1. Liquidation Night: When 'gambling luck' turns into 'gambling life'
When Xiao Bei found me, there were only 3000U left in my account. He described the process of losing 500,000U as 'like being thrown into a tumble dryer, dizzy and disoriented, and in the end, losing even my pants.' Such stories are not new in the market, but every time I hear them, it's like a rerun of an old movie—similar plot, but the protagonist always feels like they are the exception.
I told him: Contracts are not dice; they are a chess game. First, think about how not to lose, then think about how to win. Gamblers seek to turn the tide in one blow, while chess players seek to survive until the end.
2. Three Iron Rules: Give trading a 'breathing machine'
That day, I had him do two things:
Lock in the lifeline: Store 1000U in a cold wallet, send the key to his mother, sever the retreat of impulsive withdrawals;
Breathing position system: Keep only 2000U in the account, single stop-loss 1%, take-profit 3%, withdraw profits to the bank card on the same day, never leave overnight.
These three rules are stuck on his phone wallpaper, computer desktop, and bathroom mirror:
Not understanding = not doing: If the moving averages and trend lines are not aligned, no matter how crazy the market is, it's just someone else's fireworks;
Open position and place orders: stop-loss 1%, take-profit 3%, close the software immediately after the transaction—whoever watches the market works for the exchange;
Profit should be taken the same day: Profit is fish, and it should be cooked, don't leave it in the hold to rot.
3. From the first week to the fourth week: from 'stir-fried noodles with egg' to 'leave the group for safety'
First week: The market was sideways, he only opened one position and made 900U. He sent a photo of stir-fried noodles with egg at midnight: 'So money can be earned like this.' I replied: Keep sleeping.
Second week: The candlestick chart was chaotic, he was out of position for five days. People in the group sharing ten times leverage screenshots laughed at him for being timid, he replied: 'Trading in a volatile market is like giving the dealer bullets.' He conveniently left the group.
Third week: Popular coins crashed 47% in the early morning, the community wailed and flooded the screens. His account was quiet—because he was not in position, and even the stop-loss was not triggered.
Fourth week: The bulls broke through with volume, he timed his position increase, rolling 2000U to 6000U, withdrawing 4000U, and his account returned to the 'breathing position' principal.
Three months later, he had 12,000U more in his bank card, and changed his Twitter signature to: 'I haven’t become a deity, I just learned not to die first.'
4. The essence of survival: slow breathing, live long to see
The market is always full of myths, what’s lacking is those who live to see the script begin. Most people treat leverage as a booster, but it becomes a detonator; treating 'all in' as boldness, but it ends up as a martyr's monument.
My opinion is very straightforward:
Trading is a game of probability: Out of 100 trades, 90 are small wins and small losses, 5 are big wins, and 5 are big losses—the key is not to let big losses wipe out the principal.
Emotions are the number one enemy: FOMO (fear of missing out) and FUD (fear of losing money) are two sides of the same sword; quitting emotions is more important than learning technical analysis.
Rules > Talent: Xiao Bei's success is not about reversing 'luck,' but rather using rules to tie his hands and feet, waiting for the wind to come, rather than chasing the wind.
5. The last sentence
When the next bull market starts, I hope you are still on the track breathing, rather than lying by the roadside as a warning sign. The principal is the boat, and the profit is the fish—if the boat doesn't sink, there is fish to eat.
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