That was the longest night of my life.
On the screen, a ruthless big red candlestick of Bitcoin turned the last 20000U in my account into a cold 300U. I closed the trading software, walked to the balcony, and it was already bright outside. The city began to awaken, while my world seemed to have just collapsed. At that moment, I understood that if I couldn't find the right path, no amount of capital would be anything but giving money to the market.
It was from that day on that I set three iron rules for myself: never over-leverage, never fully invest, and never hold onto losing positions. I want to use the most 'timid' way to gradually earn back my money.
First Stage: 300U to 3200U (Duration: 2 months) - Learn to 'stay alive'
At this stage, my goal is not to make money, but to reshape my trading habits.
I only operate when Bitcoin is consolidating, opening positions not exceeding 20% of total funds, which is 60U. I set a stop loss at 3%, and if profit reaches 5%, I immediately close half of the position, setting a break-even stop loss on the remainder.
Many people laugh at me for being too conservative and not making big money. But I know very well that at this stage, what I need is not profit, but to regain my perception and discipline in the market.
What impressed me most was once when I opened a long position of 0.01 lots, quickly making over 8% profit. In the past, I would have added to my position, but that time I strictly adhered to my discipline and closed half at 5%. A few minutes later, the market reversed; because of my break-even stop loss, I not only locked in profits but also avoided a loss.
Two months later, my account grew from 300U to 3200U. More importantly, I developed a habit of mechanical execution—no longer swayed by emotions.
Second Stage: 3200U to 28000U (Duration: 3 months) - Learn to 'take profit'
After my funds increased, I started using the 'Layered Positioning Method'.
I was no longer satisfied with short-term profits, but began to capture trend movements. However, my method of adding positions is quite special: I only add positions using profit portions after the price stabilizes at key support levels.
I remember that wave of Ethereum from 1800U to 2800U; I established a 10% bottom position when breaking the previous high, and then added another 10% when it retraced to the 2000U support using previous profits. When the price broke through 2500U and retraced again, I added the final 10% using profits.
Throughout the process, my principal only bore the risk of a 10% position, but I enjoyed the profits of a full position. Most of those who aggressively entered at the breakout were washed out in the subsequent fluctuations.
At this stage, I truly experienced the essence of 'using profits to seek profits'. The account balance reached a peak of 28000U.
Third Stage: 28000U to 320000U (Duration: 4 months) - Learn to 'win while lying down'.
When my funds reached a certain scale, I realized a truth: large funds are not earned through frequent operations but are 'laid' out.
I have created the 'Three-Stage Positioning Philosophy':
· Bottom Position (30%): Establish at the beginning of a trend; never exit before reaching the target.
· Defensive Position (20%): Gradually increase and decrease in key positions to lower holding costs
· Explosive Position (10%): Only use in highly certain opportunities, quick in and out.
I used this system to capture last year's altcoin wave. In a certain project, I entered with a 30% bottom position at 0.5U, and when the price rose to 0.8U, I withdrew my principal and let pure profits run. When the price eventually surged to 2.5U, my account achieved a qualitative leap.
Nowadays, new traders ask me the same question every day: 'Teacher, how can I quickly double my money?'
My answer has always been the same: 'In this market, slow is fast. When you stop pursuing overnight riches, wealth will quietly come to you.'
Three pieces of advice for beginners:
1. Don't think about making money in the first year; your goal is to survive.
2. Never trade with money you can't afford to lose.
3. Discipline is more important than technique; execution is more valuable than judgment.

