3 minutes to teach you how to turn an exchange into a cash machine —— 5 years 0 liquidation, rolling from 2500U to 8 digits, relying on the "fool theory".
I used to think I was exceptionally smart, researching various indicators and stubbornly tackling complex theories, always trying to buy low and sell high, trying to catch every market wave, but the more I struggled, the more I lost.
It wasn't until I understood the "fool theory" that I went 5 years without liquidation, rolling from 2500U to 8 digits, and finally turned the exchange into a cash machine.
The core is three points, simple enough for even a fool to understand.
First, recognize that you are a "fool".
There are too many smart people in the market who always think they can beat the market and become rich with their IQ, resulting in frequent heavy positions and stubbornly holding onto losses. I know I am foolish, unable to understand complex theories, so I stick to the simplest logic. I avoid markets I don't understand and only take one or two opportunities I am confident in. When placing orders, I assume I am most likely wrong and never have blind confidence.
Second, if you can win, go all in. It's rare for a fool to win once, so why not take advantage of it?
Usually, I resist countless temptations to reach out, and when I finally wait for a certain market opportunity, I must seize it fiercely, letting profits run freely, which justifies my previous waiting and trial and error.
Third, if you can't win, run quickly.
For a "fool", losses are normal. Since I know I will make mistakes, I never stubbornly hold on. Once the market proves my judgment is wrong, I immediately close the position and stop the loss, never dragging my feet. As long as there is still a chance to make money next time, because trading is a long-term battle, surviving is more important than anything else.
Abandon the obsession of "smart people" and treat trading with the humility and restraint of a "fool", which helps me avoid most traps.
This seemingly foolish theory is precisely the key to my stable profits over 5 years, rolling from 2500U to 8 digits, relying on this "foolishness".
This market is too expensive and time-consuming to explore alone. I have already organized the pitfalls I have encountered and the verified effective methods, paving the way for you — do you want to walk along with me? @juice13


