In a blink of an eye, I have been in this circle for more than ten years.
I am 31 years old this year. Looking back at the scene when I first entered the market in 2014, it is still clear. At that time, I was holding a 60,000 yuan book.
The money, even borrowed from others, feels hot in my pocket. How can I feel confident?
Now the account number has already crossed eight figures, but the feeling in my heart is very complicated.
There's no luck involved. It's all a journey of forging your own path, falling into pits one step at a time and then getting up to reflect.
Over the years of trading, I have tried almost all styles - from long-term holding to short-term quick in and out, from ultra-low
From short-term hand speed to intraday swing trading, I learn different techniques like an apprentice.
Now if you say that my skills are top-notch, I really don’t dare to admit it. But when it comes to my understanding of losing money, I dare to say that I am better than the circle.
Most people in the world are more profound.
Especially in the past six years, I have seen too many people perform the drama of "building a high building and then collapsing it". Some people speculated from tens of thousands of yuan to tens of millions.
As a result, after a bear market, the account was directly cleared.
Do you think they have poor skills? Not at all. They just become accustomed to carrying the enemy alone. Their luck is exhausted and their bullets are all gone.
If you are short, a decent retracement is enough to wipe out all the paper profits.
Even if some people can make up for their losses a hundred times, if they fail to do so once, it is not just a matter of losing a small amount of money.
It's a direct reset, without even a chance to turn around.
There's another phenomenon that really annoys me: Too many people get "anxious" when they lose money.
As soon as I got into the market, I was only thinking about making a profit. As a result, all my operations were messed up. I added positions, carried orders, chased ups and downs, and finally lost myself.
I have tossed it cleanly.
I am not a saint, and I can’t control my emotions sometimes. But I always know one thing: you have to admit that the market has always been
I won't listen to your command.
Don’t think that if you say “I think the market will rise”, it will really rise; if you say “I think this is a trap for buying”, it will have to follow your script.
If you are wrong, you are wrong. If you need to leave, you need to leave. To stubbornly stick to your own ways is not persistence, but hardship on yourself.
To be honest, the essence of the cryptocurrency industry is to fight with three words: Can you endure it? Can you admit that you sometimes see
Wrong? Can we do things according to the rules?
To put it more bluntly, many people either don’t know how to place an order, or they just don’t want to admit defeat, don’t want to admit their mistakes, and are greedy.
Using "faith" as an excuse, saying "it will come back if you hold on", this is not faith at all, it is clearly a gambler's self-deception.
Now I have over 10 million in assets. I'm not saying this to show off. I've simply followed the simplest rules to the extreme:
If you see a mistake, admit it immediately and never drag your feet;
Set a stop-loss when opening an order to lock in the risk at the source;
Make decisions when you are calm. Once you get angry, just turn off the computer and leave.
Do you think making money depends on skills? The truth is: every time you don't follow the rules, you are digging your own grave.
The market is always there, and there's never a shortage of opportunities. As long as you're willing to shut off those unnecessary emotions, establish rules, and stick to them, even if you only have 10,000 yuan, let alone 60,000 yuan in capital, you still have the possibility of turning things around.
