How to Turn Around After a Liquidation? A Practical Guide to Rebuild Your Trading Confidence
Is the pain of your account hitting zero still burning deep inside? Don't avoid it; at this moment, you need an honest self-dialogue. A liquidation is not the end, but the starting point for transformation. Accept this practical guide to help you rise from the low point:
1. Face the Losses, Start with Review
Don't let failure hurt in vain! Spend 3 days organizing your delivery orders, list the leverage multiples, stop-loss execution, and points of emotional control in a table, just like identifying the root causes of a disease.
2. Rebuild Trading Principles
- Strictly Control Risks: Single trade losses should not exceed 2% of the principal (if the principal is 10,000, the maximum loss is 200 yuan), use trailing stops to flexibly control the situation.
- Recharge and Upgrade: Read 2 hours of cryptocurrency-related books daily, say goodbye to the "bet on rebounds" mindset.
- Calm Decision-Making: Record emotional fluctuations during trading, set a 15-minute cooling-off period before placing orders.
3. Practical Training with Small Capital
Start with a 500 yuan simulated account, focusing on validating:
- When Bitcoin's daily fluctuation exceeds 5%, can you decisively take profits?
- When facing a floating loss of 1.5%, can you firmly stop losses?
In the first 3 months, trade a maximum of 2 times a day to reduce trading frequency and develop a good rhythm.
4. Steady Compound Interest Advancement
Once you achieve a winning rate of over 65% in 10 consecutive trades, gradually increase the principal to 2000 yuan. Remember:
- Monthly profit target of 8%-15%, steady progress annualized.
- For every 50% profit, set aside 30% as risk reserve capital.
The journey of trading does not have wasted pitfalls; turn this lesson into a stepping stone for next time's profit!