At the beginning of the year, I had a student.
When he entered the circle, he couldn't even understand candlestick charts and felt dizzy looking at the trading interface.
But three months later, he turned a mere 1000U into 10,000U.
Many people thought he must have used some 'insider indicators',
but what he relied on was just a ridiculously simple logic.
I call it the 'Five Steps of Foolish Method'. $ZEC
Step 1: Small position division
He divided 1000U into 10 parts, only using 100U each time.
Some laughed at his small courage, but he laughed last.
He would scale up according to the formula once he made a profit, never acting on impulse.
Step 2: Only recognize one signal
He didn't look at indicators randomly, only focusing on two screens:
The 1-hour chart where the 7-line crosses the 21-line,
and then checking if the MACD on the 4-hour chart is turning red below the zero axis.
When the signal appeared, he took action directly. The winning rate was ridiculously high.
Step 3: Discipline to the extreme
At the moment of opening a position, he set the take profit and stop loss:
Loss of 1% means stop loss, profit of 3% means exit.
He timed it precisely, never hesitating.
While others were still manually shaking, he had already locked in his fate.
Step 4: Compound interest snowball
Win a trade, continue to pressure half of the profit and principal;
If he wins again, he only operates with 2% of the total funds.
He seems 'cowardly', but in fact, he is amplifying his winning rate.
Step 5: Avoid the retail graveyard
Having stepped into pitfalls himself, he summarized a 'blacklist':
Do not touch before and after non-farm payroll data release,
Do not touch between 8 PM to 10 PM on Fridays.
Only choose to act between 1 AM to 3 AM $BEAT
'That time period is the cleanest, with fewer traps.'
This is his most foolish yet most valuable experience.
This method sounds completely unsexy,
but it was precisely this 'stubbornness' that turned small money into big money.
In the market, it's not that the losers lack skills,
but that too many people are 'itchy-handed, quick-tongued, and restless'.
Those who understand will turn their situations around step by step;
Those who do not understand can only chase highs and cut lows in fantasies.
Don't envy others' wealth,
whether you can turn 1000U into 10,000U
depends on whether you can be 'foolish' enough.
The road in the crypto world is long,
those who truly reach the end
are never the fastest, but the ones who walk the most steadily.
I will continue to share some practical thoughts and experiences here,
if you are still looking for direction, why not walk together
