How did he turn the tables from 100,000 U to only 5,000?
Last year, a fan made a reckless move, going from 100,000 U down to just 5,000 U—constantly trading, holding on stubbornly, and FOMOing into bets, placing dozens of orders a day, with transaction fees accumulating faster than his losses.
At 3 AM, still glued to the screen, he stared at the candlestick charts until his eyes blurred, finally slumping in his chair and asking, “Did the market just slaughter me like a pig?”
He reached out to me, and I said just one thing: “To turn the tables, you can't trade recklessly.”
I told him to focus on three things:
🔸 Only trade in certain market conditions
Forget the 1-minute candlestick charts and only look at 4-hour or higher level breakouts. “Better to miss out on 10 opportunities than to make one wrong trade!” No more than 3 trades a day; if you're itching to trade, go work out instead, don’t touch the keyboard.
🔸 Devil’s rolling method
First trade no more than 10% (500 U), add to your position when in profit; take half your profits when you earn 20%, set a trailing stop for the rest; cut losses at 5%, absolutely no averaging down or wishful thinking! Two consecutive stops? Just shut it down.
🔸 Record every trade, review every transaction
If you lose, understand why; if you win, maximize your gains. Discipline is greater than everything; 99% of those who blow up their accounts do so out of the luck of “just holding on a bit longer.” In the end, he steadily made back quite a bit of money.
He said, “Why didn't anyone tell me this before?”
Because most people would rather blow up their accounts than admit they are gamblers.
The first step to turning the tables is to learn to survive.
The market is rising, but has your wallet grown? Keep up with the rising sun; this market is about picking up money!