The money in the account is insufficient, thinking about using leverage to multiply it several times, but the heartbeat is more stimulating than the K-line. I made a profit 10 times and got liquidated once, directly returning to square one overnight.
I went through this before, and ended up losing 80% in a week, nearly losing my entire capital.
During that time, I really almost gave up, until I discovered a shocking truth.
Unregulated trading = giving money to the market makers. From the very first "feeling trade," the market makers were already waiting to cut you off with a smile.
The fundamental reason you are losing money is that 99% of the time, it’s due to these three major traps:
Following calls in the group, ALL IN.
Seeing the group full of signals that a bull market is coming and you rush in with heavy positions, only to find that the market makers are offloading, and you are the most foolish bag holder.
Using 100x leverage, hoping to get rich overnight.
It felt great for a few minutes, but then the price suddenly jumped, and you got liquidated directly. Exchanges love people like you.
Holding onto a losing position until it goes to zero.
Seeing a temporary market pullback, thinking just to wait a bit longer, and it will return to profit, only to find that not only did it not return, but you lost even more, ultimately cutting losses at the floor price.
But eventually, I finally woke up. I set some “foolish methods” for myself, and relied on these rules to steadily rebound from the low, surviving until now.
These few foolish rules have brought me to today, with a win rate of over 85%:
Only trade trends over 4 hours.
Give up those short-term small fluctuations and focus on eating the meat of larger fluctuations. Trends over 4 hours are more stable and less likely to be tricked by market makers.
Risk-reward ratio of 2:1, do not open a position.
Set a stop loss of $50 and a take profit of at least $100, with each profit being at least twice the loss. Don’t be greedy; if you lose once, you can earn twice.
Each loss should not exceed 2% of the capital.
In practice, if you can withstand 15 consecutive stop losses, then you will see a bull market. Stop when you are losing; learn to stabilize, live longer, and the money will come.
After I did these checks, you might have already entered the danger zone:
Total losses exceed 50%, the account is at its bottom.
Liquidated more than twice and still gambling to make it back.
Relying on feelings to read K-lines, not following rules at all.
The harsh truth of the crypto world is — opportunities are always there; the bull market is your last chance, but 90% of people do not have the capital to wait for a bull market.
Your losses are what the market makers love to see. They fear you placing orders like this:
Strictly control your position and do not blindly chase trades.
Stick to the rules and do not easily try high-risk bets for quick profits.
Remember: Rules > Luck, surviving is the way to go!