I have been speculating in cryptocurrencies for several years. I entered the crypto industry in 2017-2018. I secretly took out 200,000 yuan of savings from my family and lost it all. I also borrowed tens of thousands of yuan to double my money. Finally... it was all gone... it was only more than 20 yuan in total. My family was devastated when they found out. My mother also collapsed and went to the hospital room in an instant. At that time, I wanted to jump off the building. I was determined and thought that I couldn't fall down like this, I had to make it back.
After more than a year, I worked hard to pay off my debts and learn about the cryptocurrency world. I have paid off my loans and saved tens of thousands of yuan. I have also rested for such a long time. I found a cheap rental house and devoted myself to the cryptocurrency world full-time, trying out the knowledge I have learned in the past year with a small position. If I make a mistake, I will summarize the mistakes I made, summarize my own mistakes, observe the ideas and skills of the cryptocurrency masters, and become more and more stable, and the winning rate is getting higher and higher. I am no longer blindly entering and exiting the market, but making good account planning, combining the short and medium term with the best compound interest.

You cannot understand complex intentions; you do not need to focus on the simple.
There is an old saying in China: 'What you seek is unattainable, so seek within yourself.'
Everything outside is an appearance; all techniques and indicators are appearances. If you reside in appearances, you can only struggle with the waves all day long.
Wasting life.
Those who succeeded only aligned with the way, while those who failed diverged from it.
So what did these successful people really comprehend?
Understanding the way, seizing the momentum, discussing the technique, abandoning the sage and forsaking wisdom.
What is the way? What is momentum, what is technique? These can only be sought within; there is nothing outside. They ultimately encountered themselves.

Most people in this world prefer to reap without sowing. Therefore, influencers on platforms like a certain app are often favored, not because their literary talents are exceptional, but because they speak in a language that people like, understand, and resonate with.

Difficult technical analysis, no one is willing to settle down to learn. If your mind is thinking (I'm done, I'm going to grow my brain, it hurts), then you are indeed done. You can only learn simple trading systems and be a simple trader.

Finally teaching for one day this year, I won't teach anymore.

Long position mantra:
Long and short moving averages,
Long-term flat or rising.
Short-term upward movement.
Long and short golden cross

You have been trading for several years, and your skills are relatively strong, with a fairly complete personal trading system. But why have you suddenly experienced significant losses recently and sought help from others? In fact, most people are in a similar situation, with their positions becoming heavier. The previous win-loss ratio can no longer satisfy your inner greed. The initial increase in position weight does lead to greater profits, but later it turns into extreme despair. Why is this? When a single loss exceeds your inner tolerance, you think about quickly recovering your losses. The more frequently you trade, the worse it gets, completely disregarding your trading system, and the seeds of gambling have already begun to sprout. In two or three days, the positions exceed 60% or more.

Don't doubt it; from a psychological perspective, patiently watching and waiting for opportunities is the true secret to a trader's wealth.

Now analyze whether your previous trading methods were based on feeling; feeling that prices will rise or fall is all about feeling. Instead, have the patience to see effective signals at reversal points before entering.

If you don't have the patience to wait and enter directly, it can only be said that this market is not suitable for you to trade.
1. The Ever-Changing Landscape of the Contract Market

The market is like a turbulent sea, with price fluctuations resembling endless waves. The market is influenced by numerous factors, including global economic conditions, political situations, natural disasters, etc. These factors intertwine and interact, making the price trends in the futures market extremely complex and difficult to predict.

Whether you are new to this circle or not, without proper position management, it's only a matter of time before you blow your account.

How can you manage your positions well? Firstly, suppose you have an account with 1000 oil, and your daily plan is to make a profit of 200 oil. Now, if a good entry signal appears, you plan to use a certain percentage of your position for this trade and plan your acceptable loss percentage.

Now let me simulate my trading method. For reference: there is a good entry signal K-line, the price is 3. I plan to enter with 100 oil, which is 10% of my position. If it rises to 4, I double it, but my target profit is 200 oil, so it must rise to 5. Once the profit is secured (of course, this doesn't mean you should hold indefinitely; if it stops rising, you will actually incur a loss, wouldn't that be foolish?), then we consider the loss. My risk tolerance is at 5% of my position; if the price drops to 2.5, I exit. Isn't it simple? How many people can actually do this? The larger the position you can accept for losses, the further the stop-loss point will be. But it is essential that the profit from your trades is greater than the losses for them to be meaningful.

You are very familiar with this method, benefiting for a lifetime.

There is someone around me who likes short-term trading; in just one or two years, he went from 10,000 to 700,000. He is now using this method to support his family and is somewhat wealthy.

After interacting with him for so long, I summarized a few points. I tried to do it for a while and felt it was still okay. You can trade at any time, and I will share with everyone; how much you understand depends on the individual.
First, look at the 8 rules.

1. Seek victory with stability.
Once you enter this market, you must not return empty-handed. It’s normal for investments to have both losses and gains. If you consider losses as a reason to fear this market, then you have completely lost. If investment is about preserving capital and making profits, then how could there still be poor people? Remember that investing is not something that yields results overnight. There is no path that leads to total darkness, nor is there a repetitive investment market where everyone loses. Trading involves ups and downs; no one profits completely, and this market is inherently unfair. Temporary gains and losses do not determine success or failure. If you lack confidence, just earn it back. Do not be timid; those who laugh last are the winners. Of course, if you have a gambling mentality, failure is inevitable.

◎ Simplify trading, you will gain more In trading, moderation is the key. Many traders often make the mistake of overdoing things. They over-analyze the market, over-interpret the market, over-think, and over-order. In general, they do a lot of unnecessary things. As a trader, it is also important to learn to be appropriately "lazy". First of all, it should be clear that the favorable signals that appear in the market over a period of time are limited, or even rare. Most of what you see and hear may just be "market interference", which is noise and is of no benefit to you. Learning to filter these signals and then filter out the "high-quality signals" that are really beneficial to you is a regular step in finding opportunities. Secondly, it is recommended that you learn the mentality of hedge fund traders to trade. They hold millions or even hundreds of millions of dollars in funds, but their trading is very principled, just like picking diamonds in the sand, only choosing the opportunities with the highest returns. For those "maybe" and "seemingly" and other specious signals, it is better to stay away from them.

What problems do you need to solve to achieve stable profits in trading?
1. Realize that the market is uncertain, and trends are unpredictable. Do not spend too much energy on the entry phase; entering is merely the beginning of trial and error. Only when you truly recognize this can you consider yourself entering the door of speculative trading.
2. After entering the market, you need to be able to 'cut losses short and let profits run.' When a position incurs a loss and reaches your stop-loss point, can you always stop the loss in time? After making a profit, can you patiently hold on and let the profits run, even if you see unrealized gains diminish or even turn into losses?