I remember back then, I plunged into the market with a principal of 20,000, and in less than three months, my account was almost depleted—leaving only 1200U. That night, I stared at the screen in a daze, my finger hovering over the uninstall button, almost ready to give up completely. That kind of pain wasn't just about money; it was the feeling of being utterly foolish.
But after the pain, I calmed down and turned over every transaction record, painstakingly extracting seven rules. With these, over six months, I slowly rolled 1200U up to 280,000U. This isn't some esoteric knowledge; it's purely about having the right understanding, and the results naturally followed. Today, I want to share these lessons learned with real money from my personal perspective, and see if you resonate with them.
First, when signals are all over the place, don’t do anything. If the market is chaotic and you rush in blindly, you are basically giving away money. I’ve suffered this loss before, but I’ve learned my lesson.
Second, when chasing popular projects, be quick but don’t be greedy. Think about your exit point before entering; as soon as the hype fades, leave immediately without looking back.
Third, when a real main upward trend comes, you have to withstand it. When you see high open volume, don’t be scared away by a little fluctuation; you must hold steady to reap the benefits. I used to get shaken out, but now I understand.
Fourth, when a huge bullish candle rises, it often reminds you to take profits in batches. Don’t always fantasize about selling at the highest point; taking profits in batches is much safer than anything else.
Fifth, look more at the daily charts; the moving averages are the signposts for ordinary people. Golden crosses, death crosses, support and resistance—these basics are much more practical than flashy indicators.
Sixth, operations should follow the trend, but act against human nature. Hold on as long as the uptrend remains, and only consider picking bargains when it stabilizes at the bottom. Don’t always predict tops and bottoms; that’s hard to guess.
Seventh, never bet everything at once. Enter in batches to spread the cost, and before placing each order, think carefully about where your stop-loss point is. Risk control is my lifeline.
This market is very realistic; when your understanding is in place, money will naturally come. Many people aren’t not working hard; they just haven’t found the right path, constantly going in circles. The market is always there, but opportunities don't wait for anyone. I’m an example of this, having crawled up from the bottom; it’s not luck, it’s the rules that are honed through hard work. Learning is your greatest wealth, let’s encourage each other.
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