When your account reaches 1 million, the world really changes (The truth about ordinary people turning their lives around)
When you truly have 1 million in capital, you will find that the world has completely changed.
Without engaging in high leverage or thrilling plays,
if the spot market rises 20%, that’s 200,000.
This is already a ceiling annual income that many people would never touch in a lifetime of work.
No matter how loud the bull market is, it's just talk.
Money is always earned bit by bit.
The real core of trading: judging the size of opportunities
You can't always trade with a small position and waste time, nor can you bet your life with a heavy position every day.
The correct rhythm is:
In small markets, practice with small positions; when a major market arrives, only then bring out the 'Italian cannon'.
This step is called—rolling positions. As long as you roll them three or four times in a lifetime,
from zero to tens of millions, it’s really not difficult,
enough for ordinary people to cross the threshold of 'wealthy people'.
When is it appropriate to roll positions?
There are three situations; in all other cases, give up:
1️⃣ Long-term sideways, with extremely low volatility, about to choose a direction
2️⃣ In a bull market, a sharp drop after a big rise (a pit created by emotions)
3️⃣ Weekly level major resistance being broken (or major support being broken), the trend is about to change
The two most stable ways to roll positions
Floating profit position increase: buy again after making money, provided that the overall cost is decreasing
Base position + T strategy:
One part held long, one part high sell low buy
The core purpose is simply two words: reduce costs, expand profits
Only recognize two signals for increasing positions
1️⃣ Trend breaks the convergence range, increase position to catch the main upward wave, take profits when earned
2️⃣ Pullback to key moving averages, buy in batches, wait for the next wave to start
Here’s a set of 'extremely simple' practical principles for you
I relied on it to avoid many detours:
When the market crashes, but your currency is strong, it indicates that there is capital supporting it.
Beginners only need to look at the lines:
Short-term 5-day line, medium-term 20-day line, break it and walk away
Buy when the main upward wave has not increased in volume, hold when volume rises
If no movement for three days in the short term, walk away; recognize losses immediately at 5%
If it drops 50% from a high position and falls for 8 days, a rebound is likely
Only buy leaders: those that rise sharply and resist falling
Go with the trend, don’t guess the bottom
Don’t get carried away by making some money; reviewing past trades is more important than placing new orders.
Trading is not about how capable you are, but whether you can survive longer.
Set up the system well, maintain the rhythm, and money will naturally roll in front of you.