Trading $SUI, $ETH and similar coins, the true art of trading actually boils down to four words—knowing how to lose money.
It sounds a bit harsh, but this is the reality. No one can avoid losses; what really causes traders to collapse isn’t the stop-loss itself, but the moment you realize you’re completely unprepared—your position has already spiraled out of control, the loss figure instantly exceeds your psychological threshold, and rationality drops offline.
So before placing an order, you must handle these four things, none can be missed:
**Basis**—Don’t rely on feelings, have clear technical signals. **Bottom line**—Specific support or resistance levels must be marked in advance as an ironclad rule for stop-loss. **Target**—A reasonable profit range, not based on imagination. **Cost**—How much you can lose at most on this trade, set it in advance.
Once you build a position, the best approach is to turn yourself into a robot. Because holding a position will automatically add drama—you will amplify favorable information and automatically ignore bad news. Constantly watching the market results means being repeatedly harvested by volatility, ultimately losing your composure. Following your plan and minimizing screen time—that’s the choice of those who survive.
Regarding take-profit, I have only one bottom line: only make money you understand. No matter how hot the market, there’s a ceiling. When the target is reached, you should act decisively. Many people lose profits because of greed, watching their gains turn into nothing or even losses. This double blow can completely shatter your mindset.
You can take profits in batches, keep some core holdings to continue watching, but never go beyond your original plan to gamble. Those unexpected extra gains are more like market gifts—rather than something you earned, they are gifts from the market—and gifts don’t repeat every time.
True experts never boast about never losing money; they just know how to lose with discipline, keeping every loss within controllable limits, never damaging the fundamentals. Lock your losses within the plan, and leave the rest to probability—profits will naturally come knocking.
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MetaverseMigrant
· 12-17 10:57
That's right, but less than one in ten people really stick with it. I myself have learned this lesson through blood, sweat, and tears.
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Talking about losing money is easy, but when your position explodes, you forget everything. Haha, bitter smile.
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The most heartbreaking thing is the phrase "Ignore bad news when amplifying good information." I've been fooled by myself countless times this way.
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Taking profits is much harder than cutting losses. Watching the limit-up without daring to sell, only to see a plunge wipe everything out—that feeling can really drive you crazy.
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Discipline-related losses may sound contradictory, but that's the price of survival.
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The question is, who can really avoid looking at the market every time? It sounds easy, but actually doing it can be deadly.
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NftDeepBreather
· 12-16 21:51
Damn, "knowing how to lose money" is really amazing. I'm the one who greedily watches profits slip away...
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staking_gramps
· 12-16 21:51
That's right, it's a game of discipline and execution, and most people fail because of greed.
View OriginalReply0
FloorPriceWatcher
· 12-16 21:51
It sounds like nonsense, but it really hits the point. I'm the kind of person who gets so focused on the charts that I lose clarity, and as a result, I go all in and end up losing everything.
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Stop-loss is simple to say, but it's hard to do — it's the reluctance to accept that loss, only willing to accept it when the account is wiped out.
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The phrase "take profits in batches" I need to engrain in my mind. The profits I made last time were all vomited back, and that feeling was truly intense.
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The most heartbreaking thing is that experts lose money with a rhythm, while I lose money purely through mindless operations.
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No matter how correct I am, human nature is greed. Out of ten people who can truly stick to "only making money they understand," probably none.
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I love the robot analogy; not watching the charts can really help you live longer. But asking me not to stare at the screen? Isn't that asking me to commit suicide?
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Every time I tell myself not to break the plan, but one fluctuation and I forget everything — that's just me.
Trading $SUI, $ETH and similar coins, the true art of trading actually boils down to four words—knowing how to lose money.
It sounds a bit harsh, but this is the reality. No one can avoid losses; what really causes traders to collapse isn’t the stop-loss itself, but the moment you realize you’re completely unprepared—your position has already spiraled out of control, the loss figure instantly exceeds your psychological threshold, and rationality drops offline.
So before placing an order, you must handle these four things, none can be missed:
**Basis**—Don’t rely on feelings, have clear technical signals. **Bottom line**—Specific support or resistance levels must be marked in advance as an ironclad rule for stop-loss. **Target**—A reasonable profit range, not based on imagination. **Cost**—How much you can lose at most on this trade, set it in advance.
Once you build a position, the best approach is to turn yourself into a robot. Because holding a position will automatically add drama—you will amplify favorable information and automatically ignore bad news. Constantly watching the market results means being repeatedly harvested by volatility, ultimately losing your composure. Following your plan and minimizing screen time—that’s the choice of those who survive.
Regarding take-profit, I have only one bottom line: only make money you understand. No matter how hot the market, there’s a ceiling. When the target is reached, you should act decisively. Many people lose profits because of greed, watching their gains turn into nothing or even losses. This double blow can completely shatter your mindset.
You can take profits in batches, keep some core holdings to continue watching, but never go beyond your original plan to gamble. Those unexpected extra gains are more like market gifts—rather than something you earned, they are gifts from the market—and gifts don’t repeat every time.
True experts never boast about never losing money; they just know how to lose with discipline, keeping every loss within controllable limits, never damaging the fundamentals. Lock your losses within the plan, and leave the rest to probability—profits will naturally come knocking.