Last year, a brother came to me with only 1200U left in his account, telling me, 'I don’t seek to get rich quickly; I just want to turn things around.' I didn’t give him any specific points or indicators, just tossed him three sentences. As a result, he followed them for 90 days without blowing up, and his account grew from 1200U to 50,000U. Today, I’ll give you these three sentences exactly as I did to him; how far you can go depends on yourself.
First rule: Cut the money first, never take it all at once.
Do not operate the full 1200U at once; instead, split it into three segments of 400U each, and trade them separately. Each segment must fight its own battles, and cross-trading is not allowed.
One segment for short-term trading, a maximum of two trades a day; if you make money, close the position.
One segment for trend trading; if the weekly chart doesn’t point up, treat it as nonexistent and always be ready to stop-loss.
The last segment is for life-saving money, used to guard against spikes and black swan events. Even if you lose, you can make up for it that day, ensuring you are still at the table.
Remember: Being liquidated is not a crime; a full position is a death sentence. If you lose a finger, it can grow back; if you lose your head, you are completely out.
Second rule: Only take the most lucrative bite of the trend; be a turtle at other times.
A choppy market is like a meat grinder; you enter ten times and get sliced nine times. My operating standard is very simple and brutal:
If the daily moving average is not in a bullish arrangement, stay in cash.
Only enter the market after breaking the previous high and confirming the breakout with a daily close.
If profits exceed 30% of the principal, immediately take half out and set a 10% trailing stop-loss for the rest, letting the market help you run.
Remember: The market is never short of opportunities; what it lacks are those who can survive to the next station.
Third rule: Lock your emotions; only press the button.
Before entering the market each time, you must write your 'life and death statement' in advance:
Set the stop-loss at 3%; if it hits the stop-loss point, cut it immediately, no discussion.
When profits reach 10%, immediately adjust the stop-loss to the cost price; subsequent profits are given by the market.
Turn off the computer at 23:00 every night, do not watch the market. Even if the candlestick looks good, don’t look at it; if you can’t sleep, uninstall the app to avoid emotional fluctuations.
Trading must be mechanized to the point of boredom; only then can you survive long enough. In the cryptocurrency world, what matters most is not short-term profits but how to survive long-term.
Lastly, let me say something unpleasantly true:
1200U to 50,000U has never relied on miraculous operations but on making fewer mistakes. Markets are available every day, but the principal is not always there. First, engrave these three dead rules into your bones, then study wave theory, Fibonacci, indicators, and funding rates. Remember this: Survive to talk about wealth; if you don’t survive, you’re just a transaction fee on someone else's bill.
