Having read many traders' stories, there's an interesting phenomenon among those who consistently make money and those who frequently lose — they spend 90% of their time doing four things. The content is completely opposite.
How do those who consistently profit trade? First, patiently wait for the right trading opportunities, staying calm and composed. Second, once the target is set, strictly follow their plan without changing their mind arbitrarily. Third, after each trade, sit down to review carefully, reflect on what was done right and what can be improved. Fourth, based on the insights from the review, develop new trading plans, cycling repeatedly.
Conversely, what about those who frequently lose? It's a completely different scene. They trade recklessly without any basis, acting on the slightest signs of movement. When they incur losses, they stubbornly hold on, hoping the price will recover, unwilling to cut losses. Then they seek opinions from others about the market, following the crowd. Finally, they blindly speculate on the market’s next move, relying on luck.
A simple comparison makes it clear. The daily actions they take have a huge impact on the final trading results. If their minds are full of ideas about making big money but their actions only lead to losses, then success can only be a pie in the sky.
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GasFeeAssassin
· 13h ago
Honestly, just waiting can make money, and this is really worth it.
The group that trades frequently is like hitting the fast-forward button, ultimately leading to losses.
Backtesting sounds simple, but few can stick with it.
The worst mentality is stubbornly holding onto positions, refusing to admit defeat.
Sometimes making money is just about doing less, fewer trades, fewer mistakes.
Taking others' advice to trade cryptocurrencies? That's just looking for reasons to lose.
Plans are really much better than frequently changing your mind.
Thinking about those stories of overnight wealth, now they feel especially heartbreaking.
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YieldChaser
· 13h ago
Honestly, this is the difference between a gambler's mentality and a professional trader's mindset.
That's right, attitude determines everything.
Reviewing your trades is really important, but unfortunately most people are too lazy to do it.
That's why retail investors will always be retail investors; it's easy to listen to stories but too hard to execute.
Want to make money but don't want to think hard—there's no such thing in this world.
I'm the kind of trader who operates frequently, but it seems I need to change that.
Stop-loss is the hardest, especially when you're losing and still want to turn things around.
Talking about it on paper is one thing; knowing ≠ doing.
A disciplined trader is truly a winner, and this is not just hype.
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PerennialLeek
· 13h ago
To be honest, I'm the kind of guy who frequently suffers losses.
Review? Not at all. If I lose, I lose. I'll bounce back next time.
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RugResistant
· 13h ago
ngl the discipline gap here is *absurd*... winners literally just do their homework while losers chase noise. that's the whole asymmetry right there.
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SmartContractDiver
· 13h ago
To be honest, I'm the kind of person who frequently suffers losses haha
Reviewing my trades is the worst for me. When I lose, I want to bounce back quickly, but I end up digging myself deeper
Listening to others talk nonsense, and then I go all-in myself, it's really speechless
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PriceOracleFairy
· 13h ago
ngl, the patience part hits different when you're staring at real-time price deviations at 3am... most people just can't sit still lmao
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Rugman_Walking
· 13h ago
Isn't this just talking about me... the kind of cutting losses that makes you doubt life
Having read many traders' stories, there's an interesting phenomenon among those who consistently make money and those who frequently lose — they spend 90% of their time doing four things. The content is completely opposite.
How do those who consistently profit trade? First, patiently wait for the right trading opportunities, staying calm and composed. Second, once the target is set, strictly follow their plan without changing their mind arbitrarily. Third, after each trade, sit down to review carefully, reflect on what was done right and what can be improved. Fourth, based on the insights from the review, develop new trading plans, cycling repeatedly.
Conversely, what about those who frequently lose? It's a completely different scene. They trade recklessly without any basis, acting on the slightest signs of movement. When they incur losses, they stubbornly hold on, hoping the price will recover, unwilling to cut losses. Then they seek opinions from others about the market, following the crowd. Finally, they blindly speculate on the market’s next move, relying on luck.
A simple comparison makes it clear. The daily actions they take have a huge impact on the final trading results. If their minds are full of ideas about making big money but their actions only lead to losses, then success can only be a pie in the sky.