At 3 AM, my eyes fixed on the K-line, my heart beating so fast it felt like it would explode, and I was on the brink of collapse.
I have also experienced that kind of hell.
My account dropped from hundreds of thousands to a few thousand, that feeling was like being completely hollowed out.
Until one day, I understood: what saved me was not secret indicators, but a few iron rules honed from repeated losses.
$LUNA These rules changed me.
First rule: Give up chasing trends, only enter at my own price points.
Market opportunities are everywhere, but the principal that has been lost cannot be recovered. I kicked the addiction of "fear of missing out" and forced myself to only enter at the preset, most reliable ranges. At other times, no matter how itchy it gets, I hold back. Rather than blindly chasing the market, it’s better to wait for the signal that belongs to me.
Second rule: You can only make money if you are alive.
The first step in opening a position is not to think about how much to earn, but to calculate how much I can afford to lose at most. The principal is your fighting power; once it's gone, it's really gone. Control your position size to survive the next market cycle, and you'll have a chance to turn things around.
Third rule: Profit layering, never go all-in against the trend.
When I make money, I let the main position ride the trend while taking profits from the secondary position at key levels. This way, I can both capture the benefits of an upward move and retain chips to recoup losses when the market suddenly pulls back.
Fourth rule: Wait calmly without a signal.
Every trade must have a clear trigger point. Whether I’m in a good mood or not doesn’t matter; what matters is whether the rules are met. Without a signal, I resolutely do not take action.
By trading according to this simple yet strict set of rules, I slowly transformed from a retail trader led by emotions into a disciplined trader with a plan.
My profits have also stabilized from an unstable few dollars to a steady four-digit figure. The most crucial thing is that I am no longer led by the market and fear.
In the past, I would recklessly rush in during the night; now, I hold a lamp, and the light is always on.
