The Secret of Rolling Positions for 1000 Times in 3 Years: The Three Iron Rules I Learned from a Million Loss
After blowing up my account 3 times, I finally understood the manuscript of Livermore
It turns out all finance books have deleted the most crucial 5 pages
1. 90% of opportunities are invitations from the Grim Reaper
My trading journal in 2023 shows: there were only 2 times in the whole year that truly met the rolling position conditions, while the other 17 seemingly perfect trends were ultimately traps for harvesting.
True rolling positions are not about frequent operations, but waiting like a cheetah for that "plunge + consolidation + three bottoms" golden window.
2. The devil is hidden in the leverage calculator
Most people blow up their account on the last margin increase because they don't understand this counterintuitive formula:
Safe leverage = initial leverage × (1 + current floating profit%)
For example, if your initial leverage is 5% and your floating profit is 50%, the actual bearable leverage is 7.5%—but 90% of people will greedily increase it to 30% at this point...
3. "Not rolling" is the top-level mindset
When I adhered to these three principles, my account started to grow exponentially:
When the weekly trend is downward, absolutely do not roll long
Directly give up on coins with turnover rate less than 70% of the previous high
For targets that have not gone through the emotional cycle of "panic → hesitation → despair", don't even look at them
Want to know why the third pullback is considered God's money gift? You can follow me
Remember: the essence of rolling positions is to exchange 9 times 1% stop-loss for 1 time 1000% celebration. When I stopped thinking about rolling positions every day, wealth began to flow to me instead—this paradox is worth your careful consideration.