Last night, a friend who has been following for a long time sent a message: “After doing this for so long, why is my account still dropping?”
$PIPPIN
I replied: “It’s not that you can’t make money, it’s that you can’t hold onto it.”
He fell silent.
This statement is harsh, but true. Those who have blown accounts understand: the hardest part of trading is not making a profit once, but consistently keeping that profit.
01 The cost of drawdown is doubled pressure
Once an account draws down 50%, it needs to double to return to the original point. This is not a motivational quote, it’s math.
Many people become overly confident after winning a few times, forgetting that the market specializes in various “feel-good” moments. The real test is not how much you earn when the wind is at your back, but how much you can control the drawdown when the wind is against you.
02 The root of losing control is the lack of a system
When the market fluctuates, some panic and cut losses, while others stubbornly hold on — essentially, they lack a trading system.
• Greedy when profitable, fantasizing about rebounds when losing;
• Frequent trading, full-margin bets, blindly chasing prices;
• Making decisions based on emotions instead of rules.
These behaviors will ultimately lead to the same outcome: profit giving back, capital shrinking.
03 The key to breaking the deadlock: use discipline to counter human nature
• Stop-loss lines ingrained in DNA: if a single loss exceeds 5% of capital, exit immediately, do not hold or average down;
• Locking in profits in segments: withdraw original capital after making 30%, set a trailing stop for the remaining position;
• Position management is better than timing: never be fully invested, keep 30% cash to cope with fluctuations.
04 True maturity is accepting “imperfection”
The market will never operate perfectly as expected, but rules can help you survive in chaos.
• Give up the illusion of catching every wave;
• Stick to a high win-loss ratio strategy (for instance, when losing 5%, the profit target should be at least 10%);
• Regularly review, turning failure cases into fuel for system optimization.
The deepest chasm in the crypto world is not between market conditions and luck, but between your “cognition” and “execution.” When you can tame impulsiveness with rules, profits will shift from quicksand to bedrock.
Follow me @bit萧 , no boasting, no empty promises, just sharing the real skills that keep you alive in the market! Continue working in the evening, recovering funds and flipping accounts, come join quickly! #比特币流动性 #加密市场观察