Practical Trading Knowledge – No Superstitions, No Heroic Claims of Quick Profits
Many newcomers to the crypto market are often overwhelmed by complex terminology, stacked indicators, and stories of “Getting Rich Overnight.” The truth is, this market rewards discipline and punishes emotional reactions. Below is a set of 10 practical trading steps distilled from real experience, designed to help you reduce mistakes, manage risks, and stay resilient over time.
Step 1: Clearly Identify the Major Trend
Trend is your friend. The simplest way to read the trend is by combining:
(Moving Averages) – especially MA50 and MA200
Price peaks and troughs
Quick conventions:
Price above MA200 and higher highs/lows → UptrendPrice below MA200 and lower highs/lows → DowntrendPrice moving sideways within boundaries → Accumulation phase
Don’t complicate your charts with too many indicators. Be clear – simple – consistent.
Step 2: Determine the Market Phase
Knowing the trend isn’t enough; you need to understand which phase you’re in: strong uptrend, strong downtrend, or sideways.
Evaluation methods:
Market sentiment: Fear or greed?Money flow: Are funds entering or leaving the exchange?
Golden rule: Don’t go against the market.
Uptrend → Prioritize buy ordersDowntrend → Consider staying out or adopting a defensive stance
Step 3: Choose a “Nice” Entry Point
A good entry point makes it easier to advance or retreat.
Tools:
Support and resistanceMA50 / MA200
Common strategies:
Buy near support levelsSell near resistance levelsPlace stop-loss just below support (or above resistance)
Avoid bottom-fishing in a downtrend – that’s for more experienced traders.
Step 4: Wait for Confirmation Signals
Don’t rush. Wait for:
Candlestick patterns (Pin Bar, Engulfing, etc.)MACD crossover, RSI exiting oversold territory(
The clearer the signal, the higher the probability. If indicators conflict, staying out is a wise decision.
Step 5: Set Stop-Loss Before Entering
No stop-loss = no discipline.
Suggestions:
Buy at support → Place stop-loss 2–3% below )depending on volatility(Sell at resistance → Place stop-loss 2–3% above
Don’t let “hope” replace discipline.
Step 6: Capital Management for Survival
Apply the 1% rule:
Risk only up to 1% of your total account per trade
Example:
Account: 10,000 USDRisk per trade: 100 USDStop-loss distance: 5 USD → Maximum position size: 20 units
Diversify your portfolio to reduce concentration risk.
Step 7: Enter Trades with Reasonable Risk/Reward Ratio
Prioritize Risk:Reward ≥ 1:2
Meaning: if risking 100 USD, aim for at least 200 USD profit.
If the price has risen too far and is near resistance, don’t chase.
Step 8: Plan Your Take Profit
Two effective ways to take profit:
Set target-based exitsUse trailing stops to follow the trend )Trailing Stop(
Don’t be greedy. Real profit is the profit you’ve already secured.
Step 9: Increase Position Size Wisely
Only add to your position when:
The trade is in profitThe trend still supports it
Pyramid principle:
Largest initial positionSubsequent positions smaller
Never average down when in a loss.
Step 10: Continuous Learning and Adaptation
Markets change – strategies must change too.
Daily habits:
Record and evaluate your tradesFollow macro news )interest rates, policies, regulations(Update technical knowledge
Conclusion
Crypto is a market full of opportunities but also full of traps. Long-term survivors are not those who win big in a month, but those who control risks best over many years.
Let discipline lead, emotions follow.
Survive first – profits will come later.
Remember: Slow and steady always beats fast and reckless. Wishing you safe and resilient trading.
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10 Practical Steps to Survive and Profit Even During a Bear Market
Practical Trading Knowledge – No Superstitions, No Heroic Claims of Quick Profits Many newcomers to the crypto market are often overwhelmed by complex terminology, stacked indicators, and stories of “Getting Rich Overnight.” The truth is, this market rewards discipline and punishes emotional reactions. Below is a set of 10 practical trading steps distilled from real experience, designed to help you reduce mistakes, manage risks, and stay resilient over time. Step 1: Clearly Identify the Major Trend Trend is your friend. The simplest way to read the trend is by combining: (Moving Averages) – especially MA50 and MA200 Price peaks and troughs Quick conventions: Price above MA200 and higher highs/lows → UptrendPrice below MA200 and lower highs/lows → DowntrendPrice moving sideways within boundaries → Accumulation phase Don’t complicate your charts with too many indicators. Be clear – simple – consistent. Step 2: Determine the Market Phase Knowing the trend isn’t enough; you need to understand which phase you’re in: strong uptrend, strong downtrend, or sideways. Evaluation methods: Market sentiment: Fear or greed?Money flow: Are funds entering or leaving the exchange? Golden rule: Don’t go against the market. Uptrend → Prioritize buy ordersDowntrend → Consider staying out or adopting a defensive stance Step 3: Choose a “Nice” Entry Point A good entry point makes it easier to advance or retreat. Tools: Support and resistanceMA50 / MA200 Common strategies: Buy near support levelsSell near resistance levelsPlace stop-loss just below support (or above resistance) Avoid bottom-fishing in a downtrend – that’s for more experienced traders. Step 4: Wait for Confirmation Signals Don’t rush. Wait for: Candlestick patterns (Pin Bar, Engulfing, etc.)MACD crossover, RSI exiting oversold territory( The clearer the signal, the higher the probability. If indicators conflict, staying out is a wise decision. Step 5: Set Stop-Loss Before Entering No stop-loss = no discipline. Suggestions: Buy at support → Place stop-loss 2–3% below )depending on volatility(Sell at resistance → Place stop-loss 2–3% above Don’t let “hope” replace discipline. Step 6: Capital Management for Survival Apply the 1% rule: Risk only up to 1% of your total account per trade Example: Account: 10,000 USDRisk per trade: 100 USDStop-loss distance: 5 USD → Maximum position size: 20 units Diversify your portfolio to reduce concentration risk. Step 7: Enter Trades with Reasonable Risk/Reward Ratio Prioritize Risk:Reward ≥ 1:2 Meaning: if risking 100 USD, aim for at least 200 USD profit. If the price has risen too far and is near resistance, don’t chase. Step 8: Plan Your Take Profit Two effective ways to take profit: Set target-based exitsUse trailing stops to follow the trend )Trailing Stop( Don’t be greedy. Real profit is the profit you’ve already secured. Step 9: Increase Position Size Wisely Only add to your position when: The trade is in profitThe trend still supports it Pyramid principle: Largest initial positionSubsequent positions smaller Never average down when in a loss. Step 10: Continuous Learning and Adaptation Markets change – strategies must change too. Daily habits: Record and evaluate your tradesFollow macro news )interest rates, policies, regulations(Update technical knowledge Conclusion Crypto is a market full of opportunities but also full of traps. Long-term survivors are not those who win big in a month, but those who control risks best over many years. Let discipline lead, emotions follow. Survive first – profits will come later. Remember: Slow and steady always beats fast and reckless. Wishing you safe and resilient trading.