(Investing has risks; enter the market with caution! Pure experience sharing, not financial advice!)
Family, who understands! At the beginning of the year, I nervously entered the market with 5000 yuan to trade contracts, and now the account shows 96K USD (this is not a dream 😭)! It's not about talent, but strictly adhering to these 8 iron rules! I must review them before every trade to avoid N rounds of bloodbath 🩸. Today, I'm sharing from the heart, hoping those destined will take fewer detours!
8 life-saving insights summarized from blood and tears👇:
1️⃣ Survival rule for small funds: It's enough to catch one wave a day, refuse to go all in! (Applicable for principal <100K)
* ❌ Don’t be a high-frequency trade god! More than 3 trades a day will definitely break your mentality!
* ⚔️ Position ≤ 50%! Keep enough bullets to defend against sudden price spikes, don't gamble everything in one go!
* 💡 Real case: During a certain ETH waterfall, shorting with 5% position, gained considerable profits in 3 hours (specific multiples not emphasized, those who understand will understand)
2️⃣ Good news landing = bad news warning! Running fast is an art!
* 🚨 If you didn’t run on the day of major policy/project good news release? The next day’s high opening is the last escape route!
* 💣 Beware! 'Good news' often turns into a scythe; don’t stand on the mountain top as leeks!
3️⃣ News + holidays = plan ahead with a god's perspective!
* 📅 Check the calendar before trading! Reduce positions for risk avoidance around the monthly US CPI data day (around the 10th)!
* 🎆 48 hours before major holidays in China and the US! Clear your contracts for safety! Don't be stubborn!
* ⚠️ A lesson learned from blood and tears: On a certain year during a certain exchange's crash day, fully invested parties evaporated 90%...
4️⃣ Short-term core: Fast, accurate, and ruthless + learn to stay in cash!
* ⚡ Best hitting zone: 15-minute K-line + KDJ golden cross! (Essential for technical traders)
* 🔄 Going against human nature to harvest: Consider shorting when RSI > 70, and buying when <30 (going with the trend is very important!)
* 🙅♀️ Sideways market? Turn off your computer! Stay in cash! Being cautious is not shameful! Daily average volatility <2%? Protect your life!
5️⃣ Stop loss! Stop loss! Stop loss! Dignity is more important than money!
* 🔪 If the direction is wrong, cut immediately! Hesitating for a second may result in a 10% loss!
* 📏 Fixed stop loss method: 3% of principal is the red line! Cut at the line!
* 📉 Dynamic stop loss method: After a floating profit of 50%, decisively run after a 20% pullback! Preserve profits!
* 😭 A history of blood and tears: Once stubbornly held onto a long position in a certain coin, losing half a year's profit in 3 days... unforgettable!
6️⃣ Short-term technical trader's bible: 15-minute line + KDJ!
* 🔍 A microscope for short-term traders! Focus on this!
* ✅ KDJ golden cross + volume breakout = a signal worth trying!
* 🚫 MACD top divergence + volume shrinking = run fast! Warning signal!
Lastly, let me say something sincere:
Contracts are dancing on the edge of a knife; 99% of people lose money for a reason! These 8 rules are my life-saving charms earned with real money.
Don't fantasize about getting rich overnight! Strictly follow discipline, control positions, and respect the market!
I share this hoping that those destined will step on fewer pits, not to let you charge in blindly! Investment decisions are always up to you!
