During the recent market crash, Liangxi shorted with 10,000 yuan and earned 10 million.

Everyone is shorting; why is it only Liangxi making so much? The answer is rolling.

When it comes to rolling, one person must be mentioned: Tony. Many people may not recognize him, but five years ago, he turned 50,000 capital into 20 million in a year.

Tony's rolling manual is regarded as a trading bible by many.

Who is Tony?

In the early days of the cryptocurrency circle, you may have heard of Liangxi and Hanbalongwang. But in fact, they belong to the same era of super internet celebrities on Weibo as Tony.

In 2021, the wizard Tony turned an initial capital of 50,000 yuan into a profit of 20 million yuan within a year through high-leverage trading and rolling strategies.

On the internet, there are countless internet celebrities who have earned tens of millions, but Tony is fundamentally different from these people. If I were to compare, I feel the wizard and Tony are very similar.

What is rolling?

Rolling, in simple terms, is using small amounts of capital to try multiple times, achieving doubled returns through high leverage during a successful market trend. Although the process sounds exciting, the core is actually about controlling risks, accurate judgment, and strict execution.

▪️ Case Study: Rolling from 300 dollars to tens of thousands of dollars.

Suppose you have 300 dollars (about 2000 yuan), and you use this money to roll. You only take out 10 dollars each time to open a position and choose 100 times leverage. That's right, 100 times leverage! This means any 1% rise or fall will be amplified to a 100 times gain or loss.

First, the key is to be firm in your direction—whether you are bullish or bearish. Before placing an order, you must make a judgment and have the ability to execute it without changing direction at will. If you lose continuously for dozens of times, it means your direction may be wrong. At this point, it is best to stop and reflect, and you may even need to temporarily exit the market and wait for a trend reversal.

But suppose you operate until the 20th time, and the market finally moves in the direction you expected. As long as the price rises or falls by 1%, you can make 20 dollars from 10 dollars. Next, you withdraw 10 dollars as profit, and continue to invest the remaining 20 dollars. This process is called 'rolling'.

If another 1% rise or fall occurs, 20 dollars will turn into 40 dollars. At this stage, the cumulative fluctuation has reached about 2%, and your capital has quadrupled. Continuing this strategy, in the common 10% fluctuations of Bitcoin in a month, you could quickly roll your capital into thousands or even tens of thousands of dollars.

▪️ Set clear goals.

An important principle of rolling operations is to set clear goals. For example, when you earn 5,000 dollars or 10,000 dollars, stop rolling, withdraw profits, and reduce risks. This strategy helps you lock in profits and avoid excessive greed when pursuing larger goals, which could lead to liquidation.

The consequence of greed: If you do not take profits in time and continue rolling, you may end up liquidating due to a wrong judgment, rendering all your previous efforts futile. Therefore, controlling your desires and setting profit-taking points is always the key to safe trading.

▪️ When should you restart rolling?

When you have earned tens of thousands of dollars through rolling, you can choose to stop and wait. Wait for a clearer market trend, such as a significant rise or fall cycle of a certain cryptocurrency. At this point, you can continue to use 500 dollars as capital, still taking 10 dollars for 100 times leverage operations. By patiently waiting, once a unidirectional trend appears, it may give you the opportunity to achieve several times or even dozens of times returns within a few days.

However, it should be noted that such opportunities are rare; you may need several months or even a year or two to encounter a truly significant market event. Moreover, the ups and downs in the market and false breakouts can expose you to many unpredictable risks. Therefore, the success of rolling operations not only relies on accurate judgment but also requires a lot of patience and self-discipline.

Many people playing contracts always face liquidation.

In summary, the reasons boil down to the following points:

Can't resist: always wanting to open positions, frequent trading, ignoring the overall market trend.

Lack of patience: always thinking about making a lot of money in a short time, but unwilling to wait for a suitable opportunity.

Not executing the plan: Although there is a trading plan, it is not strictly followed in practice, leading to emotional trading and ultimately liquidation.

When playing contracts, the biggest taboo is greed and impulsiveness. You need to strictly follow your trading plan, even if market fluctuations make you itchy, you must firmly control your hands. Otherwise, the end result will definitely be liquidation, or even bankruptcy.

Summary

As a high-risk, high-reward strategy, rolling is suitable for investors with strong self-discipline and patience. Through rolling, you can leverage small amounts of capital for larger gains, but the premise is that you must accurately judge the market and strictly execute your plan without being greedy. If you can manage these principles well, rolling is indeed a good way to quickly accumulate funds.