True trading experts simplify things; they repeatedly do simple things. This short-term trading model has a win rate of 98.8%, and learning it allows you to easily turn 100,000 into 10 million, just focus on this one model!
1. Diversifying your positions is not a superstition; it's a lifesaver!
How specifically to diversify?
For example, if you have 30,000U, split it directly into three parts, each part being 10,000U. Only use one part each time you open a position, and lock the rest away as if it doesn't exist.
Remember two numbers: Bitcoin maximum 10 times, altcoins should not exceed 5 times!
Even if you are sure a coin is going to skyrocket, don't be greedy! The higher the leverage, the easier it is for the exchange to send you to zero with a single pin.
For example: If you open a 10x position with 10,000U and the price drops by 10%, your account evaporates directly. But if you only open 5x, you will only blow up at a 20% drop, so your margin for error doubles.
Diversifying positions has a hidden function: it helps you stay calm!
When people start losing money, they easily resort to 'revenge trading', which only results in greater losses.
After diversifying positions, even if you lose 1 part on a whim one day, the remaining 2 parts can help you stay calm. Is losing 10,000 the same as losing 30,000 in terms of mindset?
2. High leverage = chronic suicide, don't be stubborn!
There will always be people who are unconvinced: 'Old Wang next door made a BMW overnight with 100x leverage; why can't I?'
Brother, Old Wang won’t tell you that he has blown up 10 times, nor will he say that his BMW was traded for his house title.
The truth about high leverage is just two points:
1. Pinning is a remedy for disobedience: Exchanges love you high-leverage traders; a single pin in the middle of the night can take all your capital.
2. Mindset collapses directly: Opening 100 times leverage, a 1% price fluctuation makes you restless; can you still operate rationally?
Remember:
- Bitcoin over 10 times = risking your life
- Altcoins over 5 times = free money
The lower the leverage, the more you can hold positions and seize trends!
Three major ways to die when trading against the trend:
1. Holding on stubbornly: 'I refuse to believe it won't drop!'—resulting in total loss of capital.
2. Averaging down type: 'If it drops again, I’ll add to my position to average down!'—resulting in running out of funds.
3. Superstitious type: 'The K-line has formed a golden cross; it must reverse!'—the dealer's big bearish line teaches you a lesson.
The correct posture: Better to miss out than to give away your money!
Is the market skyrocketing? Just watch! Missing out won't cost you money, but losing money against the trend can be deadly.
1⃣ Only 10% of people in this market can make money because it is destined to be a zero-sum game;
2⃣ The money you can earn will only occur during 20% of bull market time; the rest of the time will eliminate those without investment logic and patience;
3⃣ Always maintain a mindset to withstand a 30%-50% drawdown to laugh in the end; otherwise, the process will be a torture for you;
4⃣ 40% of new investors may end their journey early; there are more traps in this circle than you think;
5⃣ At least 50% of people in this market will choose to trade contracts, most will ultimately gain nothing and lose everything; remember that contracts are gambling;
6⃣ In a bull market, over 60% of those trading spot can earn, and the true winners are those who can hold steady throughout the entire bull market cycle.
7⃣ It is estimated that 70% of people are always recharging without ever cashing out; the crypto world is far more brutal than you can imagine;
8⃣ 80% of people are unable to return to the past due to the wealth effect of this circle, just like being addicted to drugs;
9⃣ 90% of people are merely passersby in this market, yet everyone believes they are the chosen ones;
If you want to choose trading as a career, you must read why those who walk away from trading become stronger and why traders are lonely.
If you are determined to live off trading, take a few minutes to read this thoroughly—this is not an ordinary career choice, but a journey of drinking with loneliness and reshaping your soul. You are about to step into a realm difficult for ordinary people to comprehend.
1. Loneliness: The ultimate backdrop of a trading career
The loneliness of traders is not a pretentious feeling of solitude, but a realm after the tempering of thoughts. Experienced veterans in the market understand this path well: they walk between heaven and hell, swallowing the intense pain of failure alone and finding joy in profits is just 'raising a cup to invite the bright moon, with shadows making three'.—All achievements are built from their own blood and sweat, which others find hard to empathize with.
The loneliness of full-time traders stems from three barriers:
The cognitive gap with family: The concept of living off trading is not yet widespread, and family members often find it hard to understand and support. When successful, they take it for granted, ignoring the storms you’ve weathered; when you fail, the accusations of 'not doing the right thing' pierce like blades. The pressure of trading is a mental torture uniquely yours.
Isolation from the human nature game: Trading is the most naked trial of human nature, and a few years in trading can give you experiences that others may take decades to encounter. You reshape yourself in the market; your perspective, thinking, and logic will differ from the norm—this insight will make you drift away from those around you, like a warrior crawling out of the trenches; those who have never experienced the battlefield will never understand your soul's tremor.
The island of trading systems: Experienced traders all have their unique 'martial arts techniques', loyal only to their own systems, naturally distanced from others' methods. Additionally, trading concepts vary widely; even fellow traders often fall into the awkwardness of 'talking past each other'—those who can truly resonate are rare.
