That year, my account only had 5000U.
I watched the market for over ten hours every day, yet the harder I worked, the more I lost money.
The worst time was when I lost four trades in a row and still wouldn't accept it. In the end, I went all in to chase the high, and as a result, one line directly broke through.
At that moment, I suddenly realized:
It’s not the market that is cutting me; it’s my emotions that are 'offering heads'.
I stopped and reviewed every single trade,
The conclusion was very painful:
It's not that I can't read the market; it's that I have no discipline.
From that day on, I only did one thing:
Completely delete the 'feelings' from trading.
$PIPPIN
Later, my account slowly stabilized, and then I started to make continuous profits.
The following are the 'blood laws' I earned with my hard-earned money:
When strong coins fall, don’t panic—that’s often an opportunity.
If it rises for two days, you must reduce your position; greed will eventually be paid back.
If it surges on the same day, never chase the high the next day; wait for it to show its stance.
For truly strong coins, don’t chase the high; only get in when there’s a confirmed pullback.
If it's been sideways for 3 days without movement, wait another 3 days; if still no movement, just exit directly.
If you can’t even recoup your costs the next day, admit your mistake and cut your position.
Volume and price are the most important: High volume at low levels is an opportunity, while high volume at high levels indicates a sell signal.
Only trade in an upward trend; everything else is noise.
For small funds to survive, it relies on three things:
Correct methods, stable mindset, and ruthless execution.
I was able to get out, not because of good luck,
But because I achieved three points:
Don’t touch ambiguous markets, don’t bet on emotional directions, and don’t compete with the market.
Trading has never been about who is more excited,
But about who can adhere to the rules and endure until compound interest takes effect.
I am A Yu.
I don’t sell fantasies; I only talk about the path to survival.
Those who understand will naturally follow.
