Lost 1 million, I used 3000U to roll back hard, now I eat meat every day. If you don't understand position control, don't touch contracts.
On the day I lost 1 million, I sat in the chair motionless, and a spike on the screen wiped out my entire account.
My friends advised me to quit, but I only replied, "I don't believe I can't roll back."
I cleared my account, leaving only 3000U. It was from this 3000U that I learned real "survival trading."
Don't talk to me about emotions, don't talk to me about faith. I only do three things now:
1. Split positions, surviving is the most important
I divided the 3000U into 6 parts, each part 500U. Those who go all-in die the fastest.
As soon as there is a signal, I only use 500U to open a position, strictly stop loss within 3%, take profit based on structure, eat a wave at 1:2 or 1:3 and then exit.
A wrong trade loses a maximum of 15U, a correct trade gains back 45U to 60U. As long as the win rate is over 50%, I can recover.
2. Only trade familiar charts, closely monitor main force behavior
Some people read the news every day, watch Binance hot searches, I don't.
I only look at candlestick charts.
I only watch 4 coins every day: BTC, ETH, SOL, OP.
The main force speaks on the charts, while others only talk about traps.
For example: Last time from SOL 81 to 89, I saw a shrinking volume wash and chip accumulation the night before, directly put in 500U, made 700U in two hours and then ran.
The crypto world is not about prediction, it's about reaction. When the structure shows, just go for it; if wrong, exit.
3. Roll positions with the trend, rely on a surge to double
After my capital exceeded 5000U, I started to use "profits to roll positions."
What does it mean?
For example, in my first 5 trades, I turned 3000U into 4600U, gaining 1600 profit, at this point I dared to put all in with the profit.
If it blows up, it’s just a wasted effort, but if it’s right, I can directly double.
During that SOL surge from 101 to 113, I used profits to roll positions and made 1200U in a day.
I know: when the rhythm is right and the direction is stable, blowing up trades is just a matter of time.
In the crypto world, the only way to make money is two words: position control.
If you have no position control, even with strong skills, you will blow up.
If you have position control, even with ordinary techniques, you can survive to eat meat in the next wave.
I won't advise anyone to enter the market, but if you really can't accept it and truly want to turn things around, don't charge in recklessly.
