; your account is only one. Sticking to the discipline of "not opening a position" is the way to long-term success.