Don't rush with small funds! I brought a newcomer from 1000U to 20,000 in half a year; stability is the key.
You are thinking about doubling your money quickly, but the market just wants to push you down first.
Brothers with less than 2000U, listen to my advice: the faster you try to make money, the faster you will lose it; the more stable your account is, the more solid it will be.
Previously, I guided a young man who just entered the circle; his account was just over 1200U, and he was trembling when opening positions, always afraid of waking up to find his money gone.
I didn't let him rush to earn; I just taught him to follow the process. After half a year, his account directly broke 20,000, and later even surged to 30,000, without once going all-in and without any emotional trades.
Others thought he was just lucky, but only I knew it was due to a clear process.
The first step was to teach him to manage funds in tiers:
Split 1200U into 3 parts, use 400U for day trading profits, like the small fluctuation last week with $SOL ; each time just use 50U;
600U for swing trading when standard opportunities arise; the remaining 200U should never be touched as a safety net.
Just like the recent $ETH consolidation, he followed the rules and didn’t make any rash moves, avoiding a subsequent 5% pullback; if he had rushed in, he would have lost early.
The second step is to follow the trend and not gamble on direction; only enter the market when the trend is clear, and when you earn 10%-20%, pull back some profits first.
The third step is to cut losses decisively, keeping losses under 2%; when profits reach 4%-5%, take half of it off the table, and do not add to losing positions.
Many people say that small funds can't make it, but in fact, small funds require more patience and adherence to rules.
Take it step by step steadily to go further.
Remember: it's not the people who can turn the tables that survive, but those who survive can turn the tables.
Don't rush to achieve results with small funds; follow the process correctly, and your account will gradually grow.
Those who can survive in the market and still make money have always been the ones who dare to reach out first.
Are you ready? @bit福多多
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