There is a set of trading rules circulating in the crypto circle called "Small Stop Loss, High Take Profit." It seems flawless, but in reality, it is an excellent tool for the main players to harvest retail investors.

You set tight stop-loss levels to control risk? The main players are here to sweep. When the market slightly retraces, your account gets washed out. Over time, those "small losses" eventually eat up the entire principal.

Conversely, many people want to maximize their profits by setting loose take-profit levels to ride the entire trend. But what happens? When the market consolidates at key levels, they are reluctant to exit, and all profits are given back; by the time a major surge occurs, they have already been stopped out frequently and can only watch the gains grow without them.

How do long-term stable traders do it? They set their stop-loss at points where the technical structure is truly broken, rather than cutting losses at minor price fluctuations. For take-profit, they prefer to take profits in stages, gradually cashing out in high-probability reversal zones to ensure profits are locked in first.

Trading is not about slogans; it’s about odds and execution. To survive long and earn steadily, you must abandon seemingly perfect theories and work diligently to refine your system.