Trading for 8 years, from 10,000 to 10 million: the real secret to steady success is forged this way.
To be honest, I was able to go from 15,000 to 10 million, not because of good luck, nor because my skills were flashy.
What truly grounded me is one core principle: those who survive always have a chance; the impulsive always die the fastest.
The summary of these five years can be condensed into a few 'iron rules', but each one was earned through pitfalls, losses, and sleepless nights.
1: Capital is not for gambling, it's for surviving until the next opportunity.
Many beginners jump in with: full margin, all in, betting everything.
What’s the result? As soon as the market turns, they can’t move.
Later, I set an 'iron rule' for myself:
Only use one-fifth of the capital, and allow a loss of only 2% of total capital.
Even if I make five consecutive mistakes, I still only lose 10%. But as long as I seize one favorable opportunity, the profit covers it. This isn’t being conservative; it’s ensuring I will never be struck down by the market.
2: Following the trend is the only truth all experts eventually realize.
When the market is falling, don’t rush to catch the bottom.
90% of rebounds during a downtrend are traps, the more you chase, the deeper you fall.
When the market is rising, don’t panic and run; sudden pullbacks during a rally are mostly 'golden pits'.
The market is filtering out the indecisive.
Following the trend isn’t just a reflex to rise or fall; it’s letting the market tell you when to act and when to stop.
3: The more a coin skyrockets, the less suitable it is for you to gamble on.
What you see is not an opportunity, but a harvesting point after others have pre-positioned.
Those who chase after a 50% rise, without exception, all end up as a line on a tombstone.
What’s truly worth trading are coins that have just started, have volume, have a trend, and have a position.
A surge is not an opportunity; a surge is a signal to exit.
4: Trading volume is the only thing in the market that doesn’t lie.
Prices can deceive you, candlestick charts can wash you out, but volume tells you whether 'money is really coming in'.
Even if you don't understand the technicals, you can still see if the trend is turning up.
All who manage to survive have one common trait:
Steady, but not timid; daring, but not gambling.