One year of trading without breaking a million?
Seven years of practical experience with a profit of 50 million, helping you avoid 3 years of detours!
After seven years in the market, from three liquidations to financial freedom, accumulating over 50 million in profits, every penny holds bloody lessons.
Today, I will break down 10 core principles, all direct practical experiences:
1. Don’t go all in with less than 100,000! Just catching one major uptrend in a year is enough; in a market vacuum, patience is more important than skill.
2. Practice with a simulated account before trading live! Money that comes from outside your understanding is hard to earn; a simulated account allows for countless trial and error, while a live account can mean immediate loss.
3. Good news can become bad news! If major good news is not realized on the same day, sell directly at a high open the next day; don’t hold on to false hopes and risk getting trapped.
4. Always reduce positions during holidays! History has repeatedly verified that going in with no position or light positions before holidays can avoid sudden plunge risks.
5. Keep cash for medium to long-term positions! Don’t think about fully riding one wave; high selling and low buying with rolling operations is a safe strategy for retail investors.
6. Focus only on active coins for short-term trading! Avoid coins with low trading volume and small fluctuations; they waste time and frustrate your mindset.
7. Get the timing of rises and falls right! The slow decline can be frustrating, but after a sharp drop, quick rebounds are easier.
8. Stop-loss is the survival bottom line! Cut losses immediately when you buy wrong; as long as the capital is still there, there’s a chance. Holding on stubbornly will only deepen your losses.
9. Focus on 15-minute candlestick charts for short-term trading! Using the KDJ indicator can help accurately capture buy and sell points, which is much more reliable than blindly following trends.
10. Quality over quantity in skills! There’s no need to learn every method; perfecting one or two techniques can lead to stable profits.
These principles are not empty talk; they are the survival strategies that I have forged with my own money.
Avoiding detours is making money; if you haven't broken through your bottleneck in a year of trading, feel free to reach out to me for a chat.
No empty promises, no boasting, just sharing practical skills that can be implemented.
The team still has a few spots left; if you want to break out of difficulties and make steady profits, follow me, and I’ll help you avoid pitfalls and make more money! @juice13