TraderNo.56

Brothers, I'm going to start trading with this account, with a capital of 356 USD.

$PI live room 710 red envelope 🧧 claim quickly

The biggest fear in this circle is getting scammed. Here's a summary of common scams:
1. Inducing others to trade on shady platforms. In reality, these platforms are just customer loss platforms. The scammers are usually u merchants (not C2C), strangers on the platform. The usual reason given is high rebates, saying "Let me bring you here to trade," and sending you screenshots of large profits from shady platforms. Once you see these profit screenshots, you should realize they are scammers.
2. Promoting a token that is about to be launched with exaggerated multipliers,诱导你买那个币. That token isn't

Scams
1. Private key and mnemonic phrase gas scam, usually appearing in comment sections, claiming to have quit the industry, then giving you the mnemonic phrase. It might contain around 700 USDT, but there's no actual gas because it's a multi-signature wallet on the Tron chain. If you try to add gas to it, you won't be able to withdraw the funds. Instead, after you fund it, a program will immediately transfer your gas out in just one second, tricking you into losing your gas. Don't say you're faster than him; I already mentioned he's dealing with large sums. To withdraw from this wallet, addi

Cognition is the biggest wealth gap. When you make money with luck based on your understanding, you will eventually lose it all through your own skill. Or if you have high cognition in a certain field and suddenly enter an unfamiliar one, you will also be harvested in that unfamiliar field. That’s the reality.
For example,
Before entering the crypto world, everyone might be doing very well in their respective fields—perhaps in technology, law, medicine, or teaching. You might have achieved some success in your own position and know a lot about this industry. Suddenly, due to some event, pe

When someone enters a new field without prior research, learning, and understanding, they are very likely to get heavily exploited in that new domain.

Not afraid of winning many trades, but afraid of getting emotional and losing a single trade. When you get emotional and lose a trade, you might only lose 100 units of oil, but your emotional trading could cause you to lose your entire account balance. Because you lost that 100, you want to make it back, so you'll take larger positions, trade more frequently. Of course, there's still a chance you'll win back the floating loss or even make a profit. However, this pattern is unsustainable because it only leads to zero. In the end, it results in bigger and bigger losses, until there's no capital

A trader's true skill is not measured by the size of their profit-making trades, but by their trading performance after hitting a stop-loss.
1. Profits depend on market conditions; stop-loss depends on ability
Profits are often given by the market, anyone can catch them; but decisions after a stop-loss rely entirely on one's own cognition and risk management, which best reveals true skill.
2. The mindset after a stop-loss determines the lower limit of trading
One stop-loss is not scary; what’s scary is losing control emotionally, revenge trading, or changing rules arbitrarily. Maintaining a st

Talking about doing and actually doing are two different things.
In trading, knowing is knowledge, doing is skill, and consistently doing well is profit.
- Talking depends on the brain;
- Doing depends on character and discipline;
- Long-term consistency depends on systems and habits.
Many people lose not because they don't understand the market,
but because they can't control their hands, can't bear the losses, and can't hold onto the gains.
True experts,
are not about how accurate their predictions are, but how decisively they execute.
May you in the future:
Keep ideas as ideas, rules as rul

Still the same point: when trading, only place limit orders. By placing limit orders, you surpass over 70% of traders. Why? Think about it carefully. Usually, those who close positions at market price are composed of what? Some regular traders, and then there are those who get liquidated. Only regular traders use limit orders. What does this indicate? When you open or close a position at market price, you're following the same pattern as the liquidated traders. When they get liquidated, they close at market price, while you open or close with limit orders. Isn't that essentially matching those

The length of a horizontal move is the same as the length of a vertical move; it's all based on intuition. I believe there might be a big move coming soon, very likely to push in one direction, then run strongly in that direction, then pull back once, and then move up again—these are the more probable scenarios. But I also can't rule out a sudden drop; it's all about probabilities—nothing is 100%. The founders, right? Basically, whenever a coin takes off and the market recognizes it, the creators all have to cash out and sell because they know their coin is worthless. Just like when I graduate

Good evening, brothers.