I once faced liquidation 3 times, heavily in debt, owing up to 200,000 at my peak. $BTC
At that time, I wanted to give up countless times, but in the end, I gritted my teeth and persevered.
In the last instance, I took the remaining 50,000 and used the simplest strategy to gradually roll over my positions, ultimately achieving an 8-digit amount.
My biggest realization along this journey is:
Small losses, big gains; cut losses short, let profits run.
I no longer pursue a high win rate but focus on the risk-reward ratio.
I use the simplest indicators to identify long and short positions, only going long in a bullish market and never taking contrarian positions.
I choose my entry points at critical trend locations, such as bottom areas or the early stages of a trend, where stop losses are small; if I'm wrong, the cost is also minimal.
My base position is always light, and risk is always my top priority.
My position must be able to withstand the maximum historical consecutive losses, and I have to be even more conservative.
Stop loss is my bottom line for trading; once a key point is breached, I immediately cut my losses without hesitation. Even if the price bounces back, I wait for the next opportunity and never hold onto a losing position, nor do I increase my position size when in loss.
After floating profits appear, I begin to add to my position.
When there is a pullback or a breakout past previous highs, I add to my position in a pyramid manner and move my stop loss accordingly. The base position is already secure; the added portion is where the risk lies.
If the market continues to rise, I firmly hold my position, continue to await pullbacks to add to my position, and keep moving up my stop loss until the last movement is stopped out or there are clear topping signals.
As for taking profits, I never exit easily.
I patiently wait for classic topping patterns or divergence signals, even if the floating profits pull back a bit, I accept it.
Because I know, it's impossible to sell at the highest point, and V-shaped reversals occasionally happen; that's part of the market and not money I should earn.
This method is not complicated; it can even be said to be tedious.
But it is this tedium that allowed me to grow from 50,000 to an 8-digit amount.
There is no holy grail in trading, only discipline and consistency.
As long as you are willing to stick to your principles, even using the simplest indicators, you can thrive in the market. @juice13 #ETH走势分析

