#美SEC促进加密资产创新监管框架 In the crypto world, out of ten people who lose money, nine aren’t lacking in skill—they’ve just lost their mindset.

Do you really not understand stop-loss? Actually, it’s about being unwilling—unwilling to let go of a possible rebound, unwilling to accept the principal already lost, and even more unwilling to admit you picked the wrong direction. As losses grow, you keep telling yourself “just hold on a bit longer,” dressing up greed as confidence and painting stubbornness as perseverance. The market is full of these people: it’s not afraid you’re dumb, it’s afraid you’re dumb and still won’t admit it.

I was like this in my early years, too. Staying up late watching the charts, chasing highs and selling lows, getting cocky after small wins, panicking after every loss. Eventually, the market taught me some harsh lessons, and I forced myself to stick to the simplest rule: if the signal isn’t right, do nothing. Missing a trade is better than trading blindly.

This method may sound dumb, but it really helped me climb out of the pit of losses. The following lessons cost me real money—I hope they help you avoid some mistakes.

**Trade at night**
During the day, information is everywhere—true and false—and prices swing wildly. Now I make it a habit to only check the charts after 9 PM, when there’s less noise and the candlesticks are more stable, making it easier to see the trend.

**Let the data speak—don’t trust your gut**
Placing orders by feel? That’s just gambling. Install TradingView, and before entering a trade, always check at least three indicators: is there a MACD crossover, is the RSI overbought or oversold, and is the Bollinger Band squeezing or breaking out? If at least two out of three align, then consider trading.

**Let your stop-loss “climb the stairs”**
If you can watch the charts, move your stop-loss up as you profit. For example, if you bought at 3000 and it goes up to 3100, set your stop-loss at 3050 to lock in gains. But if you need to step away, set a hard stop-loss—around 3%—to avoid getting wiped out by a sudden crash.

**Use the right candlestick timeframe**
For short-term trades, focus on the 1-hour chart. If you see two consecutive green candles, consider entering. If the market is moving sideways, switch to the 4-hour chart to find support levels and only act if it drops to a key position.

**Final reminder**
Stay away from those weirdly-named altcoins—nine out of ten are there to fleece you. $BTC and $ETH may also be volatile, but at least they won’t go to zero overnight.

When it comes to trading, the logic behind making money isn’t complicated. The hard part is controlling that stubborn, unwilling heart.