I started with a small amount of capital.

The core issue for the vast majority of small capital traders like me who can't grow their funds is not that they don't know how to trade, or that they can't place orders in the market, but rather that they can't overcome their inner fears.

As soon as a trade involves their own money, especially money that affects their basic living expenses, any floating loss feels unbearable, while any floating profit makes them think about cashing out immediately. This is no longer trading according to market trends but being led by their own principal.

I hit a wall at 200,000 RMB. My initial goal was to make enough from trading to buy a car, either a Model 3 or a Xiaopeng P7. At that time, I hadn't even gotten my driver's license; I just wanted to earn enough for a nice car.

Then when I reached over 200,000, I couldn't move further. People can be very greedy; on one hand, I thought this amount was enough for me to save for five years, which was already great, and I should just stop after getting a car. On the other hand, I thought that if I doubled my money, I would have both a car and 200,000 in capital.

But I always stumbled at this wall. I died countless times on the road from 200,000 to 400,000. A small loss made me panic, treating this money as my actual principal. The more I lost, the more I wanted to recover, and I ended up trading on debt. I was simply a pure gambler.

In my later trading career, I was always under debt. Even when I reached 500,000 or 600,000, I never cleared my debts, until last year when I reached 1 million, slowly paying off all my online loans, credit cards, and other debts. After clearing my debts, I immediately shed all psychological burdens, going from 2 million to 3 million to 5 million to 8 million to 6 million to 5 million to 9 million to 10 million to 15 million. Even if there were drawdowns in between, it didn't take a week for me to reach new highs. My mindset changed, and I only focused on the market itself, which opened up my trading limits.

I believe that the ceiling of trading ability does not lie in trading skills. Now it feels almost natural. Trading is just about trading mindset, trading character, and trading logic.

I basically never place trades at absolute tops or bottoms, but over the long term, I can make a profit.

Everyone has their own wall, and most people stagnate at a certain capital level and can't go any higher.

I built up my small capital, trading small-cap altcoins and trending meme coins. Do you still see me doing this now? At most, I just increased my position in Dogecoin to 100,000. Now, I'm mainly trading large positions in Bitcoin and Ethereum.

At whatever capital level you reach, you need to do the corresponding things. With my current capital, day trading with quick entries and exits is no longer suitable for me; I need to shift my mindset to trading in 1H-4H-12H levels. Many people, when their capital increases, continue to play with small caps and altcoins, and they will definitely face lessons. Small capital traders also need to adjust their trading cycles as they grow.

That's all.