Trader Interview Transcript: Growth, Framework, and Market Insights

A seasoned trader shared his journey from beginner to professional trader, along with profound insights into trading frameworks and the market.

Career Development Path and Investment Varieties

This trader initially did not come from a finance background, but gradually grew into a full-time trader through continuous learning and practice. His main trading varieties currently include:

• Cryptocurrencies such as Bitcoin and Ethereum
• US stock index investment
• Some altcoins short-term trading (2024 year )

He emphasized that he is just an "old leek" who has enjoyed the industry's dividends, not someone with exceptional talent. Success comes more from hard work and perseverance.

Elements of a Mature Trader's Trading Framework

He believes that a mature trader's trading framework should include three key elements:

1. Goal Management: Clearly define trading purposes and specific objectives to avoid blind pursuit.

2. Mindset Management: Stay rational and disciplined, and do not be swayed by emotions.

3. Trading System: Establish your own trading logic and methodology.

He particularly emphasizes the importance of rational thinking, believing that it is the foundation of successful trading.

Three Impressive Trading Experiences

1. The experience of making a significant profit followed by a massive loss made him deeply realize the importance of stop-loss.

2. Successfully predicting the trend of a certain cryptocurrency has boosted confidence in technical analysis.

3. An incorrect judgment of the ETH/BTC exchange rate in 2024 led to significant losses, making him realize the uniqueness of Bitcoin.

Three pieces of advice to my past self

1. Carefully select learning resources and read more authoritative finance textbooks.

2. Stick to your stop-loss and do not violate trading discipline out of greed.

3. Remember the original intention of entering the market, and do not let trading affect your life and relationships.

###'s view on the current market

U.S. stocks: short-term volatility is severe, but the long-term outlook remains positive.

Bitcoin:

• The average cost for short-term holders is approximately $92,400, which is a key resistance level.
• TMMP Indicator ( approximately 67,000 USD ) may be the bull-bear dividing line
• There is strong support in the range of 81000-85000 USD.
• Overall leaning bearish, but does not rule out the possibility of a double top.

He stated that he is currently in a flat position and may consider buying in batches if the price falls back to around TMMP. If it breaks through the resistance zone of $92,000-$93,000 and holds, he may also go long through contracts.