From losing sleep to earning a million a month: My 'foolish method' works.
In the world of cryptocurrency trading, I went from losing sleep over my losses to now earning a stable million a month. It's not due to talent or luck, but rather a set of 'extremely simple' methods—easy to implement and particularly effective.
1. Capital Iron Rule: To make money, first protect your principal
No strategy can survive a single liquidation; it’s all for nothing. My iron rules are three: diversify your positions, with a principal of 100,000, only risk 10,000 per trial, and never exceed 20% total exposure; set fixed stop-losses, exit immediately if a single trade loses 2%, without hesitation or holding; avoid high leverage, which is completely prohibited for beginners, and even experienced traders should not exceed 10% leverage, as this alone can avoid 90% of liquidation traps.
2. Core Strategy: Do less to earn more
The market does not make money based on the number of trades, but rather on making the right trades for profit. I teach only three key points: one-way trading, either only long or only short, no back-and-forth, which naturally increases success rates; mechanical execution, set a 3% stop-loss and a 5% take-profit in advance, which is more reliable than judging based on feelings in the moment; control frequency, the first 1-2 trades of the day are the highest quality, more than 3 trades basically means handing out money.
3. Warning Zone: 90% of beginners fall here
Increasing your position against the trend is absolutely inadvisable; every time you add to your position, you get closer to liquidation; don’t engage in meaningless trades, as transaction fees accumulate and can eat up more than half of your profits; not taking your profits is equivalent to not earning; most liquidations stem from the greed of 'it can go up more.'
With the same 100,000 capital, different methods lead to vastly different outcomes. The wrong method is to go all-in with high leverage, averaging down on losses, and holding, ultimately leading to liquidation; my method is to use 20,000 as a base position, strictly execute a 3% stop-loss and a 5% take-profit, only engaging in two high-quality trades per week, with monthly returns stabilizing at 8%, compounding annually over 150%.
Remember the expert’s mantra: use spare money, stick to discipline, only engage in one-way trades; don’t go all-in, don’t hold positions, don’t block both sides. Lastly, a reminder, contracts are not a casino; those who gamble with their living expenses will eventually exit, protect your principal, live long enough, and you will qualify to earn big in the cryptocurrency space. @温舟-主流
