Single transaction of $460,000, only 9 days cycle—this achievement sounds a bit outrageous, but the underlying logic is actually very simple.

Recently, a few transaction data are laid out here: FHE moves 18,000 in one day, ZEC takes 20,000 in two days, PIPPIN directly 110,000. Many people’s first reaction to these numbers is—this guy must have insider information, and needs to watch the market until his eyes are bloodshot. Honestly, that’s not the case.

**Signals first, guesses second**

There are really only two core things. First, wait until the "signal is clear enough" before acting; second, once in position, execute decisively and exit immediately if wrong. Never rely on guesswork, only listen to what the market itself is telling you.

Take ETH as an example—this isn’t an arbitrary entry. Wait for its secondary retest, a clear inability to go lower, and the trend to stabilize. FHE, on the other hand, waits until it hits a previous high, with momentum clearly waning and unable to rise further, then reverses to short. You can never precisely guess the top or bottom, but when the price itself gives signals of "turning" or "breaking through," following the trend is enough.

**Cut losses first, let profits run**

The primary task when opening a position is never to calculate how many points you can earn, but to first set your stop-loss firmly. I can accept small losses—this is the cost of riding the big trend. But once you’ve got the direction right, you must be ruthless in letting profits run, just like that ETH trade, which was held steadily for 9 days before closing.

The essence of making money in trading is: using small but certain costs to gamble on a big potential reward. You don’t need to be right every time—actually, no one can be—but when you are right, you must have the ability to hold on.

**Staying up late watching the market vs waiting patiently for opportunities**

If your daily routine involves staying up late watching the market, feeling anxious all the time, regretting a sale or worrying about a buy, then it’s not really you trading, but the market leading you by the nose. Decisions made in this state are almost certainly driven by emotions.

The real opportunities are waited out, and real profits are earned by sitting still. This may sound like clichés, but it truly holds in the market.