2. The dark side of trading: Reconstruction and the abyss of fragmentation
Living off trading, you will face a truth more brutal than loneliness:
The norm of a mental purgatory: Severe depression during downturns shadows you; old worldviews are crushed by the market, and doubts, rejections, and lack of understanding flood in like a tide. You will repeatedly jump between despair and madness: crying, isolating, grimacing, hallucinating… All negative emotions gnaw at your mind and body, yet there is no one to confide in; you can only bite down on your teeth and swallow it, swimming alone in the darkness.
The excruciating pain of self-reconstruction: The market will strip you down to your bones and force you to grow new flesh. Each liquidation and every round of market beating is a subversion of your understanding—you must tear apart your old self and rebuild your trading logic and personality system from the ruins; this process is more painful than shedding skin.
3. Coexisting with loneliness: The way for traders to break through
If you are still determined to walk this path, remember:
Embrace loneliness, don't fight it: Treat loneliness as a network; it will force you to think deeply and build a stronger mental world. The market is the best teacher, and loneliness is the toughest training partner.
Establish a 'mental defense system': In valleys, use trading journals to reflect and redeem; in crashes, use exercise and reading to tear apart negative emotions. Remember, the suffering that can kill you will ultimately make you stronger.
Always maintain a 'human anchor': In the trading battlefield, leave a window for your family and a light for your life—don't let the market completely swallow your connection to the real world; that is your last line of defense against falling into the abyss.
Can you turn 5,000 into 1 million trading coins? Listen to these practical experiences!
See how I turned a small initial capital into over 30 million in ten years! The core secret lies in leveraging contract trading for greater returns! But don't rush to enter the market impulsively; we must proceed step by step. You can first convert 3,000 from the 5,000 into 400U (approximately 400 dollars), and then operate according to the plan.
Let's take two steps:
Step 1: Start with a small capital and roll it into a snowball (from 300U to 1100U)
Each time take out 100U, specifically choosing recently popular coins. There are two key points here:
Profit means withdraw: Once profits double, for example, turning 100U into 200U, immediately cut your position; don't get attached to the battle.
Cut losses decisively: If you lose 50U, decisively exit to avoid further losses.
If you are lucky enough to win three times in a row, your money can roll to 800U (100 - 200 - 400 - 800). However, always take your winnings! Play a maximum of three rounds, and stop when you earn around 1100U. This phase relies heavily on luck; do not be greedy to avoid giving back your hard-earned profits.
Step 2: Combine multiple strategies for attack (starting from 1100U)
At this time, divide your funds into three parts, each adopting a different trading strategy:
1. Quick in and out type (100U)
Focus on price fluctuations within 15 minutes, choosing relatively stable coins like Bitcoin and Ethereum. For example, if you observe Bitcoin suddenly rising in the afternoon, quickly follow up and go long, making a profit of 3% - 5% and then decisively selling out, just like street vendors, pursuing low profits and high sales.
2. Buddha-style regular investment (15U weekly)
Take out 15U weekly to purchase Bitcoin contracts. Assuming Bitcoin's current price is 50,000 dollars, and you anticipate a long-term rise to 100,000 dollars, then stick to regular investments. Treat this like a piggy bank; even if the price drops, there’s no need to panic, suitable for those who don’t have time to monitor the market all the time, holding long-term for appreciation.
3. The main event trend position (bet all remaining funds)
When you identify a major market trend, act decisively! For example, if you notice signs of the Federal Reserve lowering interest rates, predicting Bitcoin might surge, open a long position directly. But before acting, you must plan ahead: clarify the profit level at which you will exit (e.g., doubling your investment) and the loss level at which you will cut your losses (set a maximum loss of 20%). This strategy requires a certain sensitivity to news and an understanding of technical analysis; beginners should not operate blindly.
Important reminder:
Control your position: The maximum amount you invest each time should be no more than 1/10 of your total capital; firmly avoid fully investing to prevent total loss due to a single mistake.
Set stop-loss: Every time you place an order, you must set a stop-loss level to control potential losses.
Limit the number of trades: A maximum of 3 trades per day. If you feel the urge to trade frequently, play some games to distract yourself and avoid emotional trading.
Withdraw profits in a timely manner: Once you reach your profit target, immediately withdraw the profits; don’t think about 'earning one more round'; securing profits is the hard truth.
No matter how diligent a fisherman is, he won't go out to fish during a stormy season, but will carefully guard his fishing boat. This season will eventually pass, and a sunny day will come! Follow me, and I will teach you both how to fish and how to make money. The cryptocurrency market's door is always open; only by going with the flow can you have a life that flows smoothly. Save this and keep it in mind!
I have traded everything you have traded, and I have also traded what you haven't; every trade is a real experience summary, not derived from military strategy; true skills cannot be learned, and no decisions are left for posterity! Follow me, welcome to communicate and learn together, and fight side by side!