#美SEC促进加密资产创新监管框架 I've been losing so much on short-term trades lately that I'm starting to question my life.

But losing money isn't completely hopeless—I've reviewed a lot of trades recently and summed up some hard-learned lessons:

First, let's talk about trading volume. Always check the 5-minute volume before entering a position. No retail trader can suddenly create a surge in volume out of thin air—there's definitely capital moving. The most typical signal is when the moving average suddenly breaks, followed by a step-like spike in volume. If the K-line movement isn't backed by rising volume, just observe, don't take it seriously.

Another fatal mistake—catching falling knives. You have to wait for a stabilization signal before making a move. What counts as stabilization? Patterns like rounded tops and bottoms, irregular double bottoms—study and summarize these on your own. Instant V-shaped reversals are rare; don't try to catch that one second. But be careful: if a pattern appears in the middle of the previous high and low on the 1-hour chart, it's most likely a continuation rather than a reversal.

Everyone who's chased at the top knows that pain. The market keeps moving, but as soon as you chase, you're stuck. How do you tell if it's a top? If the rise has exceeded half the total range, stay out. For example, if an asset has a 100-point range and it's already moved over 50 points, a pullback could happen anytime. If you're using Bollinger Bands, don't enter when the price is hugging the upper band—wait for a pullback to the middle, lower band, or the 10-day moving average.

The trading session is also crucial. After 2:30 PM and after 10:30 PM, there's basically no movement—the day's volume is already spent and the direction is clear. Opening a position at this time is just gambling.

Finally, let's talk about stop-losses. If you're not confident in your read of the market, don't force a trade. Don't treat stop-losses as insurance for random entries. Only enter with a clear logic, set your stop-loss as soon as you're in, and if you get stopped out but your logic hasn't changed, just wait for the next good entry point.