After losing 60,000 on hot pot money, she relied on the "Three Rules of the Fool" to turn her phone screen from shattered glass into an ATM.

Last winter, my sister threw 360,000 she saved for 3 years into the "wealth freedom" hot pot, and as a result, BNB plunged 40% in three days, her phone was shattered worse than the pot's bottom.

I rushed into the study, only to see the screen shattered like a spider web, as if she had stuck a 4,000 "stop-loss order" on it.

I secretly resolved: when she comes out, I will delete all trading apps to prevent her from falling into the fire pit again.

When we met in the tea house in spring, I thought I would accompany her in tears, but she slammed her new phone on the table: 390,000 in her account, filling the pit and still having 30,000 extra.

I was dumbfounded: what did she rely on for a turnaround that even an 8-year veteran couldn't achieve?

The answer is annoyingly simple — three "Fool's Rules":

① Never go all in

No more than 25% per transaction, she said: "Slow is better than going in naked." All-in is for gamblers; she just sees herself as a worker.

② Cut losses at 10%

There’s a sticky note by the computer: "If floating loss reaches 10%, cut immediately."

Pointing at the withered green radish on the balcony: "If you don’t prune rotten roots, the whole pot will die." A stop-loss is buying insurance for the principal.

③ Take profits

Withdraw 85% of profits first, leaving only 15% to roll over.

"Last time I lost 360,000, it was because I couldn’t bear to withdraw 50,000 that turned into 100,000; greed backfired.

The numbers on the screen are virtual; only cash in hand counts."

After hearing all this, I could only raise my glass: the hot pot that I didn’t get to eat that time, now she treats.

The market has no dead ends, only those who don’t follow the rules.

Foolish methods are the real shortcuts.

Those who can survive in the market and still make money are always the ones who dare to reach out first.

Are you ready? @bit福多多

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