If you want to earn 1 million in principal but only have a few tens of thousands on hand, there's only one way to achieve 1 million in principal,
and that is rolling the position.
Once you have 1 million in principal, you'll find that your entire life seems different. Even if you don't use leverage, if you have a spot that increases by 20%, that's 200,000. 200,000 is already the income ceiling for most people in a year.
Moreover, when you can grow from a few tens of thousands to 1 million, you'll grasp some thoughts and logic for making big money. At that point, your mindset will calm down a lot, and from then on, it will just be a matter of copying and pasting.
Don’t always think in terms of tens of millions or hundreds of millions; start from your own reality. Bragging only makes the braggers feel good. Trading requires the ability to identify the size of opportunities; you can't always trade small or always trade heavy. Usually, play with a small position, and when a big opportunity arises, then bring out your artillery.
For instance, rolling positions is something you can only do when a big opportunity arises. You can't roll all the time; it’s okay to miss some opportunities because in your lifetime, you only need to roll successfully three or four times to go from zero to tens of millions. Tens of millions is enough for an average person to upgrade to the ranks of the wealthy.
A few points to note about rolling positions:
1. Sufficient patience; the profits from rolling positions are enormous. As long as you can roll successfully a few times, you can earn at least tens of millions to hundreds of millions, so you shouldn't roll carelessly; find opportunities with high certainty.
2. High certainty opportunities refer to a sharp decline followed by sideways movement, then an upward breakout. The probability of following the trend is high at this time, so find the right point for trend reversal and get on board from the start.
3. Only roll long positions;
▼ Risks of Rolling Positions
Let's talk about the rolling position strategy. Many people think it's risky, but I can tell you that the risk is very low, far lower than the logic of trading futures.
If you only have 50,000, how to start with 50,000? First, this 50,000 should be your profit. If you are still losing, don’t look at it.
If you open a position in Bitcoin at 10,000 with a leverage of 10 times, using a partial position mode, only opening 10% of the position, that's just using 5,000 as margin. This essentially equals 1x leverage with a 2% stop loss. If you hit the stop loss, you only lose 2%, which is 1,000. How do those who get liquidated actually get liquidated? Even if you get liquidated, isn't it just a loss of 5,000? How can you lose everything?
If you're right and Bitcoin rises to 11,000, you continue to open 10% of the total funds, also setting a 2% stop loss. If you hit the stop loss, you still earn 8%. Where's the risk? Isn't the risk supposed to be huge? And so forth...
If Bitcoin rises to 15,000 and you increase your position smoothly, with this 50% market movement, you should be able to earn about 200,000. Grabbing two such market movements gets you around 1 million.
100 times is achieved through 2 times 10x, 3 times 5x, and 4 times 3x, not by compounding 10% or 20% every day or month; that's nonsense.
This content not only has operational logic but also contains the core principles of trading, including position management. As long as you understand position management, you cannot lose everything.
