The painful lesson of exploding from 100,000 U to 5,000 U: How did I turn things around with a sniper mindset?
Last year, a fan went crazy in the contract market, blowing up from 100,000 U down to only 5,000 U. His state was exactly like most losing traders—
High-frequency trading, giving away heads: dozens of trades a day, with transaction fees dropping faster than the principal.
Hanging on until the end, recharging faith: "The bull will return, quickly come back!" The result was not a bull market, but a return to zero.
FOMO all-in, tragically becoming a leek filling: seeing others flaunt hundredfold coins, he jumped in with all his capital, waking up to find only scraps left...
During that time, he watched the market at dawn, with ashtrays piled high, K-lines blurring his vision, and finally collapsed in his chair asking himself: Am I being slaughtered by the market?
Later, he found me with only 5,000 U left, and I said one thing:
Want to turn it around? Instead of wildly spraying with a Gatling gun!
I only let him do these 3 things, and as a result, he slowly recovered his losses.
Only trade in "certain market conditions", refuse to be a slave to K-lines.
Throw away the 1-minute K-line, only look at 4-hour and above level breakouts!
Better to miss 10 opportunities than to make 1 wrong trade!
Trade no more than 3 times a day; if you feel anxious, go exercise, don’t touch the keyboard!
Devil’s rolling technique: Win big, cut losses small, let profits run wild.
The first trade should never exceed 10%; only increase position after making a profit!
Take profit on 20% immediately, set a trailing stop for the remainder, and hold on till the end!
Cut losses directly at 5%, never average down, never fantasize!
Stop-loss is a lifesaver; luck will lead to death.
If you have consecutive stop-losses twice, turn off the machine! Prevent emotional trading.
Review daily trading records; understand losses clearly and maximize profits!
Later he asked me: Why did no one tell me these things before?
I laughed: Because 99% of people would rather blow up their account than admit they are gamblers.
The first step to turning things around is to learn to survive!
Discipline is greater than everything! Those who blow up their accounts, 99% die from the luck of thinking they can hold on for a bit longer to break even.
Record every trade! Understand losses clearly and maximize profits.
Now, do you dare to open your trading records and see how you actually lost?
If you are still confused, perhaps what you are missing is not an opportunity, but a truly effective strategy...
Want to double your account, want to enjoy big profits, want to successfully recover losses
Follow Yi An closely to position ahead of the bull market's main surge!
