If you don't walk away, you'll die! The Iron Rule of Rolling Positions for Profit Taking
To put it simply, 95% of rolling position accounts fail not because of the wrong direction, but due to one word: greed!
Many people make a profit halfway through rolling, their mindset inflates, thinking, 'Can I take a bit more?'
'Can I earn an extra 10%?' As a result, the profit is lost, and the account is back to square one overnight!
My 'Discipline for Profit Taking on the Life and Death Line' consists of three ruthless rules:
❶ Profit of 300% requires mandatory withdrawal! Take the principal + 50% profit off the table first, and then roll the remaining 'profit portion', ensuring that 'even if the account goes to zero, there are still gains in hand'.
❷ Moving profit-taking mechanism: Lock in profits with the rising market! For every 10% increase in the account, the stop-loss line is immediately adjusted up by 7%. The more it rises, the tighter it is held, absolutely not allowing significant drawdowns!
❸ Early morning crash prevention: Set automatic profit-taking! Between 1 AM and 3 AM is the favorite time for manipulators to launch sneak attacks. I would rather earn less than gamble against the market's whims all night.
Not watching the market at night? Pre-set your profit-taking line to automatically lock in profits!
One very crucial point: Before increasing positions, you must combine on-chain data! What concentration of chips, active buying ratio, changes in large holder positions, number of active wallets...
Don't understand? Don't increase positions recklessly! Rolling positions is not an emotional game; it is the ultimate combination of discipline + execution + data logic.
In summary: The money you take into your hands is the real profit. Doubling the account is not based on luck, but on execution that is ruthlessly thorough!