Even small investors have big dreams. But how to achieve them?
In this cruel battlefield of contracts, we are all just small investors. But we also have a heart that desires wealth. The question is, how can we achieve it?
Relying on high leverage for frequent trading won't work. Occasionally, one might multiply their investment dozens of times in a day or even over a hundred times in a few days. But in the end, it still leads to liquidation and total loss.
We can only rely on time for stable appreciation. We are poor and have nothing but time. If we can steadily and cautiously invest, ensuring a high success rate, achieving a tenfold increase in a month is plausible. Even if we can't reach tenfold, achieving two or three times in a month shouldn't be difficult. If we can triple our investment every month, how much is that in a year? It's nearly 178 times! Even if we only invest 10 units, by the end of the year, it would be close to 2000 units. With 2000 units, we would have the capital to turn things around.
Stable appreciation is key. What needs to be avoided is: small capital recharge --> high leverage trading --> liquidation and total loss --> small capital continues to recharge --> high leverage trading --> liquidation and total loss again! This cycle is inescapable, leading to hopelessness!
The correct path is: small capital recharge --> steady and cautious appreciation --> small capital continues to recharge --> steady and cautious appreciation. This way, the principal accumulates over time. Even if you are left with only 10 units, in a few months, recharging to 100 units shouldn't be too difficult, right? Plus, with the appreciation of your funds, you would likely have several hundred units by then. With several hundred units, turning things around is within reach, isn't it?
So how do we achieve steady and cautious appreciation? This relies on trading rules + trading techniques; both are indispensable. The rules are the most critical. If you violate the trading rules, no matter how skilled you are, you will end up with total loss. The most outstanding trader on Binance, “Tortoise and Hare,” is an example; he was once the trader managing the most funds on Binance, reaching a peak of 1000 followers and managing over 10 million units. But in the end, he also faced liquidation and loss!
What are the trading rules? Identify the ones that led to your losses and make sure to avoid them in the future. These become your trading rules. Trading techniques refer to whether your entry points are right or wrong, which can only be summarized through daily trading, gradually improving.
As small investors, we must not be impatient; haste makes waste, and we cannot expect to get rich overnight. Since all we have is time, we must use it wisely. Even small capital can turn around; we must remain steady and cautious, ensuring stable appreciation.