That period was really tough, losing money chasing highs and getting caught at the bottom, feeling the pain of account shrinkage. It wasn't until I started using a few strict rules to constrain myself that I gradually stopped the bleeding. Sharing with everyone, maybe it can help you avoid detours.
**Rule 1: Don't chase the highs before a breakout**
Thinking of jumping in when you see the top gainers? That's the fastest way to lose money. My current approach is to wait until the price retraces to the lower or middle Bollinger Band before considering entering, making the entry cost more reasonable and reducing the chance of getting caught.
**Rule 2: Don't buy all the dips**
Many people can't open their eyes when they hear "bottom fishing." The key is to see if the price is truly stabilizing, especially watch the 1-hour chart. Wait for a consolidation pattern to appear before acting; otherwise, rushing in will only enlarge losses.
**Rule 3: Choose the right trading times**
Around 2:30 PM and after 10:30 PM, market volume is usually very light, and the trend becomes blurry. I now generally avoid these times because there are too many uncertainties.
**Rule 4: Volume is the compass**
Fake breakouts and false volume surges are everywhere. I only enter when volume clearly increases. Those candlesticks without supporting volume, no matter how good they look, I don't trust.
**Rule 5: Don't bargain over stop-loss**
Every entry should be supported by a clear logic, and a relatively tight stop-loss should be preset. Once triggered, exit decisively—don't hope for a rebound. The benefit of this is to keep losses within expected limits, giving yourself a chance to turn things around.
From continuous losses to gradually stopping the bleeding and then making small gains, following this discipline has stabilized my mindset a lot. The key is not how much you earn, but to survive first, then you can win.
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NFTRegretter
· 6h ago
You're right, but it's not aggressive enough. I was still chasing the highs while you were all bottom-fishing, which is really outrageous.
View OriginalReply0
Fren_Not_Food
· 6h ago
That's right, I couldn't bring myself to set stop-loss orders before, always hoping to turn things around, but the more I lost, the worse it got.
View OriginalReply0
RektDetective
· 6h ago
Honestly, I used to refuse to admit to stop-loss, but it only got worse and worse.
View OriginalReply0
LiquidationWatcher
· 6h ago
ngl, been there done that with the liquidation trauma... that rule five hits different when you've actually felt the margin call coming. stay disciplined or the market eats you alive fr.
Reply0
CommunityLurker
· 6h ago
Wait, do I need to check the 1-hour chart before bottoming out? Why do I always get it wrong?
#2026年比特币价格展望 $XRP Short-term Reversal Record: My Five Lifesaving Rules
That period was really tough, losing money chasing highs and getting caught at the bottom, feeling the pain of account shrinkage. It wasn't until I started using a few strict rules to constrain myself that I gradually stopped the bleeding. Sharing with everyone, maybe it can help you avoid detours.
**Rule 1: Don't chase the highs before a breakout**
Thinking of jumping in when you see the top gainers? That's the fastest way to lose money. My current approach is to wait until the price retraces to the lower or middle Bollinger Band before considering entering, making the entry cost more reasonable and reducing the chance of getting caught.
**Rule 2: Don't buy all the dips**
Many people can't open their eyes when they hear "bottom fishing." The key is to see if the price is truly stabilizing, especially watch the 1-hour chart. Wait for a consolidation pattern to appear before acting; otherwise, rushing in will only enlarge losses.
**Rule 3: Choose the right trading times**
Around 2:30 PM and after 10:30 PM, market volume is usually very light, and the trend becomes blurry. I now generally avoid these times because there are too many uncertainties.
**Rule 4: Volume is the compass**
Fake breakouts and false volume surges are everywhere. I only enter when volume clearly increases. Those candlesticks without supporting volume, no matter how good they look, I don't trust.
**Rule 5: Don't bargain over stop-loss**
Every entry should be supported by a clear logic, and a relatively tight stop-loss should be preset. Once triggered, exit decisively—don't hope for a rebound. The benefit of this is to keep losses within expected limits, giving yourself a chance to turn things around.
From continuous losses to gradually stopping the bleeding and then making small gains, following this discipline has stabilized my mindset a lot. The key is not how much you earn, but to survive first, then you can win.