2025-12-29 11:22:16

I want to talk about trading this weekend.

Having seen too many stories of traders losing money, what is the most common problem summarized? Actually, most people haven't truly understood their own trading logic. Someone asked me if I have any advice for traders who keep losing, and my answer is: first, stop, and write down your trading process.

My daily trading steps are like this—before the market opens, first look at the overall trend direction, then identify a few key support and resistance levels, and finally find entry points using indicators. It sounds simple, but sticking to this process can significantly reduce impulsive trading losses.

Speaking of indicators, I've used many, but if I had to choose just one I trust the most for cryptocurrency trading, it would be this one. The key is how to use it—not blindly follow signals, but understand the logic behind it and combine it with price action for more effective results.

There is no secret to instant success in trading; it’s more about repeatedly refining your methodology.

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NotFinancialAdvice

· 11h ago

That's so true. I used to be the kind of fool who would go all-in at the first sign, and now I realize how important it is to write down the trading logic.

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MidsommarWallet

· 11h ago

That's right, I was completely wiped out because I didn't write down the trading logic. Writing the process may seem simple, but few actually execute it. Damn, I just remembered my foolishness of chasing the hot trends back then. Indicators are just tools; the key still depends on price action, and this is what I feel most deeply.

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ChainSpy

· 11h ago

Basically, you still need your own method; you can't just guess blindly every day. I've always thought of those who lose everything and end up with nothing—they really have no plan and just operate randomly.

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ForkItAllDay

· 11h ago

You're absolutely right. I used to be the kind of trader without a proper process, and as a result, I lost three months' worth of gains in just one month. Writing down your trading logic is truly essential; too many people just trade based on feelings and guesswork. This methodology really requires personal exploration; there are no shortcuts.

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VibesOverCharts

· 11h ago

There's nothing wrong with that; the core is to have your own system, otherwise you're just gambling with a gambler's mentality. --- Writing this down is so crucial; many people just lack this self-discipline. --- Indicators are just aids; price action is the real thing. Many beginners get this wrong. --- People always talk about secret tricks or tips, but it's really just about repetitive execution. --- Sticking to the process can really help you live longer; this is the biggest insight I've gained from trading. --- Blindly following signals is just giving away your money. Wake up, everyone. --- Wait, what exactly is that indicator you're talking about? Want to share it? --- Taking a step back to reflect—how many people can actually do that? --- Choosing support and resistance levels poorly, and everything afterward is a waste. --- 99% of those losing money never thought about why they lost; pure impulsive trading.

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