Sometimes the more foolish the operation, the closer it is to the real logic of making money.
Many people in trading only have one word in mind: All-in.
It’s always about hundred times leverage.
If I don’t double my money in 5 minutes, I feel uncomfortable; if I don’t get liquidated, I feel like I’ve let myself down by entering this trade.
But have you ever thought
how many people who can survive in this market and make stable profits
have turned their fortunes around by going all-in?
I know a friend who initially had only 7000 USDT.
I taught him a way to trade contracts that I thought was “ridiculously stupid” at the time.
He managed to roll it from 7000 to over 50,000.
I remember a few key points very clearly:
Only take 1%-3% of profit from each trade and then exit.
The market may move, but people's minds are unstable; taking too much is not greed, it's gambling.
Before entering a position, don’t pay attention to what others say; focus on your own set target.
Sometimes when everyone is going long, we go short instead.
Others laugh at us for being too conservative.
But when a bearish candle drops down, it’s others who can’t laugh anymore.
Never reinvest profits to increase position size; only roll a fixed position.
Each trade is a “small goal,” take it steady.
You might think this is boring, but think about it: those who got liquidated overnight, were they being too “smart”?
What I respect the most is that even though his account grew slowly,
he almost never experienced major losses.
He doesn’t chase highs, nor guess lows; he just takes the juiciest middle part.
In fact, these methods have surprisingly made up for a lot of previous losses.
The “stop-loss mechanism” and “long-short switching rhythm” that he set up
are points that need to be understood.
Trading contracts is not about who is more aggressive, but about who can survive.
You may think being “steady” is foolish,
but often the foolish way is the true path that can go far.
